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Sugs Lloyd Hits 5% Upper Circuit on Securing ₹56.57 Cr Bihar Rooftop Solar Order

Sugs Lloyd Hits 5% Upper Circuit on Securing ₹56.57 Cr Bihar Rooftop Solar Order

Sugs Lloyd secured a ₹56.57 Cr order from NBPDCL for 16 MW rooftop solar projects under PM Surya Ghar Yojana, with a 10-year contract. This significant win boosted shares by 5%.
Will this coal bet pay off?

Will this coal bet pay off?

India's $5 billion coal gasification bet, allocating 100 million tonnes and offering ₹46,000 crore incentives, aims to reduce import dependence and attract ₹4 trillion investments despite high costs and environmental concerns.
Cyprus

Cyprus

The WEF warns El Nino (80% likelihood by mid-2026) poses a systemic shock to global markets. It threatens commodity supply chains, especially Asian coal (India's demand 270.73 GW) and agriculture, causing freight rate volatility and trade shifts.
US-Iran deal offers relief to Korean economy, but lower energy prices may take time

US-Iran deal offers relief to Korean economy, but lower energy prices may take time

A US-Iran peace deal and Strait of Hormuz reopening ease Korea's economic risks. Oil prices fell to $87 (Brent) and $84 (WTI), benefiting refiners. However, lower energy prices and supply normalization may take weeks, with the 1,500 won/dollar rate offsetting gains.
Parliamentary panels to discuss West Asia developments, coal block allocation process

Parliamentary panels to discuss West Asia developments, coal block allocation process

Two parliamentary panels will discuss West Asia's impact on road infrastructure and coal block allocation. Separately, the Energy Committee noted India's fast progress in renewable energy targets and commitment to non-fossil fuel expansion.
Nepal to export 40MW power to Bangladesh

Nepal to export 40MW power to Bangladesh

Nepal begins exporting 40MW power to Bangladesh via India until November 15, a key energy trade milestone. An additional 20MW export is currently stalled due to India's transmission capacity constraints, despite Nepal's 400MW potential.
TGSPDCL gets monsoon ready to provide hassle-free power supply

TGSPDCL gets monsoon ready to provide hassle-free power supply

TGSPDCL is monsoon-ready, strengthening power distribution with 208 pole pruners, 59 chain saws, 189 ERT vehicles, and 213 FOC teams. They're restoring poles, trimming trees, and ensuring hassle-free supply.
Daily News Update From Sarkaritel: June 15, 2026

Daily News Update From Sarkaritel: June 15, 2026

NLC India's Ghatampur plant fully operational (8405 MW). RECPDCL hands over ₹912-cr Jalna project. NTPC Green adds 50 MW solar. India's wind capacity hits 56 GW. Ethanol fuel regulations approved, HPCL declares ₹19.25 dividend. Delhi power bills to rise.
SNEC 2026 signals shift in global solar industry as storage, AI demand and perovskite technology take centre stage

SNEC 2026 signals shift in global solar industry as storage, AI demand and perovskite technology take centre stage

SNEC 2026 revealed a global solar shift to integrated solutions, storage, and AI-driven demand (85-100 GW by 2030). Perovskite technology and value creation are key, despite oversupply and India's 35-40 GWac outlook.
BJP leader urges fire safety vigilance after Kalkaji blaze

BJP leader urges fire safety vigilance after Kalkaji blaze

Delhi BJP chief Harsh Malhotra urged fire safety vigilance after a Kalkaji blaze, where a 75-year-old woman was rescued. He expressed concern over rising incidents, stressing regular inspections and appliance servicing amid increased electricity use.

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