Energy

Uttarakhand State Government has granted contracts worth ₹17,000 crore to THDCIL-UJVNL Energy Company, a joint venture between THDC India and UJVNL, for five hydro-electric projects totaling 1,719 MW. The projects include Mori Hanol (63 MW)

ITD Cementation secures Rs 1,001 cr 500 MW Hydro Power Project in AP

ITD Cementation India, a leading EPC player, has clinched a contract valued at Rs 1,001 crore for the construction of hydro-mechanical works in a 500 MW pumped storage project in Andhra Pradesh. This strategic move bolsters ITD Cementation's standing

Adani Total Gas initiates green hydrogen blending pilot in Ahmedabad

Adani Total Gas (ATGL) launches a green hydrogen production and blending pilot project in Ahmedabad, Gujarat, with plans for commissioning by the 2024-25 financial year. In collaboration with TotalEnergies, the project aims to gradually increase the

Tata Power unveils Rs 60,000-cr investment plan with renewable focus

Tata Power announces a comprehensive investment plan of Rs 60,000 crore, with nearly half dedicated to the renewable sector. The investment will be phased, starting with Rs 15,000 crore in FY24 and scaling up in subsequent years. The plan includes

AmpIn Energy Transition to invest Rs 3,100-cr in 600 MW Renewable Energy Projects

AmpIn Energy Transition announces a substantial investment of Rs 3,100 crore for the development of over 600 MW renewable energy projects and an integrated solar cell and module manufacturing facility across the eastern

Ramco Cements plans Rs 1,650-cr investment for capacity expansion in FY24

Ramco Cements is set to invest INR 1,650 crore in the current financial year (FY), focusing on capacity expansion projects and land acquisition in Andhra Pradesh and Karnataka. The investment will cover the expansion of the Kolimigundla thermal

UP govt plans 550 MW solar plants along Bundelkhand Expressway

The Uttar Pradesh government is set to establish 550 MW solar plants along the Bundelkhand Expressway, covering 1700 hectares of land. Under Public Private Partnership (PPP) mode, prominent companies, including

Gensol Engineering wins NHPC's green hydrogen mobility station project in Ladakh

Gensol Engineering, in collaboration with Matrix Gas & Renewables, is the lowest bidder for NHPC's green hydrogen mobility station EPC project in Kargil, Ladakh. The project includes the entire balance of plant EPC

Skipper secures Rs. 924-cr T&D contracts

Skipper, a manufacturer of power transmission and distribution (T&D) structures of global standards, has bagged work orders and notification of awards (NoA) totalling Rs. 924 crore in its T&D business. The Kolkata-based company has received

India aims to meet energy needs using clean sources: Goyal

Union Minister of Commerce & Industry Piyush Goyal has stated that India’s energy transition has a very large end-to-end dimension and the government is working towards the goal of meeting the country’s energy need with a clean source, For the next

Vibrant Energy to build 198 mw wind power plant

Vibrant Energy is set to develop a 198 MW wind farm project in Osmanabad, Maharashtra, in collaboration with the e-commerce major Amazon. A power purchase agreement (PPA) has been signed between the two companies for this endeavor. The

KPI wins 7.80 mw green energy generation contracts

KPI Green Energy has bagged new work orders from Sustainable Spinning and Commodities (SSCPL) to execute a wind and solar hybrid power project. This project will encompass 4.20 MW wind and 3.60 MW solar capacities and is slated to be commissioned

ONGC seals Rs. 925-cr PTC’s acquisition deal

In an attempt to increase its green energy generation capacity, Oil and Natural Gas Corporation (ONGC) has won a bid to acquire PTC’s wind power plant, making an investment of Rs 925 crore. This move aims to enable the company to expand

MNRE in JV expanding green energy generation capacity

The Ministry of New & Renewable Energy (MNRE) with the Ministry of Coal has decided to jointly work for expanding green energy generation capacity. In this connection, the two ministries have concluded that MNRE would provide technical, policy and

Suzlon Group secures 50.04 MW wind power contract

The Suzlon Group has secured an order for a 50.4 MW wind power project from Juniper Green Energy. The project, located in Dwarka district of Gujarat, is expected to be commissioned in 2025. As a renewable energy solutions provider, Suzlon will

In order to achieve 21.9 mtpa cement manufacturing capacity, Ultratech Cement's Board has approved the third phase of expansion, involving an investment of Rs 13,000 crore. The company aims to achieve this target by incorporating a mix of

Allcargo Group intensifying efforts to achieve carbon neutrality by 2040

Allcargo Group is intensifying its efforts to achieve carbon neutrality by 2040, as stated in its ESG report with the theme 'Navigating the Green Horizon.' The report highlights the Group’s commitment to achieving carbon neutrality through

JCIL wins Rs. 280-cr CAL contract in Jharkhand

Adding new order to its project portfolio, John Cockerill India (JCIL) has secured a contract worth Rs 280 crore from the Tinplate Company of India (TCIL), a subsidiary of Tata Steel, to install a continuous annealing line (CAL) at TCIL’s Jamshedpur

SPTL-GIC forms $ 100-mn JV for power evacuation projects

Sterlite Power Transmission (SPTL), a private entity owned by the Vedanta Group, has joined hands with Singapore-based sovereign wealth fund GIC to create a USD one billion joint venture (JV) platform. Both the players have signed the JV agreement

Gensol Engineering secures Rs.301.05-cr power contract

The construction engineering company, Gensol Engineering, has secured a work order worth Rs 301.5 crore from Maharashtra State Power Generation (MahaGenco). This project pertains for the installation and commissioning of a green energy power

4th International Suppliers Conference 2023 from Dec 4 in Mumbai

The 4th Edition of the International Conference of Suppliers to the construction chemicals industry is being organized by Construction Chemicals Manufacturers Association (CCMA). This two-day event will bring together the leading manufacturers and

Cabinet clears Rs 20,773.70-cr green energy corridor

The Union Cabinet has approved a 713km long Green Energy Corridor (GEC) Phase-II-Inter-State Transmission System (ISTS) for 13 GW renewable (RE) energy project in Ladakh at a cost of Rs 20,773.70 crore. The project involves the setting up of

Jakson Green plans Rs. 2400-cr green ammonia plant

Jakson Green has signed a Memorandum of Understanding (MoU) with Deendayal Port Authority to develop a green ammonia plant at Kandla Port in Gujarat, with an investment of Rs 2,400 crore in a phased manner. The plant will have an annual production

REC commits Rs. 40,358-cr for power infra in Odisha

In a bid to augment the energy infrastructure in Odisha, REC has signed three Memorandums of Understanding (MoUs) worth Rs. 40,358 crore to finance various projects in Odisha. These MoUs will foster development and sustainability in the region, through

IOC in JV to build Rs.1,660.15-cr green energy plants

Indian Oil Corporation (IOC) and NTPC Green Energy will jointly invest Rs.1,660.15 crore to set up renewable power generation plants. IOC and NTPC had formed a 50:50 joint venture company in June this year

Steel and cement industries need Rs 47 lakh-cr for net-zero carbon emissions

To achieve net-zero emissions, India's steel and cement industry will need an extra investment of Rs 47 lakh crore, the Council on Energy, Environment and Water (CEEW) report states. India ranks second globally in steel and cement production, and these

L&T secures Rs. 7,000-cr onshore EPC contract

The energy hydrocarbon wing of Larsen and Toubro (L&T) has secured a contract worth over Rs. 7,000 crores from a Middle East company. The company will undertake engineering, procurement and construction (EPC) work of gas compression plants

Cabinet clears amendment to Critical Minerals Act

The Union Cabinet has approved an amendment to the Second Schedule of the Mines and Minerals (Development and Regulation) Act, 1957 (‘MMDR Act’) for specifying rate of royalty of three critical minerals including lithium, niobium and rare earth elements

Nilkanth Ferro unveils 12.67-acre unit in West Bengal

Nilkanth Ferro, in its endeavour to expand its existing project portfolio, has planned to set up a ferro alloy facility with a capacity of 3x9 MVA in Radha Madhavpur village, covering an area of 12.67 acres in the Bankura district of West Bengal. This new unit

IMF bats for green corridors for critical minerals & food security

The International Monetary Fund has stressed the need for establishing a minimum "green corridor" agreement to maintain integrated markets for minerals critical for decarbonisation. It has also proposed a "food corridor" agreement to ensure access to food