Market News Today

India's Bhadla Solar Park now boasts 10 million solar panels, generating 2,000 MW, providing electricity for millions of homes and significantly reducing carbon emissions, positioning India as a clean energy leader.

Delta Electronics India is boosting R&D at its Bengaluru center, expanding engineers from 385 to 750 for high-voltage power, renewable energy, and EV components. Backed by a $500M investment, 65% utilized, full allocation by 2027.

Malaviya Solar Consultancy partnered with LuxChemtech for 98%-recovery, zero-waste solar panel recycling technology in India. This supports India's 500 GW renewable target by 2030, addressing up to 19 million tons of solar waste.

CMPDI celebrated its 51st Foundation Day on Nov 20 in Ranchi. Dignitaries highlighted its role in India's energy needs, Viksit Bharat 2047, and Net Zero 2070 goals, urging diversification into critical minerals and smart mining.

UPERC approved a 300 MW wind-solar hybrid power deal for UPPCL at ₹3.56/kWh for 25 years. This boosts Uttar Pradesh's renewable energy targets, combining 250 MW solar and 104 MW wind capacity for RPO compliance.

Bihar's NDA government faces fiscal stress implementing ambitious infrastructure and welfare plans. Despite INR 1.8-2 lakh crore asset creation (FY21-25), high central fund dependence and a 7.8% fiscal deficit challenge its promises.

Kerala HC stayed KSERC's new renewable energy rules for a month, ordering a public hearing. The rules, impacting 1.5 GW RTS capacity, reduce net-metering to 3kW and lower export tariffs, potentially increasing user costs by Rs 300-16,000 monthly.

DVC targets self-sufficiency in coal within three years, aiming to generate 50 million tonnes annually from captive mines. This move will end its dependence on Coal India, significantly increasing its current 24 million tonnes per annum requirement.

The Korea Trade Commission (KTC) has increased anti-dumping duties on Polyethylene Terephthalate (PET) film imported from two major Chinese producers and their affiliates, effective 20 November 2025. Duties on imports from Kanghui New Material Technology Co. have been raised from 2.2% to 7.31%, while the duty on PET film from Tianjin Wanhua Co. has surged from 3.84% to 36.98%.

Sinochem Quanzhou Petrochemical has successfully restarted its 400,000 TPA High Density Polyethylene (HDPE) unit in Quanzhou, China, following maintenance. The facility is now back in operation.