Tag: energy transition

Kestra Holdings Expands India Presence with New Bengaluru Capability Centre

US-based wealth management company Kestra Holdings has inaugurated its Global Capability Centre (GCC) in Bengaluru, expanding its presence in India. The new centre will focus on technology, data, analytics and artificial intelligence, supporting the company's global operations. The Bengaluru facility will work alongside teams from Kestra Holdings, Kestra Financial and Bluespring Wealth based in Austin and Phoenix in the US. The centre is expected to...

JSW Outlines ₹50,000 Crore Investment Plans in West Bengal

JSW Group is planning investments of nearly ₹50,000 crore in West Bengal across power, ports, cement, steel and other industrial businesses. Chairman Sajjan Jindal shared the plans after meeting Chief Minister Suvendu Adhikari at Nabanna in Kolkata on Wednesday evening. The proposed investment includes around ₹40,000 crore for the power sector and another ₹10,000 crore across other businesses. The meeting was Jindal's first with Adhikari...
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BlackRock’s GIP Commits ₹3,000 Crore to Aditya Birla Renewables

A major foreign investment in India’s clean‑energy ecosystem is taking shape as Global Infrastructure Partners (GIP), a BlackRock entity, announces up to ₹3,000 crore in Aditya Birla Renewables (ABREN) for...

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...