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NHPC drops plan to buy out PSU promoters' stake in PTC India

new delhi, June 17 -- NHPC Ltd has shelved its plan to buy out its PSU peers in power trading company PTC India Ltd, two people aware of the matter said. Earlier this year, NHPC had informed the power... Read More


Oil prices above $75/bbl as Israel-Iran conflict intensifies

New Delhi, June 16 -- Crude oil prices edged higher early Monday as tensions escalated between Israel and Iran, with both countries targeting each other's key energy infrastructure. Over the weekend,... Read More


ReNew's profit surges fivefold to Rs.313.7 crore in Q4

New Delhi, June 16 -- Nasdaq-listed ReNew Energy Global Plc on Monday reported a fivefold year-on-year jump in its profit in the quarter ended March. The net profit for the fourth quarter of FY25 sto... Read More


Green energy developers may invoke force majeure clause

new delhi, June 16 -- Indian green energy developers and manufacturers are considering invoking "force majeure" clauses to delay project completion, citing disruptions in the supply of rare earth elem... Read More


Nepal begins export of power to Bangladesh via Indian power grid

New Delhi, June 15 -- Nepal Electricity Authority has begun exporting 40MW to Bangladesh through the Indian power grid, marking the launch of a trilateral power cooperation in South Asia. In November... Read More


India concerned about crude oil supply disruptions in Strait of Hormuz as prices surge after Israel's attacks on Iran

New Delhi, June 13 -- Indian policymakers are concerned about likely crude oil supply disruptions in the Strait of Hormuz - a key supply route for West Asian oil for the world's third-largest buyer - ... Read More


Top power authority mulls sops for critical components as China curbs rare earth supply

New Delhi, June 13 -- The Central Electricity Authority (CEA) has prepared a draft list of critical components, including permanent magnets, voltage transformers and super capacitors, that will requir... Read More


Power ministry announces additional Rs.5,400 cr VGF for 30 GWh battery energy storage

New Delhi, June 10 -- Union minister for power Manohar Lal on Tuesday said the government will roll out an additional viability gap funding (VGF) worth Rs.5,400 crore for setting up 30 GWh of battery ... Read More


NTPC ties up with SEforALL for energy transition roadmap

New Delhi, June 9 -- The state-run National Thermal Power Corporation (NTPC) Ltd has signed an agreement with Sustainable Energy for All (SEforALL) to develop its energy transition roadmap. A joint s... Read More


India should offer incentives to encourage local manufacturing of critical battery components, says CEA

New Delhi, June 9 -- The Central Electricity Authority (CEA) has recommended offering incentives to encourage the local manufacture of critical battery components including battery management systems,... Read More