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Two Essar firms to deposit Rs 82 cr over ArcelorMittal suit
India urges states to consider nuclear power plants, lists utilities
India’s federal power minister urged states distant from coal resources to explore establishing nuclear-based power plants, in addition to identifying power utilities that could attract investment to support the rising energy demand. This year, the Indian government proposed in its federal budget a partnership with private entities to develop small nuclear reactors, aiming to boost electricity generation from sources that do not emit carbon dioxide. In a government statement, the power minister, Manohar Lal, advised states to consider setting up nuclear power plants at locations where coal..
NTPC Green Energy sets price range for $1.2 billion IPO
NTPC Green Energy announced a price range of Rs 102 to 108 per share for its upcoming Rs 100 billion initial public offering (IPO). The renewable energy company’s IPO will open for bids on November 19 and close on November 22, with large "anchor" investors scheduled to bid on November 18. This IPO, a unit of the state-owned NTPC, is set to be the third-largest stock offering in the country this year, following those of Hyundai Motor India and Swiggy. Recent technological advancements have opened up possibilities for small wind turbines to function effectively in urban settings. Ministry of N..
India considers small wind turbines for urban energy access
India’s carbon emissions are projected to increase by 4.6 per cent in 2024, accounting for 8 per cent of global emissions, as reported by the Global Carbon Project in its 2024 Global Carbon Budget. The report shows that global fossil CO2 emissions have reached a record high of 37.4 billion tonnes this year, marking a 0.8% per cent rise from 2023. When combined with emissions from land-use changes, including deforestation, the total CO2 emissions are expected to hit 41.6 billion tonnes, up from 40.6 billion tonnes in 2023. India’s rising emissions reflect an increasing demand for energy, w..
