Understanding the Green Hydrogen landscape in India: Demand from industries, global collaborations are the key
New Delhi: In India, Green Hydrogen is quickly emerging as the strongest response to the decarbonisation challenge as its production and supply can save 830 million tonnes of CO2 emissions annually, compared to hydrogen derived from fossil fuels. But the significance of this clean energy technology extends beyond the immediate environmental impact.

Rajasthan plans to go all out on solar, shun coal, to meet power demand

If this happens, the state will not need to purchase electricity from other states at expensive rates, an official said. 

Flood of cheap Chinese steel into India at an eight-year-high
New Delhi: China’s property market bust has saddled its steelmakers with a glut that they are offloading globally, including India. In FY24, China — banking on the lower priced metal offerings — emerged as the largest seller to Indian traders. Nearly 2.7 million tonnes (mt) of the finsished produce came in, the highest in eight years.

India’s steel imports from China surge 58 per cent in the January-March quarter
 

Study reveals high cost of achieving carbon neutrality in India's aluminium sector
 

Gold price climbs Rs 10 to Rs 72,060, silver rises Rs 100 to Rs 84,100
The price of 22-carat gold also inched up by Rs 10, with the yellow metal selling at Rs 66,060.
 

Zinc futures: Bullish pattern remains valid
Zinc futures (May contract) on the Multi Commodity Exchange (MCX) returned nearly 18 per cent in April. Thus, the uptrend, which began in the second half of February, is valid. The rebound in price off the support band of ₹250-252 last week reinforces the bulls’ hold.

Tin prices may gain this year on supply concerns
Tin prices will likely rule at elevated levels this year on increasing worries over supplies after having come off two-year highs a fortnight ago, say analysts. The metal’s prices increased by 7 per cent in Q1 2024 (quarter-on-quarter) and strengthened further in April, partly reflecting continuing supply constraints in Myanmar and Indonesia, which account for 40 per cent of global production, said the World Bank in its Commodity Outlook.

NCRTC's first EV charging station operational at Sahibabad RRTS
This step is one of the many measures for ensuring last-mile connectivity, the statement stated, adding that it will allow people to charge their four-wheelers in just one hour using the fast charging facility.

Gautam Adani in talks with banks to borrow $600 million for gas unit
Adani's Dhamra LNG in talks with banks to borrow $600 million for gas unit

Coal India's contribution to govt exchequer up 6.4% at Rs 60,140 cr in FY24
Coal India Ltd (CIL), which accounts for over 80 per cent of domestic coal output, paid Rs 56,524.11 crore to the government exchequer in FY23, according to provisional figures of the coal ministry.

‘PPA pricing must be commensurate with the risk developers are taking’
Sterlite Power has secured orders worth Rs 2,500 crore in the fourth quarter of FY24, bringing its total orders for the full fiscal year to over Rs 7,000 crore. In March, the company forged a partnership with Singaporean fund GIC to develop a transmission platform in India. Prathik Agarwal, managing director of the company, talks to Raghavendra Kamath about the company’s strategy and challenges in the sector.

Ensuring successful transition to renewable power
The success of India’s net zero pledge by 2070 rests heavily on India’s successful energy transition in the power sector, as it is responsible for more than 50 per cent of emission.

Grid infra, HVDC transmission major bottlenecks to meet renewable target: Vineet Mittal
India added a record 18 GW renewable energy capacity in FY24 and needs to add 50 GW each year to meet the ambitious target of 500 GW by 2030. In an interview with Aggam Walia, Vineet Mittal, Chairman, Avaada Group, expands on challenges in adding renewable capacity, gives an overview of domestic manufacturing of solar PV modules, and endorses the economic viability of energy storage systems.