Category : Search result: Indian energy sector


IKEA's Parent Company Invests in Indian Solar Power

Ingka Group, IKEA's parent company, announces its first-ever renewable energy investment in India, acquiring a 49% stake in a major solar PV project from Azure Power, marking a significant milestone in India's green energy transition.

Global Investors Flock to Indian Banking Sector

Discover why global investors are pouring billions into Indian banks as economic growth, digital transformation, and regulatory stability create unprecedented opportunities in the banking sector.

India's ₹3 Lakh Crore Discom Debt Crisis

India's struggling power distribution companies (discoms) are drowning in debt. A new financial relief package aims to break the cycle, but will privatization and reforms bring lasting change?

MEIL Energy buys 250 MW plant in Tamil Nadu

Hyderabad-based MEIL Energy strengthens its power generation footprint with strategic acquisition of 250 MW Neyveli power plant, marking significant expansion in renewable energy sector.

Hoshiarpur District Launches Solar Rooftop Mapping Project

Hoshiarpur district administration collaborates with CSTEP to conduct comprehensive solar rooftop mapping, empowering residents to harness clean energy and reduce electricity costs through advanced satellite technology.

Coal India's Growth Slows Amid Weak Power Demand

India's coal mining giant faces headwinds as sluggish power demand and softer realizations impact production and sales volumes. Discover how auctions and inventory dynamics are shaping the sector.

Microvast Powers Australia's Clean Energy Future

Global battery innovator Microvast showcases revolutionary energy storage solutions at Australia's premier renewable energy exhibition, driving the nation's clean energy transformation.

PM Modi: India to be World's Steady Lighthouse

Prime Minister Narendra Modi positions India as a stabilizing global force while unveiling ambitious maritime initiatives and economic vision during India Maritime Week address.

Sinopec Profits Drop 33% on Oil Slump, Weak Fuel Sales

China Petroleum & Chemical Corporation (Sinopec) reports staggering 33% profit drop in first nine months of 2023 as lower crude prices and sluggish fuel sales impact earnings. Detailed analysis inside.

Blueleaf Energy gets $75M for clean energy push

Singapore-based Blueleaf Energy receives major climate finance injection to accelerate renewable energy projects across Asia Pacific, driving decarbonization efforts in emerging markets.

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