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ACME Group plans $1.4 bn green methanol plant in Odisha, inks agreement

New Delhi, Jan. 25 -- ACME Group, one of India's largest solar platforms, has signed an agreement to build a $1.4 billion, or about Rs.12,422 crore, plant in Odisha that will produce 200,000 tonnes of... Read More


State-run BPCL to sign $780 mn crude sourcing deal with Brazil's Petrobras

New Delhi, Jan. 23 -- State-run Bharat Petroleum Corp. Ltd (BPCL) will sign a contract with Brazil's Petrobras next week to supply 12 million barrels of crude oil a petroleum ministry statement said, ... Read More


Power distribution reform scheme may get Rs.18,000 crore in FY27 budget

New Delhi, Jan. 23 -- The government may increase the annual allocation for the Revamped Distribution Sector Scheme (RDSS) to Rs.18,000 crore in the FY27 budget, scheduled to be presented on 1 Februar... Read More


ReNew raises $600 million bond at 6.5% coupon rate

New Delhi, Jan. 22 -- Nasdaq-listed ReNew Energy Global Plc has raised $600 million worth of bonds at a coupon rate of 6.5% for a tenure of five years, two people aware of the development said. The r... Read More


India offers $350 bn green energy investment opportunity, Pralhad Joshi tells global investors

New Delhi, Jan. 22 -- India offers a $300-350 billion green energy investment opportunity till 2030 with a predictable and stable ecosystem in place, Union minister Pralhad Joshi told global investors... Read More


Your power bills may rise annually after Centre proposes index-linked pricing

New Delhi, Jan. 22 -- Electricity bills for consumers across India could begin rising automatically every year starting next fiscal, regardless of political reluctance at the state level. The Union p... Read More


Decades-long reforms: How India's discoms returned to profits but have Rs.7 trn of cumulative debt to deal with

New Delhi, Jan. 20 -- India's power distribution sector which has been reeling under high debt and operational losses for several years returned to profits in fiscal 2025. In FY25, distribution utilit... Read More


Govt to further open power distribution, allow multiple discoms per area

New Delhi, Jan. 19 -- The government is set to introduce an amendment bill in the upcoming budget session of Parliament to further open the power distribution sector, enforce financial discipline, and... Read More


India's wholesale inflation turns positive in December as food, manufacturing prices rise

NEW DELHI, Jan. 14 -- India's wholesale price inflation rose for a second straight month in December 2025, returning to positive territory as higher prices of food items, non-food articles and manufac... Read More


Germany's Uniper in long-term pact with AM Green for green ammonia offtake

New Delhi, Jan. 12 -- AM Green Ammonia, backed by Greenko founders, on Monday signed a long-term agreement with Germany-based energy firm Uniper Global Commodities SE for an annual offtake of up to 50... Read More