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India mulls more sops to help offshore wind projects set sail

New Delhi, Feb. 20 -- India is working on a broad financial and policy push to get India's offshore wind programme off the ground after the country's first tender in off Gujarat drew no bids, two peop... Read More


Mint Explainer | How India's data centre boom could strain its power infrastructure by 2030

NEW DELHI, Feb. 20 -- As India plans to set up 10 gigawatts (GW) of data centre capacity by 2030, demand for electricity is expected to surge. Mint explains how this will impact India's power sector. ... Read More


Discussions for India's full membership of IEA underway

New Delhi, Feb. 19 -- Talks on India's full membership of the International Energy Agency (IEA) are underway as part of the efforts to strengthen global energy governance, said the intergovernmental o... Read More


Govt sets up panels to work out PFC-REC merger process

New Delhi, Feb. 19 -- The power ministry on Thursday set up two panels to study the modalities of the proposed merger of state-run Power Finance Corp and its subsidiary REC Ltd, and oversee the restru... Read More


India, UK launch joint taskforce for development of offshore wind energy

NEW DELHI, Feb. 18 -- Union minister for new and renewable energy Pralhad Joshi and David Lammy, the deputy prime minister of UK, launched a taskforce for the development of offshore wind energy in In... Read More


British International Investment tops $1 billion climate investment target in India, backs EV firm Turno

NEW DELHI, Feb. 17 -- Development finance institution British International Investment (BII) on Tuesday said it has exceeded its commitment to invest $1 billion in climate finance during the 2022-2026... Read More


Torrent to acquire Nabha Power from L&T for Rs.6,889 cr

NEW DELHI, Feb. 17 -- Torrent Power Ltd has entered into a definitive agreement with L&T Power Development Ltd (L&TPDL), a wholly owned subsidiary of Larsen & Toubro (L&T), to acquire a 100% equity st... Read More


Indian solar equipment makers plan Rs.30,000 crore play for 50 GW of cell capacity to meet local sourcing mandate

New Delhi, Feb. 17 -- Indian solar equipment makers are lining up Rs.30,000 crore to create around 50 gigawatts (GW) of solar cell capacity in the next financial year (FY27) to comply with the governm... Read More


A tsunami of investment is brewing in India's solar cell sector

New Delhi, Feb. 17 -- New Delhi: India's solar manufacturers are preparing to invest about Rs.30,000 crore to build about 50 GW of solar cell capacity in fiscal year FY27, racing to comply with new lo... Read More


AM Group challenges tech giants with $25 billion green AI platform

New Delhi, Feb. 16 -- AM Group, the green energy conglomerate led by the Greenko founders, is developing a $25 billion High-Performance Compute (HPC) hub that aims to establish a 1-gigawatt (GW) artif... Read More