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Discoms selling green power at lower than cost price on exchanges; growing crisis threatens green energy trajectory

New Delhi, Jan. 10 -- A deluge of solar power and rules binding electricity distributors to purchase it are prompting distress sales on India's electricity exchanges, trade data showed. Discoms sittin... Read More


Discoms sell green power at a discount

new delhi, Jan. 10 -- A deluge of solar power and rules binding electricity distributors to purchase it are prompting distress sales on India's electricity exchanges, trade data showed. Discoms sittin... Read More


India-backed International Solar Alliance takes a hit as US pulls out

New Delhi, Jan. 8 -- In a setback for the India-backed International Solar Alliance (ISA), the United States has withdrawn its membership from the multilateral body that focuses on accelerating global... Read More


IGX eyes December listing, lines up expansion

New Delhi, Jan. 7 -- Indian Gas Exchange (IGX) plans to launch its initial public offering by the end of 2026, according to its top executive. The IPO would largely be an offer for sale (OFS) for 22%... Read More


NIP 2.0: Highways dominate as Centre identifies Rs.17 trillion public-private projects

New Delhi, Jan. 6 -- The Union finance ministry on Tuesday announced the second pipeline of 852 infrastructure projects, dominated by highways, to be developed under the public-private partnership mod... Read More


Indian crude basket slips below $60 a barrel for first time in years

NEW DELHI, Jan. 6 -- The price of the Indian crude oil basket, which represents the cost of oil imported by the country, has averaged $59.92 per barrel so far in January, down from $62.2 in December, ... Read More


India's services sector growth hits 11-month low in December amid slow expansion in new businesses

New Delhi, Jan. 6 -- India's services sector growth declined to an 11-month low in December amid slow expansion in new businesses, according to a private survey on Tuesday. The seasonally adjusted HS... Read More


Inox Clean acquires 300 MW of SunSource green power portfolio in Rs.1,000-cr deal

New Delhi, Jan. 5 -- Initial public offering-bound Inox Clean Energy has signed a definitive agreement to acquire 300 MW of solar power portfolio of Dutch multinational SHV Energy-owned SunSource Ener... Read More


Mint Explainer | Why India's winter power spike matters after a muted year for electricity demand

NEW DELHI, Jan. 4 -- India's electricity demand spiked sharply at the end of December, bucking a largely subdued trend seen through most of 2025. Peak power demand touched 241 gigawatt (GW) on 31 Dece... Read More


Russian oil discount for Indian refiners jumps to $8 a barrel

New Delhi, Jan. 3 -- Russian crude suppliers are now offering Indian refiners a higher discount of up to $8 a barrel, doubling since October after sanctions were announced on Rosneft and Lukoil, accor... Read More