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Bengaluru : The National Stock Exchange of India (NSE) is pleased to announce the successful launch of the Monthly Electricity Futures (ELECMBL) contracts today, marking a significant step forward in the development of India's electricity derivatives market. As of 02:00 PM, the contracts recorded more than 4,000 lots, representing more than 200 million units of electricity. The total turnover of trade has crossed 87.36 crore, with the volume-weighted average price recorded at ₹4,368/MWh. The f ...Read More >
July 14 (Reuters) - Indian renewable energy firm SAEL Industries Ltd will invest 82 billion rupees ($954.04 million) to build a 5-gigawatt (GW)-per-year integrated solar cell and module manufacturing facility in the northern state of Uttar Pradesh, the company said on Monday. Through one of the largest investments seen so far in the solar manufacturing space in India, the plant in Greater Noida will boost SAEL's total module manufacturing capacity to 8.5 GW. Construction is expected to begin t ...Read More >
India has achieved 50 per cent non-fossil fuel-based power generation capacity of 242.8 GW out of the total 484.8 GW installed capacity, five years ahead of its 2030 target, Union New & Renewable Energy Minister Pralhad Joshi said on Monday. This assumes significance in view of India's commitment at international fora to increased non-fossil fuel-based power generation in the country. India has set an ambitious target of having 500 GW of renewable energy-based electricity generation by 2030. ...Read More >
Ahmedabad, July 14 (PTI) The Gujarat High Court on Monday directed a man, facing contempt of court for attending a virtual court hearing while relieving himself on a toilet seat, to deposit Rs 1 lakh with the court's registry after observing that he was ready to tender an unconditional apology. The incident occurred on June 20 when Justice Nirzar S Desai was hearing a case. A video of the man soon went viral, prompting the high court to initiate suo motu contempt proceedings. On Monday, the di ...Read More >
NEW DELHI: Non-fossil fuel sources now make up half of power generation capacity, a milestone the country has achieved five years ahead of the target set under its Nationally Determined Contributions (NDCs) committed in to the Paris Agreement climate agreement."In a world seeking climate solutions India is showing the way," renewable energy minister Pralhad Joshi said in a social media post, crediting the progress to prime minister Narendra Modi's stewardship of "Bharat's green transformation to ...Read More >
July 14 (Reuters) - India said on Monday it has achieved 50% of its installed electricity capacity from non-fossil fuel sources -- five years ahead of its 2030 target under the Paris Agreement, signalling accelerating momentum in the country's clean energy transition. WHY IT'S IMPORTANT The announcement comes as India's renewable power output rose at its fastest pace since 2022 in the first half of 2025, while coal-fired generation declined nearly 3%. Fossil fuels still accounted for over two ...Read More >
Mumbai (Maharashtra) [India], July 14 (ANI): The National Stock Exchange of India (NSE) on Monday announced the successful launch of its Monthly Electricity Futures (ELECMBL) contracts, marking a significant step forward in the development of India's electricity derivatives market. Electricity Futures are standardised financial contracts that allow buyers and sellers to lock in the price of electricity for future delivery at a specified time and quantity. Also Read | Shubhanshu Shukla With Axi ...Read More >
NLC India Ltd (NLCIL), a prominent public sector enterprise, has announced an ambitious capital expenditure plan worth Rs 1.25 lakh crore to be executed by 2030. The strategic move aims to scale up its total power generation capacity from the current 6.7 gigawatts (GW) to 20 GW over the next five years, with renewable energy emerging as the central focus of this expansion. Prasanna Kumar Motupalli, Chairman and Managing Director of NLCIL, confirmed that a substantial Rs 65,000 crore of the tota ...Read More >
New Delhi [India], July 13 (ANI): The Ministry of Environment, Forest and Climate Change (MoEF&CC) has revised India's 2015 emission norms for thermal power plants that asked for mandatory installation of flue gas desulphurisation (FGD) systems. The decision is likely to benefit about 79 per cent of the thermal plants of India. Industry experts asserted that new norms are likely to reduce power generation cost of thermal power plants by 25 to 30 paisa per kilowatt hour (Kwh), benefitting consu ...Read More >
Investing.com-- The investigation into a deadly crash of an Air India Boeing (NYSE:BA) plane in June has so far not found a problem with the 787 Dreamliner, the Wall Street Journal reported on Thursday evening. Preliminary findings show that fuel switches, which control fuel flow to the jet's two engines, were turned off, leading to a loss of thrust after takeoff, the WSJ report said, citing people familiar with early assessments from U.S. officials. Initial U.S. assessments did not indicate a ...Read More >
Kurnool: The Srisailam reservoir is currently receiving steady inflows of 1.60 lakh cusecs and releasing 1.70 lakh cusecs downstream towards Nagarjunasagar as of 7 pm on Thursday, according to dam officials. At present, the project is getting 29,220 cusecs of inflow from Jurala, 79,740 cusecs from the spillway and 51,883 cusecs from Handri. To manage the water levels, officials have lifted three radial gates up to 10 feet to discharge excess water. Of the total 1.7 lakh cusecs being released, ...Read More >
New Delhi: Power minister Manohar Lal on Wednesday said establishing an energy storage system is essential to meet clean energy targets to stabilise the grid, optimise power generation and ensure round-the-clock electricity supply. Over the last three-four years, the cost of energy storage has significantly dropped, Lal said at the India Energy Storage Week conference here on Wednesday. "What was once ₹10 lakh/MW has now fallen to ₹2.5 lakh/MW per month, a reduction to one-fourth of the origin ...Read More >
New Delhi: Adani Power Ltd on Tuesday announced the completion of its acquisition of the 600-megawatt (MW) Vidarbha Industries Power Ltd through the insolvency route for an aggregate consideration of Rs4,000 crore. On June 18, 2025, the Mumbai Bench of the National Company Law Tribunal (NCLT) approved its resolution plan for Vidarbha Industries Power Ltd (VIPL), Adani Power Ltd (APL) said in a statement. SB Khyalia, Chief Executive Officer, Adani Power Ltd, said: "As we continue expanding our ...Read More >
Himachal Pradesh reports that major dams are operating safely. This is despite widespread rainfall. The State Emergency Operation Centre confirms water levels are within permissible limits. Hydroelectric power generation continues largely uninterrupted. Authorities are closely monitoring dam inflows and discharges. Residents in low-lying areas are advised to remain cautious. There is no immediate flood threat from any major dam.Despite widespread rainfall and localised disruption to public utili ...Read More >
Hyderabad: The legacy of Sardar Hari Singh Nalwa, who once stopped the Afghan forces at the Khyber Pass, is not merely history but a living inheritance, said Dr A. Tajinder Pal Singh Nalwa, his descendant. "If we could protect India from invasions then, we must now protect our children's minds from disintegration." Dr Nalwa was speaking to Sikh educators, community members, students, and lawyers at a seminar hosted by the Sikh Education Society at Guru Nanak High School Lecture Hall. Presided ...Read More >
Nagpur: Adani Power has finally taken over Anil Ambani-led Reliance Group's power plant at Butibori for Rs4,000 crore. The acquisition was formally completed on Tuesday. Originally built for captive supply of cheap power to industries in Butibori and nearby areas, the power plant ended up catering to Mumbai before it ran into trouble.Reliance company, Vidarbha Industries Power Limited (VIPL), had set up a 600MW (2 units of 300 MW) capacity generation plant at Butibori over a decade ago. The plan ...Read More >
NEW DELHI: Adani Power Ltd. (APL) on Tuesday announced successfully completing the acquisition and resolution plan implementation of Vidarbha Industries Power Ltd. (VIPL) for a total consideration of ₹4,000 crore. VIPL operates a 2×300 MW domestic coal-fired power plant located in Butibori, Nagpur district, Maharashtra. VIPL was undergoing the Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code (IBC). The company, in a press note said that on June 18, 2025, t ...Read More >
Guwahati, July 8: Coal production in the Northeast by Coal India Limited (CIL) is going down, with the state-owned coal producer suspending mining operations in many mines due to various constraints like difficult geomining conditions, economic unviability, non-availability of suitable mining methods and non-availability of forest and environment clearances, according to a Coal Ministry report. CIL's production dropped from 7.84 lakh tonnes in 2018-19 to 2 lakh tonnes in 2024-25, the report sta ...Read More >
New Delhi, Jul 8 (PTI) Adani Power Ltd on Tuesday announced the completion of its acquisition of the 600 megawatt (MW) Vidarbha Industries Power Ltd through the insolvency route for an aggregate consideration of Rs 4,000 crore. On June 18, 2025, the Mumbai Bench of the National Company Law Tribunal (NCLT) approved its resolution plan for Vidarbha Industries Power Ltd (VIPL), Adani Power Ltd (APL) said in a statement. Subsequently, the plan was successfully implemented on July 7, 2025, taking A ...Read More >
Mumbai: The Adani Group has emerged as the only bidder without conditions in the race to acquire Jaiprakash Associates, submitting a ₹12,600 crore offer under the ongoing insolvency process. The other bidders - Dalmia Bharat, Vedanta, Jindal Power and PNC Infratech-have tied their bids to the resolution of a critical land dispute involving the Gautam Buddh Nagar Sports City project, currently pending before the Supreme Court. Jaiprakash Associates has attracted five bids, with Dalmia Bharat lea ...Read More >
Patiala: Punjab faces unprecedented pressure on its power grid, with electricity demand almost doubling over the past 12 years -- drawing parallels with a developing nation's industrial boom and raising fears of future grid stress. On July 5, the demand was highest ever, with peak load surging to 17,233 MW, almost double the 9,074 MW recorded in the year 2012-13. Officials associate this sharp rise with the state's intensifying domestic, industrial, and agricultural power usage -- during the sum ...Read More >
Bhubaneswar: Odisha govt aims to create 10 lakh green livelihoods through engagement in eco-tourism activities by establishing 100 facilities to process medicinal plants. The move is an attempt to engage local communities in its mission to establish green Odisha by 2036. On the occasion of the 76th Van Mahotsav, chief minister Mohan Charan Majhi said on Monday. The govt also introduced new awards for environmentalists and conservationists as well as increased the award money.In his speech, the c ...Read More >
Kota: Chief minister Bhajan Lal Sharma and Lok Sabha Speaker Om Birla participated in a public grievance redressal camp organised under Pandit Deendayal Upadhyay Antyodaya Sanbal Pakhawda campaign at Maharav Bhimsingh Stadium in Sangod town of Kota district Monday.They launched the Suposhit Maa Abhiyan, dedicated to pregnant women weighing less than 50 kilograms who need additional nutrition and health services. Nutrition kits for 1,500 identified pregnant women will be distributed under the 'Su ...Read More >
New Delhi: India's coal production crossed the 1,000 million tonnes (MT) mark in March 2025, a significant milestone backed by sustained policy reforms and rising power demand. According to a recent report by CareEdge, the share of domestic coal in total consumption rose from 77.7 per cent to 82.5 per cent, supported by the allocation of 184 coal mines till January 2025. Improved supply conditions and policy support have also led to a steady decline in coal prices, a trend expected to continue ...Read More >
Rudraprayag (Uttarakhand) [India], July 7 (ANI): Heavy rainfall in Rudraprayag and adjacent areas of Uttarakhand has increased the water flow in the Alaknanda river. However, even after the heavy rainfall and increased water flow, the river is still flowing below the danger mark. Meanwhile, in the neighbouring state, Himachal Pradesh, despite widespread rainfall and localised disruption to public utilities across, water levels in all major dams remain within safe operational limits, and hydroe ...Read More >
Union Minister Piyush Goyal pledged to recommend a GST reduction on handicrafts and handlooms in Jammu and Kashmir. He addressed the FTII Traders Conclave 2025 in Srinagar. Goyal also announced a Centre of Excellence for Packaging and Design. Discussions included setting up a Centre of Excellence for storage technology. He assured support for startups and new talent. Union Commerce and Industry Minister Piyush Goyal on Sunday promised to recommend a reduction in the Goods and Services Tax impos ...Read More >
Srinagar (Jammu and Kashmir) [India], July 6 (ANI): Union Minister of Commerce & Industry Piyush Goyal met with representatives of the Jammu-Kashmir Fruits and Vegetable Processing and Integrated Cold Chain Association (JKPICCA) in Srinagar on Sunday. The meeting focused on strategies to sustain industrial development in the cold chain and agro-processing sectors, crucial for strengthening J-K's agricultural economy and boosting exports. 'Today, I met with representatives of the Jammu-Kashmir ...Read More >
Srinagar (Jammu and Kashmir) [India], July 6 (ANI): Union Minister of Commerce & Industry Piyush Goyal met with representatives of the Jammu-Kashmir Fruits and Vegetable Processing and Integrated Cold Chain Association (JKPICCA) in Srinagar on Sunday. The meeting focused on strategies to sustain industrial development in the cold chain and agro-processing sectors, crucial for strengthening J-K's agricultural economy and boosting exports. 'Today, I met with representatives of the Jammu-Kashmir ...Read More >
Srinagar (Jammu and Kashmir) [India], July 6 (ANI): Union Minister of Commerce & Industry Piyush Goyal met with representatives of the Jammu-Kashmir Fruits and Vegetable Processing and Integrated Cold Chain Association (JKPICCA) in Srinagar on Sunday. The meeting focused on strategies to sustain industrial development in the cold chain and agro-processing sectors, crucial for strengthening J-K's agricultural economy and boosting exports. Also Read | Delhi Shocker: Teenager Stabs 15-Year-Old Ki ...Read More >
Meerut: Solid waste management is a huge challenge confronting human settlements but Mohiuddinpur village in Meerut has found a solution to this problem. The panchayat here has set an example for others to emulate by not only disposing off the waste to generate power but also earning revenue in the process. The village is earning an annual revenue of Rs 10 lakh which is an example in resource generation. The village has around 1200 residences that also house some tenants. The population here is ...Read More >
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