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HPCL Ventures into Solar Power Generation
Hindustan Petroleum Corporation Limited (HPCL), a prominent player in the Indian energy sector, is making significant strides towards renewable energy by venturing into solar power generation. The latest development involves HPCL's ambitious Engineering, Procurement, and Construction (EPC) project aimed at establishing a 300 MW solar power plant.
This venture marks a pivotal moment for HPCL as it diversifies its energy portfolio to include clean and sustainable sources. The decision to invest in solar power aligns with global efforts to mitigate climate change and reduce reliance on fo..
East Central Railway Empanels Rooftop Solar
East Central Railway (ECR) has taken a significant step towards embracing renewable energy by announcing the empanelment of vendors for installing rooftop solar panels across its facilities. This initiative underscores the railway's commitment to sustainability and reducing its carbon footprint. The move aligns with national objectives to promote clean energy and reduce dependence on fossil fuels.
Rooftop solar panels offer a sustainable solution to power generation, harnessing the abundant sunlight available in the region. By leveraging solar energy, ECR aims to not only reduce its el..
2023 Solar Module Market Analysis Revealed
The solar energy market is ever-evolving, and the year 2023 witnessed significant trends and developments in solar module technologies. Mercom India, a leading research and consultancy firm in the renewable energy sector, recently released its comprehensive analysis of the 2023 solar module market. This insightful report sheds light on key players, market dynamics, and emerging trends shaping the solar module landscape.
In 2023, Solar Waaree and Trina emerged as prominent players in the solar module market, showcasing impressive growth and innovation. Mercom India's report delves into ..
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..
