Tag: energy transition
Sarvam AI Startup Programme Fuels Indic AI Builders
Sarvam AI has introduced the Sarvam Startup Programme, providing early-stage companies with up to 12 months of API credits, priority engineering support and production-ready infrastructure to build multilingual AI applications without backend complexities. Founders Vivek Raghavan and Pratyush Kumar positioned the initiative to empower India’s developer ecosystem with high-quality models fluent in 22+ Indian languages and English, enabling full agency in creating voice agents,...
Oracle Layoffs Fund AI Data Centre Push Amid Cash Squeeze
Oracle is planning thousands of job cuts across divisions as it grapples with a cash crunch from aggressive AI data centre buildout to support major clients including a $300 billion OpenAI agreement, xAI and Meta, as Bloomberg News first reported. The reductions, potentially broader than typical rolling cuts, may begin this month and target roles expected to diminish under AI automation, coinciding with an...
MNRE Reaffirms Commitment to Solar Manufacturing
India’s renewable energy transition continues to accelerate, with the Ministry of New & Renewable Energy (MNRE) reiterating its commitment to expanding domestic solar manufacturing...
KPMG Report Finds 97% of Global Executives See AI Driving Climate Progress
As global leaders gather for COP30 in Brazil, a new KPMG International survey finds overwhelming support for artificial intelligence (AI) as a driver —...
Investors Turn to Fiscal Stimulus Bets Over AI Hype
As global markets continue to ride the artificial intelligence wave, some of the world’s largest asset managers are quietly shifting their attention to government-led...
Reliance NU Suntech to Build Asia’s Largest Solar-BESS
Reliance Power Limited, through its subsidiary Reliance NU Suntech Private Limited, has signed a 25-year Power Purchase Agreement (PPA) with the Solar Energy Corporation...
Power Secretary Calls for Review of Procedural Delays in PSPs
Pankaj Agarwal, Secretary, Ministry of Power, stressed the need for policy dialogues to fast-track the development of pumped storage hydroelectricity projects (PSPs) across India....
Suzlon Secures 1,544 MW with NTPC Green Energy
Suzlon Energy Ltd has announced a major expansion of its partnership with NTPC Green Energy Ltd (NGEL), consolidating its total project capacity with the...
AGEL Wins 1,250 MW Hydro Storage Project in UP
Adani Green Energy Ltd (AGEL) has been awarded a 1,250 MW energy storage contract from the Uttar Pradesh Power Corporation Ltd (UPPCL) for a...
NTPC to Invest $62 Billion in Nuclear Expansion Over Two Decades
India’s state-run power producer NTPC Ltd. is planning an ambitious 30-gigawatt (GW) expansion in nuclear power over the next 20 years, with an estimated...
Chevron Invests $1B in India for AI-Driven Energy Hub
Energy giant Chevron is making a major $1 billion investment to establish its Engineering and Innovation Excellence Center (ENGINE) in Bengaluru. The new facility...
India Must Reform Gas Market for Expansion, Says IEA
The International Energy Agency (IEA) has urged India to implement crucial reforms in its natural gas sector, including freeing up gas pricing and unbundling...
Energy Transition Must Include Fossil Fuels: Puri
Oil Minister Hardeep Singh Puri urged a balanced approach to energy transition, emphasizing that while fossil fuels remain critical in the short term, the...
