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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.
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.
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.
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.
Renewable energy agencies asked to give preference to clean projects with storage in new bids: Minister Naik

Renewable energy agencies asked to give preference to clean projects with storage in new bids: Minister Naik

RE agencies are directed to prioritize clean projects with storage in new bids, driven by discom preference. RE investment reached Rs 2.68 lakh crores by 2024-25; Rs 30.5 lakh crore needed by FY30 for 500 GW non-fossil capacity.
Acme Solar completes commissioning of 52 MW of 100 MW wind project in Gujarat

Acme Solar completes commissioning of 52 MW of 100 MW wind project in Gujarat

Acme Solar commissioned 52 MW of its 100 MW wind project in Gujarat, including a recent 8 MW addition. Electricity will be sold via a 25-year PPA with Gujarat Urja Vikas Nigam Limited, financed by PFC.
Rajasthan ethanol project on hold, farmers say cancel it in 20 days

Rajasthan ethanol project on hold, farmers say cancel it in 20 days

Farmers' groups demand cancellation of a proposed 1320 KLPD ethanol plant and 40 MW power project in Rajasthan's Hanumangarh. They issued a 20-day ultimatum, citing concerns over contamination and health risks, leading to the project being on hold.

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