India Aims for 5 Mmtpa Green Hydrogen Production

Adani Enterprises' Massive Investment

Adani Enterprises, led by billionaire Gautam Adani, is set to invest ?80,000 crore in the current fiscal year. A significant portion of this investment, approximately ?50,000 crore, will be allocated to Adani New Industries Ltd (ANIL) and airport projects. ANIL is focused on producing solar modules and green hydrogen, aiming to manufacture 10 gigawatts of solar modules and 3 gigawatts of wind turbines.

The investment plan includes ?12,000 crore for road development, particularly for the Ganga Expressway, ?10,000 crore for a new PVC project, and ?5,000 crore for data centres. This subst..

EVs and Green Hydrogen for India's Net Zero

Experts predict that electric vehicles (EVs) and green hydrogen will play pivotal roles in India's journey towards achieving its net-zero emissions target by 2070. Embracing these sustainable technologies is seen as essential for India to address climate change and reduce its carbon footprint significantly.

The shift towards EVs and green hydrogen is expected to revolutionise India's transportation and energy sectors, promoting cleaner and more sustainable alternatives to traditional fossil fuels. EVs offer a clean mobility solution, reducing air pollution and dependence on fossil fuel..

EVs and green hydrogen to drive India's net-zero goal by 2070

Eminent scientists and thought leaders have asserted that the acceleration in the adoption of electric vehicles (EVs), the National Hydrogen Mission, and similar endeavours would drive India's progress towards achieving a net-zero target by 2070.

During an event organized by the Technology Development Board (TDB), under the Department of Science and Technology (DST), it was highlighted by Professor Ajay Kumar Sood, Principal Scientific Advisor to the government, that the promotion of EVs through initiatives like the National Electric Mobility Mission Plan (NEMMP) and Faster Adoption an..

Jindal Steel & Power's Q4 Profit After Tax Doubles to Rs 9.33 Bn

Jindal Steel & Power Limited (JSPL) has reported a remarkable achievement in its financial performance for the fourth quarter, with its profit after tax (PAT) doubling to Rs 9.33 billion. This significant growth underscores the company's robust operational performance and strategic initiatives, reflecting its resilience and adaptability in the competitive steel and power sectors.

The doubled PAT for the fourth quarter is a testament to JSPL's effective management strategies and operational efficiency. It signifies the successful execution of the company's growth plans and its ability to..

India's Peak Power Demand to Surge

India is bracing for a substantial increase in peak power demand this May, with the Power Ministry forecasting a daytime peak of 235 GW and an evening peak of 225 GW. This surge underscores the country's escalating energy needs amid rising temperatures and economic activities.

The anticipated peak demand is significantly higher than previous records, reflecting the growing consumption patterns driven by urbanisation, industrial activities, and increased usage of air conditioning. The Ministry's projections are based on data from the Central Electricity Authority (CEA), which monitors a..