India's Biogas Sector Gains Momentum: Driving Clean Energy Goals and Economic Growth
India has inaugurated the ambitious SATAT scheme, aimed at fostering indigenous production of compressed biogas (Bio CNG) from biodegradable waste. However, the scheme's full realization is yet to be achieved. India generates approximately 62 million metric tonnes of municipal solid waste (MSW) annually, alongside a surplus availability of around 230 million metric tonnes of agricultural biomass.

Green Hydrogen, green ammonia to bring USD 125 bn investment in India: Avendus Capital
Green Hydrogen (GH2) and green ammonia are future fuels of the world. According to a report by Avendus Capital, Green Hydrogen and green ammonia will bring in investments of USD 125 billion (about INR 10.43 lakh crore) in India by 2023.

The silver lining in slowing domestic demand for steel: higher exports
New Delhi : India’s steel exports are likely to maintain their upward trajectory through the ongoing first fiscal quarter as the election season has softened domestic demand for the alloy.

Vedanta Q4 output: Aluminium production up 4%, iron-ore sees double-digit jump
Mining major, Vedanta reported a 4% jump in its total aluminum production for the fourth quarter of FY24 i to 598,000 tonnes from  574,000 tonnes produced in the same quarter last fiscal. The company highlighted an 18 per cent increase in alumina production at its Lanjigarh refinery unit in Odisha, reaching 448,000 tonnes as a result of improved operational performance.

Aluminium futures break out, buy on a dip
Aluminium futures on the Multi Commodity Exchange (MCX) began its latest leg of rally in early March, after finding support at ₹200. The contract gained enough momentum and consequently, it broke out of the resistance at ₹210 this week. It closed at ₹218.75 on Wednesday.

Gold climbs Rs 10, silver jumps Rs 100; precious metal trading at Rs 82,100
The price of 22-carat gold also jumped Rs 10 with the yellow metal selling at Rs 64,610.
 

Bharat Charge Alliance to set up over 5,000 interoperable public charging stations by end-FY2026
The Bharat Charge Alliance (BCA), an industry led initiative focussing on creating a standardised, accessible, and reliable charging infrastructure for Light EVs in the country. By promoting interoperability, the Alliance aims to ensure that EV owners can seamlessly charge their vehicles across a network of stations, regardless of the vehicle’s make or model.

"Forcing Russia to sell oil at bigger discounts to India": US treasury official hails price cap policy on Russian oil
New Delhi: Assistant Secretary for Economic Policy of the United States Department of Treasury, Eric Van Nostrand on Thursday hailed its country's decision to implement price cap on Russian oil after the latter invaded its neighbouring Ukraine and said that the decision made Russia sell oil at discounted rates to other countries, including India.

Install EV charging stns in one week: CREST
In a bid to push mandated installation of electric vehicle (EV) charging stations in petrol pump stations, the Chandigarh Renewable Energy and Science and Technology Promotion Society (CREST) has issued notices asking them to install charging facilities within a week or face legal action.

Vedanta commences mining in Goa's Bicholim block
Vedanta on Thursday said it has commenced mining operations at Bicholim mineral block in Goa. The mining in Goa came to a grinding halt in March 2018 after Supreme Court quashed 88 mining leases.

Govt pulls all stops to ensure uninterrupted power supply this summer, says R K Singh
New Delhi: The government has asked all power plants to operate at full capacity as it pulls all the stops to meet peak electricity demand in the searing summer season, Power Minister R K Singh said on Thursday.

India to launch solar module databank as imports rise
The government will launch an online “repository” of made-in-India solar modules amid rising Chinese imports. All indigenously manufactured modules will have a unique identification number with which they would be registered on the platform, secretary in the union ministry of new and renewable energy Bhupinder Singh Bhalla said. 

SECI seeks bids for offshore wind power projects
State-run Solar Energy Corporation of India (SECI) has floated a request for selection (RfS) for the survey and development of offshore wind energy capacities. The last date for submitting bids is May 6, 2024 and they will be opened the next day.

The energy firm in sights of a global consortium
New Delhi: A consortium comprising the World Bank’s International Finance Corp (IFC), Asian Development Bank (ADB), and Beijing-headquartered Asian Infrastructure Investment Bank (AIIB) is looking to invest around $250 million in renewable energy firm Fourth Partner Energy Pvt. Ltd, two people aware of the development said.