Wipro receives multi-year deal from Germany-based energy company
The Bengaluru-headquartered tech services major said it would transform E.ON’s legacy data centre operations to hybrid cloud model by leveraging its BoundaryLess Enterprise framework and Wipro HOLMES, an artificial intelligence and automation platform.
Hindustan Zinc looks to sell wind energy assets
One of the big four audit firms is said to be assisting on the sale.
Capgemini research finds that nearshoring will emerge as a top agenda for companies
The research detailing the impact of COVID-19 crisis on o...
EESL freezes deal with China-backed company
The electrical equipment industry has said Indian firms can manufacture 95% of power equipment but many distribution and transmission contracts are being placed on Chinese companies.
India’s refractory companies look for new sources to reduce dependence on China
Key refractory companies have already held conversations with leading metal and steel makers like Tata Steel, JSW Steel and Steel Authority of India to reduce dependence on China.
Govt keeps close watch on Rs 55,000 cr power sector orders to Chinese companies
Most private and various state power companies are in discussions with Chinese companies for the emission control gear. Power utilities of states like Uttar Pradesh, Punjab, Haryana, Tamil Nadu, Karnataka and Maharashtra have sought global bidders for procurement against the Centre’s public procurement norms, sources said.
Siemens says parent transfers 24% stake in company to energy subsidiary
In India, the gas and power business would continue to be a part of the listed company Siemens.
Renewable energy companies still lack confidence to restart
Project developers said labour shortage is a worry and village panchayats may not allow external labour to enter as there would be a virus risk.
Adani Green Energy wins world's largest solar bid worth $6 billion
Adani Green Energy Ltd (AGEL) has won the first of its kind manufacturing-linked solar agreement from the Solar Energy Corporation of India ...
Adani Green zooms to record high on bagging world’s largest solar bid
The stock has been a consistent performer and has risen 88 per cent for the year to date, smartly outperforming Sensex which has fallen 17 per cent in the same period.
Dow Jones recoups losses as financials, energy gain
The Dow Jones Industrial Average was down 1.73 points, or 0.01 per cent, at 25,444.21.
View: Will Covid-19 curtail our air-conditioning addiction?
We now live in a world which shows that wasn’t true. On our overheating planet air-conditioning is increasingly imperative and inescapable. The International Energy Agency anticipates that by 2050 it will take up 37% of the world’s energy use. Air-conditioning allows countries like Dubai to be urban centres despite desert locations.
Discoms must pay green energy companies
The ministry on Thursday directed the discoms to accept invoices and billing through emails and make payments to renewable energy generators as per their power purchasing agreements (PPAs).
Average power price in real time market 13 paise lower at Rs 2.22 per unit in June
IEX in a statement said RTM has accomplished volume of 515.46 MU ( million units) in June 2020. According to the statement, RTM saw a substantial sell-side liquidity at 1,810 MU - 2.4 times of the buy volumes at 742 MU -and competitive price discovery.
Odisha plans solar power projects to ramp up renewable energy generation
Chief Secretary A K Tripathy, during a high-level meeting on Monday, directed officials to work out a detailed road map with time frames to enhance solar power generation on a commercial basis, they said.
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