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EAC reviews hydro and pumped storage projects worth over Rs 37,500 crore
The Expert Appraisal Committee (EAC) under the Ministry of Environment, Forest and Climate Change (MoEFCC) reviewed several hydroelectric and pumped storage projects in its latest 32nd meeting. The committee examined proposals related to environmental clearance, forest diversion, amendments, and Terms of Reference (ToR). Bhavali Pumped Storage Project (1500 MW), Maharashtra JSW Energy PSP Two Limited…
Bajaj Electricals posts Rs 34 crore loss in Q3 FY26
Bajaj Electricals Limited reported a consolidated net loss of Rs 34 crore for the third quarter ended December 31, 2025, reversing a profit of Rs 33 crore recorded in the same quarter last year. The performance reflected an 18.5% year-on-year decline in revenue and the impact of exceptional charges linked to newly implemented labour codes….
Kakinada named Green Hydrogen Valley at AM Green project launch
Andhra Pradesh Chief Minister N. Chandrababu Naidu on January 17, 2026, declared Kakinada as the Green Hydrogen Valley of India following the groundbreaking ceremony for a Rs 15,600 crore green ammonia project. The event marked the start of construction for what is being described as the world’s largest green ammonia complex. Chief Minister Naidu and…
India seeks $70 million from CIF to bolster energy storage and grid projects
India has drafted a proposal seeking $70 million in financing from the Climate Investment Funds (CIF) to enhance energy storage systems (ESS) and grid projects under the Renewable Energy Integration Investment Plan (REI IP), a joint effort by the Ministry of Finance and the Ministry of New and Renewable Energy (MNRE). Of the requested amount,…
MNRE extends solar park scheme deadline to March 2029
The Ministry of New and Renewable Energy (MNRE) has extended the Solar Park Scheme’s timeline by three years, keeping it active until March 31, 2029. The extension covers the completion of ongoing solar parks and settlement of committed liabilities, without additional financial allocation. New project approvals under the scheme will only be granted until March…
Suzlon targets 100 per cent renewable power for all units by 2030
Suzlon Group has pledged to run all 15 of its manufacturing facilities entirely on renewable energy by 2030. The company has also become the first from India to join the RE100 Initiative, a global program led by Climate Group in partnership with the Carbon Disclosure Project. The initiative is part of Suzlon’s wider decarbonization strategy….
