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ACME forays into module manufacturing with 1.2 GW facility, eyes cell production in few years

New Delhi, April 1 -- Cleantech major ACME Group has entered the renewable energy equipment manufacturing business with the commissioning of its 1.2 GW solar PV module facility in Jaipur and will also... Read More


IGL board approves renewable energy JV for solar power plant in Rajasthan

New Delhi, March 31 -- Diversifying its operations, the board of state-run city gas major Indraprastha Gas Ltd (IGL) has approved the setting up of a joint venture with Rajasthan Vidyut Utpadan Nigam ... Read More


Inflation-linked power tariffs, debt reduction of discoms discussed at GoM meet

New Delhi, March 30 -- The group of ministers (GoM) for addressing issues related to viability of electricity distribution utilities in its latest meeting discussed linking power tariffs to inflation ... Read More


Insurance surety bonds proposed to be added as guarantee instrument for pipeline, city gas projects

New Delhi, March 28 -- The petroleum and natural gas regulator has proposed to add insurance surety bonds to bank guarantees and demand drafts as a financial instrument to ensure the timely completion... Read More


Govt offers 25 mines across 7 states in 12th auction round of commercial mines

New Delhi, March 27 -- The Centre has launched the 12th round of commercial coal mines auction offering 25 mines across seven states. Chhattisgarh has the highest number of mines offered in this roun... Read More


Refining margins of OMCs subdued in FY25 amid shrinking Russian discounts

New Delhi, March 27 -- Gross refining margins (GRM) of oil marketing companies (OMC) in India are likely to continue to narrow in the ongoing fourth quarter of fiscal year 2025 (FY25) with declining d... Read More


Why refining margins stayed subdued in FY25. Hint: Shrinking Russian discounts

New Delhi, March 27 -- New Delhi: Gross refining margins (GRM) of oil marketing companies (OMC) in India are likely to continue to narrow in the ongoing fourth quarter of fiscal year 2025 (FY25) with ... Read More


Actis acquires 100% of Stride Climate Investments from Macquarie Group

New Delhi, March 24 -- Actis, a global investor in sustainable infrastructure, has acquired a 100% stake in Stride Climate Investments, a solar generation asset portfolio in India, from a fund managed... Read More


ACME Solar plans up to Rs.35,000 cr capex by 2027 to boost renewable capacity threefold

New Delhi, March 24 -- ACME Solar Holdings Ltd has outlined a plan of investing Rs.32,000-35,000 crore in capital expenditure by 2027 to expand its renewable energy portfolio, according to chief execu... Read More


House panel stresses construction of underground LPG caverns

New Delhi, March 22 -- The standing committee on petroleum and natural gas has recommended that the Union government set up underground rock caverns for storing liquified petroleum gas (LPG) amid grow... Read More