Search result for 'capacity additions'

NLC India Wins Coal Mine in Odisha | Energy Security Boost

July 15, 2024 18:03

NLC India has secured the Machhakata (revised) coal mine in Odisha, boosting the country's energy security. The mine holds 1.38 billion tonnes of reserves.

CtrlS Datacenters Plans Rs 28,000 Crore Capex by 2029

June 27, 2024 19:05

CtrlS Datacenters, Asia's largest Rated-4 data centre company, plans to invest Rs 24,000-28,000 crore by 2029 to expand capacity by 600-700 MW of IT load across 15 data centres in eight cities,...

India Needs 1.7-3.6 GW Data Center Capacity by 2028: Report

June 26, 2024 16:12

India's data center capacity needs to grow by 1.7-3.6 GW by 2028 to meet rising demand, according to Cushman & Wakefield. This is driven by increasing data consumption, digital adoption, and AI.

NTPC to Raise Rs 12,000 Cr via Bonds: Board Meeting on June 29

June 25, 2024 20:01

NTPC's board will meet on June 29 to consider raising Rs 12,000 crore through bond issuance. The company plans to use the funds for capital expenditure projects, including renewable energy...

Adani to Invest Rs 2 Lakh Cr in Renewable Energy by 2030

June 25, 2024 16:40

Adani Group plans to invest Rs 2 lakh crore by 2030 to build 40 GW of renewable energy capacity, aiming for net zero emissions across businesses by 2050. The conglomerate targets 50 GW capacity by...

Ambuja Cements Wins 24 Limestone Mines, Expands Capacity

June 24, 2024 17:30

Ambuja Cements, part of the Adani Group, has secured 24 limestone mines with 587 million tonnes of reserves, fueling its ambitious expansion plans to reach 140 MTPA by 2028.

Thermal Plant Load Factor to Remain Healthy at 70% in FY'25: ICRA

June 20, 2024 17:45

ICRA expects thermal plant load factor to remain at 70% in FY'25, driven by power demand growth of 6%. The rating agency also projects a rise in generation capacity addition.

Pralhad Joshi: New India Renewable Energy Minister

June 10, 2024 20:25

Pralhad Joshi, a veteran BJP leader, takes charge as India's New & Renewable Energy Minister, tasked with achieving ambitious renewable energy targets and promoting the National Green Hydrogen...

Rooftop Solar Installations Fall 26% in Q1 2024: Report

May 30, 2024 15:30

India's rooftop solar capacity installations declined 26% year-on-year to 367 MW in Q1 2024, primarily due to rising input costs and delays in processing applications. Learn more about the impact...

Adani Green Energy Rating Upgraded by Ind-Ra

May 30, 2024 14:51

India Ratings and Research (Ind-Ra) has upgraded Adani Green Energy's rating to 'IND AA-' with stable outlook, citing strong operational performance, execution scale-up, and healthy counterparty...

Vodafone Idea Plans 5G Rollout in 6 Months, Rs 55,000 Cr Investment

May 17, 2024 21:16

Vodafone Idea to launch 5G in 6 months, investing Rs 55,000 crore over 3 years. Focus on expanding 4G coverage to retain subscribers.

Container Volume to Grow 8% to 342 Million Tonnes in FY25: Report

May 16, 2024 18:52

Container volume in India is expected to grow 8% to 342 million tonnes in FY25, driven by capacity additions and the dedicated freight corridor. Coal cargo is also expected to grow.

India's Data Center Capacity Reaches 950MW, Surpasses APAC: CBRE

May 15, 2024 19:56

India's operational data center capacity has reached 950 MW, surpassing countries like Australia, Hong Kong, Japan, Singapore, and Korea, according to CBRE. India is expected to record the highest...

Thermal PLFs to Remain Healthy Amid Power Demand: Report

May 15, 2024 16:18

India Ratings and Research forecasts a healthy outlook for the power sector, with thermal PLFs expected to remain strong due to demand-supply mismatch in FY25. Read more.

Siemens Qtr Profit Up 74% at Rs 896 Cr - Demerger & Expansion

May 14, 2024 17:48

Siemens India reports 74% rise in March quarter profit, driven by higher revenues. The company also announces demerger of its energy business and expansion of two factories.

BPCL to Invest Rs 1.7 Lakh Cr in Energy Transition

May 10, 2024 15:41

Bharat Petroleum Corporation Ltd (BPCL) plans to invest Rs 1.7 lakh crore in its core business and clean energy, including hydrogen, over the next five years.

JSW Energy Profit Up 29% to Rs 351 Cr in Q4, Declares Dividend

May 7, 2024 18:29

JSW Energy's net profit rose 29% to Rs 351 crore in the March quarter, driven by higher revenue. The company declared a dividend of Rs 2 per share.

Birla Corp Q4FY'24 Net Profit Surges 127% to Rs 193cr

May 4, 2024 19:36

Birla Corporation's net profit jumped 127% to Rs 193 crore in Q4FY'24, driven by lower costs despite weak cement prices. Revenue grew 6.8% to Rs 2,682 crore. The company plans to expand capacity.

Adani Green Energy Q4 Profit Down 39% to Rs 310 Cr

May 3, 2024 16:05

Adani Green Energy's net profit declined by 39% in Q4 FY24 to Rs 310 crore due to higher expenses. The company's revenue also fell but its operational capacity grew by 35%.

India's Fossil Fuel Capacity Rises 2.44% in FY24

May 3, 2024 15:18

India's fossil fuel-based power generation capacity increased by 2.44% in FY24, while non-fossil fuel capacity rose by 11%.

Energy Storage Key to Boosting Renewable Energy in India: Icra

May 2, 2024 15:19

Icra highlights the importance of energy storage systems for increasing India's renewable energy share, citing rising RE capacity and the need to address intermittency. Battery energy storage...

Divi's Lab to Invest Rs 700 Cr for Production Expansion

April 25, 2024 14:57

Divi's Laboratories plans to invest up to Rs 700 crore to expand production capacity, fueled by a new long-term supply agreement. The facility is expected to be operational by January 2027.

Maruti Suzuki Expands Manesar Plant Capacity by 1 Lakh Units

April 9, 2024 12:26

Maruti Suzuki India has increased its Manesar plant capacity by 1 lakh units per year, reaching a total of 9 lakh vehicles per annum. This expansion aims to meet growing demand and support the...

NTPC Targets 5GW Capacity Addition in FY'25

April 8, 2024 14:55

NTPC aims to add 5 GW of power generation capacity in FY 2024-25, including 3 GW of renewable energy. The company is committed to providing clean and affordable energy solutions.

Adani to Invest Rs 2.3 Lakh Cr in Renewable Energy

April 7, 2024 14:31

Adani Group plans to invest Rs 2.3 lakh crore by 2030 in renewable energy, expanding its solar and wind capacity to 30 GW at Khavda, Gujarat.

India's Power Supply: Govt Ensures Uninterrupted Power this Summer

April 4, 2024 16:27

India's Power Minister R K Singh assures uninterrupted power supply this summer. Govt mobilizes all resources to meet peak demand and avoid load shedding.

India Prepares for Summer Power Surge: Govt Directs Advance Planning

April 2, 2024 22:06

India's power ministry directs thermal plants to plan early and avoid maintenance during summer to meet expected high demand due to extreme heat.

Rooftop Solar Growth in India: 1.7 GW Added in 2023

March 3, 2024 14:09

Rooftop solar installations in India grew 6.25% to 1.7 GW in 2023, driven by falling costs and incentives. Mercom Capital reports on the growth in residential and commercial sectors.

PM MITRA Parks: Boosting Textile Industry & FDI

March 3, 2024 11:13

PM MITRA parks aim to attract large investments, including FDI, in the textile sector, generating employment and bolstering the Indian textile market. Learn about the scheme's impact and benefits.

India's Renewable Energy Capacity to Hit 170 GW by 2025: ICRA

February 23, 2024 17:23

ICRA forecasts India's renewable energy capacity to reach 170 GW by March 2025, driven by strong growth and government initiatives. Read more about the forecast and its implications.

Solar Installations Drop 44% in 2023: Report

February 22, 2024 15:56

India's solar installations fell 44% in 2023, reaching 7.5 GW, due to land acquisition issues, according to Mercom Capital. Large-scale solar projects were most impacted, falling 51%...

Solar Installations Drop 44% in 2023: Report

February 22, 2024 15:15

India's solar installations fell by 44% in 2023, reaching 7.5 GW, due to land acquisition and transmission issues, according to a Mercom Capital report.

IHCL Opens 7th Hotel in Ahmedabad, SgurrEnergy Hits 100GW Milestone

February 19, 2024 17:21

Indian Hotels Company (IHCL) launches its 7th hotel in Ahmedabad, while SgurrEnergy reaches 100GW of green project consultancy, with India contributing significantly.

USD 2 Trillion Needed to Triple Renewables by 2030

February 13, 2024 15:18

A new report calls for USD 12 trillion investment by 2030 to triple global renewable energy capacity, driven by Asia, particularly China and India, with OECD countries lagging behind.

Torrent Power Q3 Profit Down 46% to Rs 374 Cr

February 8, 2024 19:42

Torrent Power's net profit fell 46% to Rs 374 crore in the December quarter, mainly due to lower revenues. The company's revenue from operations stood at Rs 6,366 crore in Q3 FY2023-24.

India's Power Generation Capacity: 156 GW Under Construction

February 6, 2024 21:00

India plans to add 469 GW of power generation capacity by 2031-2032, with 156 GW currently under construction, including renewables, thermal, hydro, and nuclear energy.

Adani Green Energy Q3 Profit Soars 148% to Rs 256 Crore

January 29, 2024 14:05

Adani Green Energy reported a 148% jump in Q3 net profit to Rs 256 crore, driven by higher revenues. The company's operational capacity grew to 8,478 MW, and energy sales increased by 59%.

ACC Profit Soars 4-Fold to Rs 537.67 cr in Q3 FY24 | Revenue Up 8.3% - News18

January 25, 2024 15:44

ACC Ltd reported a 4-fold jump in net profit to Rs 537.67 crore in Q3 FY24, driven by enhanced production efficiency and lower fuel costs. Revenue rose 8.3% to Rs 4,914 crore.

Thermal Power Capacity to Rise to 69% in FY25: ICRA

January 25, 2024 15:12

ICRA forecasts a rise in thermal power plant capacity utilisation to 69% in FY25, driven by strong electricity demand and limited new capacity additions.

CEAT Net Profit Surges 5x in Q3, Revenue Rises

January 24, 2024 20:10

CEAT Ltd reports a 5-fold jump in net profit to Rs 181.28 crore in Q3, driven by robust sales and cost reduction. Revenue also grew YoY.

JSW Energy Q3 Profit Jumps 28% to Rs 231 Cr | Business News

January 23, 2024 18:44

JSW Energy's consolidated net profit surged 28% to Rs 231 crore in Q3 FY24 driven by higher revenues and strong thermal performance. Read more about the company's financial performance.

Cement Industry Capacity to Increase by 150-160 Million Tonnes by FY28: Report

January 23, 2024 15:05

India's cement industry is set to add 150-160 million tonnes of capacity by FY28, driven by rising demand from infrastructure and housing sectors. Read more about the industry's growth projections...

India GDP Growth Forecast: Deloitte Predicts 6.9-7.2% in FY24

January 12, 2024 17:39

Deloitte India forecasts India's GDP growth to be between 6.9-7.2% in FY24, driven by improving economic fundamentals. The report highlights positive factors like low inflation and a strong current...

Green Hydrogen: Key to India's Net-Zero Energy Transition

January 10, 2024 20:20

WEF report highlights the potential of green hydrogen in India's energy transition, emphasizing its role in reducing emissions and meeting energy demands.

Green Hydrogen: Key to India's Net Zero Energy Transition - WEF Report

January 10, 2024 18:25

A new WEF report highlights green hydrogen's potential to power India's energy transition towards net zero by 2070, addressing growing energy needs and reducing emissions.

Office Space Demand Up 10% in Top 7 Cities: JLL

December 29, 2023 17:20

Office space demand in India's top 7 cities rose 10% in 2023, driven by strong leasing activity. JLL India reports a record 42 million square feet of net absorption.

Indian Steel Demand Boom To Continue In FY24: Crisil

December 29, 2023 16:36

Indian steel demand is expected to continue its surge in FY24 but moderate in FY25, according to Crisil. Infrastructure sector growth and government schemes are key drivers, while import concerns...

Indian Poultry Industry Revenue to Grow 8-10% in FY24: Report

December 26, 2023 19:52

India's poultry industry is projected to see an 8-10% revenue growth in FY24, driven by volume expansion and improved realisations, according to a report by Icra. The report also highlights factors...

India's Renewable Energy Investments to Surge 83% in 2024

December 26, 2023 11:54

India's renewable energy investments are set to soar by 83% to USD 16.5 billion in 2024, driven by ambitious targets and a shift towards clean energy. Learn more about India's green hydrogen push,...

PLI 2.0 for Steel: Govt Plans, Import Concerns & Industry Outlook

December 26, 2023 11:19

India's steel sector is set for growth in 2024 with PLI 2.0, but concerns remain over imports & raw material costs. Experts predict strong demand, but industry players urge govt action.

India Focuses on Coal-fired Power for 24x7 Electricity in 2024

December 25, 2023 12:49

India plans to increase coal-fired power generation capacity alongside renewables to ensure 24x7 electricity supply in 2024, amid economic growth and energy security concerns. This move aims to...

Fitch: Improved Profitability to Boost Indian Corporate Ratings

December 22, 2023 21:11

Fitch Ratings forecasts a 290 bps surge in Indian corporate profit margins in FY25, driven by lower raw material costs and rising demand. This is expected to lead to rating upgrades for many...

India to Add 88 GW Thermal Capacity: Power Minister

December 22, 2023 20:30

India plans to install 88 GW of additional thermal power capacity to meet rising demand, reaching 350,670 MW by 2030-31. The government is taking steps to address the increased need for electricity.

India's Peak Power Demand to Hit 3.5 Lakh MW by 2030-31: R K Singh

December 22, 2023 17:03

India's peak electricity demand is projected to reach 3,50,670 MW by 2030-31, according to Union Power Minister R K Singh. The government is taking steps to meet this growing demand.

Shipping Companies Revenue to Decline 5-7% in FY25: CRISIL

December 21, 2023 15:21

Domestic shipping companies are expected to see a revenue decline of 5-7% in the next fiscal year due to normalization of charter rates, according to CRISIL. The agency forecasts average operating...

Indian Airlines Losses to Prune to Rs 3,000-5,000 cr in FY24: ICRA

December 19, 2023 15:11

Indian airlines are expected to see their net losses shrink to Rs 3,000-5,000 crore in FY24 from an estimated Rs 17,000-17,500 crore in FY23, according to ICRA. The rating agency expects domestic...

US-India Energy Storage Task Force Begins Operations

December 11, 2023 18:08

The US-India Energy Storage Task Force, a public-private initiative, commenced operations to boost storage technologies in the US and India. The task force aims to facilitate dialogue and...

Copper Demand to Grow 11% in FY24: ICRA

December 11, 2023 16:19

ICRA forecasts 11% growth in India's refined copper demand in FY24, driven by infrastructure development and green energy transition.

Open Access Solar Capacity Rises 21% to 907 MW: Report

December 11, 2023 14:15

India's open access solar capacity grew by 21% to 907 MW in the September quarter, driven by lower project costs and increased demand for green energy. Read more.

India Economy to Grow 7.5-8% in FY24, 8% in FY25: Ficci

December 11, 2023 13:55

Ficci President Anish Shah expects India's economy to grow at 7.5-8% in FY24 and 8% in FY25, driven by strong momentum, positive sentiment and rising investments. However, geopolitical pressures...

India's Renewable Energy Capacity to Hit 170 GW by 2025: Icra

December 7, 2023 14:45

India's renewable energy capacity is set to reach 170 GW by March 2025, driven by declining solar module prices and strong government support. Icra analyst predicts continued growth in the...

Rooftop Solar Installations Surge 34.7% in India: Mercom

December 3, 2023 12:32

Rooftop solar installations in India jumped 34.7% to 431 MW in July-September 2023, driven by falling module prices, according to Mercom India. The country's cumulative rooftop solar capacity...

Siemens Net Profit Jumps 36% in Q3, Revenue Up 25%

November 28, 2023 19:24

Siemens Ltd reported a 36% rise in net profit to Rs 534 crore in the September quarter, driven by higher revenues. Revenue grew by 25% to Rs 5,297 crore. The company also announced a dividend of Rs...

India Solar Installations Fall 47% in 2023: Report

November 27, 2023 13:00

India's solar installations dropped 47% to 5.6 GW during January-September 2023, driven by project delays and module price falls, says Mercom India.

Tata Power Outlook Upgraded to Positive by Crisil Ratings

November 22, 2023 13:56

Crisil Ratings has upgraded Tata Power's outlook to 'positive' due to expected improvement in operating profitability. The ratings agency cites factors like better Mundra plant performance and...

HPCL to Stop Buying Diesel from Other Companies by 2024

November 8, 2023 17:02

Hindustan Petroleum Corporation Ltd (HPCL) will end diesel purchases from Reliance, Nayara Energy next year, relying on expanded refineries in Andhra Pradesh and Rajasthan. Learn more.

Adani Green Energy Aims for 11 GW Operational RE Capacity by FY24

November 8, 2023 11:52

Adani Green Energy targets 11 GW operational renewable energy capacity in FY24 with a planned capex of Rs 14,000 crore, aiming for 45 GW by 2030.

Thermal Power Crucial Till 24/7 Renewable Energy: R K Singh

November 6, 2023 20:05

Union Power Minister R K Singh emphasizes the continued role of thermal power until round-the-clock renewable energy is available, citing rising power demand and the intermittent nature of...

NTPC Group Reaches 73,874 MW Installed Capacity with Wind Energy Addition

November 4, 2023 20:55

NTPC's installed capacity reaches 73,874 MW after its subsidiary, NTPC Renewable Energy Ltd, commenced operations of a 50 MW wind energy project in Gujarat.

Sterlite Power Demerges Transmission Infra Business

November 3, 2023 16:32

Sterlite Power Transmission to demerge its electricity transmission infrastructure business in India and Brazil, creating 'pure play' business verticals. The move aims to unlock value and attract...

Navi Mumbai Airport ILS Signal Testing Begins

The Airports Authority of India (AAI) has begun ILS signal testing at the...

Air India VRS for Non-Flying Staff Ahead of...

Air India has announced a voluntary retirement scheme (VRS) and voluntary separation...

Boon Raises USD 5 Million Funding Led by Roca...

Water technology startup Boon secures USD 5 million in funding led by Spanish Roca...

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Search result for 'capacity additions'

NLC India Wins Coal Mine in Odisha | Energy Security Boost

CtrlS Datacenters Plans Rs 28,000 Crore Capex by 2029

India Needs 1.7-3.6 GW Data Center Capacity by 2028: Report

NTPC to Raise Rs 12,000 Cr via Bonds: Board Meeting on June 29

Adani to Invest Rs 2 Lakh Cr in Renewable Energy by 2030

Ambuja Cements Wins 24 Limestone Mines, Expands Capacity

Thermal Plant Load Factor to Remain Healthy at 70% in FY'25: ICRA

Pralhad Joshi: New India Renewable Energy Minister

Rooftop Solar Installations Fall 26% in Q1 2024: Report

Adani Green Energy Rating Upgraded by Ind-Ra

Vodafone Idea Plans 5G Rollout in 6 Months, Rs 55,000 Cr Investment

Container Volume to Grow 8% to 342 Million Tonnes in FY25: Report

India's Data Center Capacity Reaches 950MW, Surpasses APAC: CBRE

Thermal PLFs to Remain Healthy Amid Power Demand: Report

Siemens Qtr Profit Up 74% at Rs 896 Cr - Demerger & Expansion

BPCL to Invest Rs 1.7 Lakh Cr in Energy Transition

JSW Energy Profit Up 29% to Rs 351 Cr in Q4, Declares Dividend

Birla Corp Q4FY'24 Net Profit Surges 127% to Rs 193cr

Adani Green Energy Q4 Profit Down 39% to Rs 310 Cr

India's Fossil Fuel Capacity Rises 2.44% in FY24

Energy Storage Key to Boosting Renewable Energy in India: Icra

Divi's Lab to Invest Rs 700 Cr for Production Expansion

Maruti Suzuki Expands Manesar Plant Capacity by 1 Lakh Units

NTPC Targets 5GW Capacity Addition in FY'25

Adani to Invest Rs 2.3 Lakh Cr in Renewable Energy

India's Power Supply: Govt Ensures Uninterrupted Power this Summer

India Prepares for Summer Power Surge: Govt Directs Advance Planning

Rooftop Solar Growth in India: 1.7 GW Added in 2023

PM MITRA Parks: Boosting Textile Industry & FDI

India's Renewable Energy Capacity to Hit 170 GW by 2025: ICRA

Solar Installations Drop 44% in 2023: Report

Solar Installations Drop 44% in 2023: Report

IHCL Opens 7th Hotel in Ahmedabad, SgurrEnergy Hits 100GW Milestone

USD 2 Trillion Needed to Triple Renewables by 2030

Torrent Power Q3 Profit Down 46% to Rs 374 Cr

India's Power Generation Capacity: 156 GW Under Construction

Adani Green Energy Q3 Profit Soars 148% to Rs 256 Crore

ACC Profit Soars 4-Fold to Rs 537.67 cr in Q3 FY24 | Revenue Up 8.3% - News18

Thermal Power Capacity to Rise to 69% in FY25: ICRA

CEAT Net Profit Surges 5x in Q3, Revenue Rises

JSW Energy Q3 Profit Jumps 28% to Rs 231 Cr | Business News

Cement Industry Capacity to Increase by 150-160 Million Tonnes by FY28: Report

India GDP Growth Forecast: Deloitte Predicts 6.9-7.2% in FY24

Green Hydrogen: Key to India's Net-Zero Energy Transition

Green Hydrogen: Key to India's Net Zero Energy Transition - WEF Report

Office Space Demand Up 10% in Top 7 Cities: JLL

Indian Steel Demand Boom To Continue In FY24: Crisil

Indian Poultry Industry Revenue to Grow 8-10% in FY24: Report

India's Renewable Energy Investments to Surge 83% in 2024

PLI 2.0 for Steel: Govt Plans, Import Concerns & Industry Outlook

India Focuses on Coal-fired Power for 24x7 Electricity in 2024

Fitch: Improved Profitability to Boost Indian Corporate Ratings

India to Add 88 GW Thermal Capacity: Power Minister

India's Peak Power Demand to Hit 3.5 Lakh MW by 2030-31: R K Singh

Shipping Companies Revenue to Decline 5-7% in FY25: CRISIL

Indian Airlines Losses to Prune to Rs 3,000-5,000 cr in FY24: ICRA

US-India Energy Storage Task Force Begins Operations

Copper Demand to Grow 11% in FY24: ICRA

Open Access Solar Capacity Rises 21% to 907 MW: Report

India Economy to Grow 7.5-8% in FY24, 8% in FY25: Ficci

India's Renewable Energy Capacity to Hit 170 GW by 2025: Icra

Rooftop Solar Installations Surge 34.7% in India: Mercom

Siemens Net Profit Jumps 36% in Q3, Revenue Up 25%

India Solar Installations Fall 47% in 2023: Report

Tata Power Outlook Upgraded to Positive by Crisil Ratings

HPCL to Stop Buying Diesel from Other Companies by 2024

Adani Green Energy Aims for 11 GW Operational RE Capacity by FY24

Thermal Power Crucial Till 24/7 Renewable Energy: R K Singh

NTPC Group Reaches 73,874 MW Installed Capacity with Wind Energy Addition

Sterlite Power Demerges Transmission Infra Business

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