Bengal cabinet approves proposal to hand over land to 10 companies to set up steel units
 

JSW One Platforms earns unicorn status after raising Rs 340 crore
Bengaluru: B2B ecommerce platform JSW One Platforms on Tuesday announced that it raised Rs 340 crore of fresh capital and the round brings the company's valuation to $1 billion.

India’s safeguard duty slashes steel imports but fails to end net importer status in April
 

GAIL reports 1.3% rise in its consolidated Q4FY25 net profit
State-owned GAIL India Ltd on Tuesday reported a marginal rise of 1.3% in its consolidated net profit for the last quarter of the financial year 2024-25 at Rs 2,505.61 crore from Rs 2,474.31 crore recorded in the same period of FY24. On a sequential basis, however, the net profit fell by 39% from Rs 4,084.24 crore. 

From biofuel pioneer to market casualty: The rise, fall and uncertain future of Praj Industries
In the early 2000’s, long before climate-tech became cocktail party chatter and ESG funds swelled into trillion-dollar forces, a quiet revolution was brewing in Pune. At its center was Pramod Chaudhari — a first-generation entrepreneur with a chemical engineering degree and a conviction that biofuels could be India’s answer to energy security and environmental sustainability.

Delhi govt to set up EV charging station at Rajghat depot
 

Govt plans 360 Kw charging points along highways for heavy-duty EVs
 

Torrent gas looks to float ₹2,500-3,000 crore IPO
 

US may reduce oil production because of sluggish demand and falling crude prices: S&P
 

Tata Power Q4 profit jumps 16.5% to Rs 1,043 crore
Beating the estimates, Tata Power posted a net profit of Rs 1,043 crore in Q4FY25, a 16.5% jump over Rs 895 crore it posted in Q4FY24. Analysts had predicted a net profit of Rs 1,022 crore.

Tata Power looking to spend Rs 25,000 cr as capex in FY26; keen to bid for two discoms in UP: CEO
Tata Power to spend ₹25,000 crore as capex in FY26, two discom bids eyed in UP: CEO Praveer Sinha
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Tata Power’s Q4 net up 25% on all-round growth
 

IREDA files insolvency plea against Gensol Engineering over Rs 510 crore default
The Indian Renewable Energy Development Agency has filed an insolvency plea against Gensol Engineering for defaulting on a Rs 510 crore payment. The development came weeks after SEBI banned the company and its promoters — Anmol Singh Jaggi and Puneet Singh Jaggi — from the securities markets till further orders in a fund diversion and governance lapses case. Meanwhile Gensol said on Wednesday that the Securities Appellate Tribunal had allowed it to file a response to the Sebi interim order.

Avaada in talks with global lenders to raise $1 billion project debt
Renewable energy firm Avaada Group is in talks with global lenders, such as Standard Chartered Bank, Sumitomo Mitsui Banking Corporation (SMBC), BNP Paribas, and Societe Generale (SocGen), to raise project finance debt of over $1 billion (Rs 8,500 crore) to fund its pipeline of projects. 

FY25 thermal power target missed by a wide margin
India added just 4.53 gigawatt (GW) of thermal capacity against its target of 15.4 GW in the financial year 2024-25, as per the data from the Central Electricity Authority’s latest thermal broad status report. Even as the government is targeting incremental thermal capacity owing to rising power demand, majority of thermal power projects are facing a delay in commissioning.

India crucial for innovation, quicker battery storage systems: Fluence exec
Battery storage systems have become the most critical part of renewable energy, and Fluence is betting on India to drive innovation and create a supply chain for its global battery storage solutions business, says Dhanya Rajeswaran, global vice-president and managing director for India, Fluence, an offspring of Siemens and AES. In a video interview with S Dinakar, she talks about the US-based company’s Bengaluru location, the largest, fastest-growing hub worldwide, and the only place where it is called the Global Innovation Center.

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