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CM approves 350 acres for CESC’s Rs 12,000-crore battery storage unit

CM approves 350 acres for CESC’s Rs 12,000-crore battery storage unit

West Bengal CM approved 350 acres for CESC's Rs 12,000-crore, 5,000 MW battery storage unit in Uttarpara. This aims to supply 50% of Kolkata's power from renewable sources within five years.
PM Modi suggests five new projects in green energy sector with Oman

PM Modi suggests five new projects in green energy sector with Oman

PM Modi proposed 5 new green energy projects with Oman in 5 years, focusing on Green Hydrogen, Solar Parks, and Smart Grids. He also suggested an Innovation Bridge for 200 startups in 2 years and an Agri Innovation Hub.
Power engineers body to hold nationwide protest against SHANTI Bill on Dec 23

Power engineers body to hold nationwide protest against SHANTI Bill on Dec 23

Power engineers, trade unions, and farmers will protest nationwide on Dec 23 against the SHANTI Bill. It opens India's nuclear sector to private players, aiming for 100 GW atomic energy by 2047, raising concerns over liability.
China's steel export licences are set to curb trade frictions

China's steel export licences are set to curb trade frictions

China will implement a steel export licence system from 2026 for 300 products to monitor shipments and curb trade frictions. Exports rose 6.7% to 107.72 million tons in 11 months, but value fell 2.1%.
Iron ore extends gains on improving steel margins, restocking hopes

Iron ore extends gains on improving steel margins, restocking hopes

Iron ore futures rose on Thursday, driven by improved steel margins and anticipated restocking by steel mills in China, signaling a positive market trend.
Chinese domestic LNG prices hit five-year winter low

Chinese domestic LNG prices hit five-year winter low

Chinese domestic LNG prices plummeted to a five-year winter low on Dec. 17, even falling below this year's weak season prices. This marks a significant drop in the energy market.
Platinum soars to 18-year high as investors hedge against currency fall

Platinum soars to 18-year high as investors hedge against currency fall

Platinum soared to an 18-year high, reaching $1,975/ounce, gaining nearly 115% this year. Fuelled by currency hedging, industrial demand, and supply deficits, it's seen as an an undervalued contrarian opportunity.
Hubballi smart city houses remain vacant as families wait for keys

Hubballi smart city houses remain vacant as families wait for keys

Hubballi Smart City's 80 houses, built in 2022, remain vacant despite 47 allotments last September. Pending electrical work, sanitation, and Rs 4 lakh meter installation delay possession, leading to building deterioration.
Delhi CM flags off 100 new e-buses, launches Delhi–Dharuhera interstate service

Delhi CM flags off 100 new e-buses, launches Delhi–Dharuhera interstate service

Delhi CM Rekha Gupta flagged off 100 new e-buses and launched the Delhi-Dharuhera interstate service. The city's 3400 EV bus fleet will expand, aiming for a fully electric fleet. University bus services were also restarted.
Rajasthan offers ₹17,000 additional subsidy for rooftop solar consumers

Rajasthan offers ₹17,000 additional subsidy for rooftop solar consumers

Rajasthan provides an additional ₹17,000 state subsidy for rooftop solar, making a 1.1 kW plant free. Combined with ₹78,000 central aid, total support reaches ₹95,000, plus 150 units free electricity monthly.

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