Tata Power plans ₹75,000 crore capex to boost renewables biz
The company says it has earmarked ₹14,000 crore of consolidated capex in the financial year 2022-23 with ₹10,000 crore for the renewables business.
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6 deals in 6 months; Reliance New Energy to scale with acquisitions
Reliance is in the process of investing ₹75,000 crore to build 100 GW renewable capacity
Green power monetisation on cards: Tata Power CEO
Tata Power will move entire renewables business into one single platform as part of unlocking value.
India Inc.’s green challenge
For sustainable practices to work, India Inc. needs a green-embedded business strategy, not a compliance-driven one.
This decade will mirror the ’90s: Kenneth Andrade
The veteran of the investment industry argues that this decade will witness an export-led growth. And while IT and pharma would rule the economy, other smaller industries, too, will jostle to rise up.
ReNew Power to merge with U.S. firm for Nasdaq listing
The renewable energy major, after the merger with RMG Acquisition Corp. II, will have an enterprise value of $8 billion. ReNew Power's founder, Sumant Sinha, will head the combined entity.
The high cost of meeting pollution standards
As if low efficiency, competition from renewable players, and fuel supply issues were not challenges enough for coal-based power plants, high pollution norms are likely to accelerate their demise.
Air pollution costs the world 3.3% of its GDP
Mainland China, the U.S., and India bear the highest economic cost from fossil fuel air pollution.
Bridging the two fuels in an economy: energy and finance
Investors remain wary of investing in renewable energy particularly in developing countries, which have large untapped potential for both solar and wind energy.
Why storage is the next big thing for the power sector
Battery storage could be the next frontier for the power sector in India where hardships from power outages are not a distant memory.
