News for 'solar energy'

What AAP, BJP, Cong Overlook in Delhi Polls

What AAP, BJP, Cong Overlook in Delhi Polls

Rediff.com5 Feb 2025

Delhi's crime rate against women stood at 144.4 in 2022 -- the highest among all states and Union Territories.

Land acquisition a major hurdle for India's infra, energy sectors

Land acquisition a major hurdle for India's infra, energy sectors

Rediff.com10 May 2018

According to data shared with the Lok Sabha, 19 road projects awarded after May 2014 were facing delays

Reliance spent $13 bn on acquisitions in five years

Reliance spent $13 bn on acquisitions in five years

Rediff.com31 Dec 2024

Billionaire Mukesh Ambani's Reliance Industries Ltd has spent $13 billion on acquisitions in the past five years across new energy, telecom, retail and media business to script a pivot away from core oil and petrochemicals business to clean energy and consumer facing verticals. Last week, Reliance bought oncology platform Karkinos Healthcare for Rs 375 crore, adding another stack to its diagnostic and digital healthcare ecosystem, Morgan Stanley said in a report.

From 96% holding to a sliver: How Gensol promoters made swift exit

From 96% holding to a sliver: How Gensol promoters made swift exit

Rediff.com29 Apr 2025

When Gensol Engineering made its public market debut through a small and medium enterprises (SME) initial public offering (IPO) in September 2019, its promoters held a commanding 96 per cent stake. Now, that figure has shrunk to a "negligible" fraction.

Thoothukudi ahoy! Adani, Vedanta in race for port project

Thoothukudi ahoy! Adani, Vedanta in race for port project

Rediff.com23 Jan 2025

The project is critical as the region expects huge investments in the automotive, renewable energy, and space sectors.

France's Total not to make any fresh investment in Adani

France's Total not to make any fresh investment in Adani

Rediff.com26 Nov 2024

French energy giant TotalEnergies SE on Monday said it will make no new financial contribution as part of its investments in Adani group companies till the Indian firm's founder is cleared of bribery charges. The energy giant said it was not aware of the investigation into the alleged corruption. TotalEnergies is one of the biggest foreign investors in billionaire Gautam Adani's business empire and had previously taken stakes in the group's renewable energy venture Adani Green Energy Ltd (AEGL) and city gas unit Adani Total Gas Ltd (ATGL).

VC, PE funds bet big on traditional sectors

VC, PE funds bet big on traditional sectors

Rediff.com27 Mar 2025

Venture capital (VC) and private equity (PE) funds had, in 2024, taken bets on traditional businesses rather than tech-first domains like consumer tech, software as a service (SaaS) and software. According to data from Bain & Co, Pitchbook, Venture Intelligence, VCC Edge and AVCJ, prominent VC funds like PeakXV saw their share in this traditional space go up sharply from 14 per cent in 2023 to 23 per cent in 2024.

Renewable energy: Investments may cross $15 bn in 2022

Renewable energy: Investments may cross $15 bn in 2022

Rediff.com24 Dec 2021

After witnessing cloudy skies this year, the country's renewable energy sector is expected to boom with a likely investment of over $15 billion in 2022 as the government focuses on electric vehicles, green hydrogen, manufacturing of solar equipment as well as achieving the ambitious 175 GW renewable capacity target. India, which has an installed renewable energy generation capacity of a little over 150 GW, aims to reach 175 GW in 2022. Out of the total mix, 100 GW would be from solar, 60 GW from wind, 10 GW from bio-power and 5 GW from small hydro power projects.

Adani's Rs 65,000-cr solar power dream

Adani's Rs 65,000-cr solar power dream

Rediff.com11 Feb 2015

This would be bigger than group co Adani Power's existing capacity.

Adani Charges Test For US Legal System

Adani Charges Test For US Legal System

Rediff.com25 Nov 2024

US prosecutors' case against Gautam Adani and others may stumble on the extraterritorial application of American law.

At 1st ISA meet, Modi presents 10-point action plan

At 1st ISA meet, Modi presents 10-point action plan

Rediff.com11 Mar 2018

Indian 'Vedas' have since thousands of years considered sun as at soul of the universe and a nourisher of life, the PM said.

India, Sri Lanka sign major defence pact

India, Sri Lanka sign major defence pact

Rediff.com5 Apr 2025

Prime Minister Narendra Modi received a tri-services ceremonial welcome in Colombo, Sri Lanka, marking the first time such an honor has been bestowed upon a foreign leader. The welcome took place at the historic Independence Square, the venue for national day celebrations. Modi's visit comes as Sri Lanka shows signs of recovery from a recent economic crisis, with India playing a significant role in providing assistance. During the visit, both leaders are expected to discuss a range of issues, including defense cooperation, energy, and digital initiatives.

Modi calls for 'One Sun, One World, One Grid'

Modi calls for 'One Sun, One World, One Grid'

Rediff.com2 Nov 2021

Emphasising that everything is created from Sun, Prime Minister Narendra Modi on Tuesday called for 'One Sun, One World, One Grid' to improve the viability of solar power and announced that India's space agency ISRO will soon provide the world a calculator that can measure solar energy potential of any region across the globe. Addressing world leaders at the event 'Accelerating Clean Technology Innovation and Deployment' on the sidelines of the climate summit in Glasgow, Modi said that fossil fuel powered many nations to become wealthy during the industrial revolution, but it made the earth and environment poor.

Mukesh Ambani looks to repeat telecom feat in new energy

Mukesh Ambani looks to repeat telecom feat in new energy

Rediff.com8 Aug 2022

Reliance Industries Ltd, whose offering of rock-bottom tariffs shook up the telecom industry, is looking to repeat the feat in the green energy business, where its billionaire chairman Mukesh Ambani sees promise to outshine all existing growth engines in 5-7 years. Having pledged Rs 6 lakh crore on green energy, Ambani says RIL will scale up investments in this business which will start going live in the next 12 months. "Over the next 12 months our investments across the Green Energy value chain will gradually start going live, scaling up over the next couple of years," Ambani, chairman and managing director of RIL, said in the company's latest annual report.

Reliance Has Filed 3,000 Plus Patents

Reliance Has Filed 3,000 Plus Patents

Rediff.com25 Oct 2024

Reliance has filed patents not only in India but also in the US, Canada, Europe, Estonia, South Korea, and South America. The patents include narrowband Internet of Things, AI large language models, AI DeepLearning, Big Data, devices, and quantum AI in 6G.

Sonia Gandhi linked to Soros-funded group backing Kashmir freedom: BJP

Sonia Gandhi linked to Soros-funded group backing Kashmir freedom: BJP

Rediff.com8 Dec 2024

The Bharatiya Janata Party (BJP) has alleged that former Congress president Sonia Gandhi has links to an organisation financed by the George Soros Foundation, which has reportedly supported the idea of an independent Kashmir. The party claims this connection demonstrates foreign influence in Indian internal affairs. This comes after BJP's claims of US involvement in destabilizing India, which the US has denied. The BJP also accused Congress leader Rahul Gandhi of collaborating with the Soros-funded OCCRP to damage India's economy and reputation. The allegations have drawn criticism from the US embassy and the opposition Congress.

Adani Green scraps $600 mn bond sale after bribery charges

Adani Green scraps $600 mn bond sale after bribery charges

Rediff.com21 Nov 2024

Adani Green Energy Ltd, the renewable energy arm of billionaire Gautam Adani's conglomerate, on Thursday scrapped a Rs 600 million bond issue after its promoter was charged in an alleged bribery case in the US. Hours before the US prosecutors charged Gautam Adani and associates with participating in a scheme to pay over Rs 250 million bribe to Indian officials in exchange for favourable terms for solar power contracts, the firm sold a 20-year green bond in the US-investment-grade market.

Bribery charges are credit negative for Adani group: Moody's

Bribery charges are credit negative for Adani group: Moody's

Rediff.com21 Nov 2024

Moody's Ratings on Thursday said it will look at Adani group's governance practices when assessing the ports-to-energy conglomerate's ability to access capital in the aftermath of indictment of the group head Gautam Adani on bribery charges. "The indictment of Adani Group's chairman and other senior officials on bribery charges is credit negative for the group's companies," Moody's Ratings said in a statement.

Bhubaneswar to get India's first energy-sufficient building

Bhubaneswar to get India's first energy-sufficient building

Rediff.com12 Mar 2014

Spread over three acres, the project will house the new office of the Grid Corporation of Odisha Ltd, under the Odisha government's energy department.

Adani ropes in TotalEnergies for its $50 bn green hydrogen venture

Adani ropes in TotalEnergies for its $50 bn green hydrogen venture

Rediff.com14 Jun 2022

TotalEnergies will acquire 25 per cent shareholding in Adani New Industries Ltd -- the firm that houses Adani Group's new energy business -- for an undisclosed amount, the two firms said in separate statements. "TotalEnergies has entered into an agreement with (Adani Group's flagship) Adani Enterprises Limited (AEL) to acquire a 25 per cent interest in ANIL," the French energy giant said.

Amazing facts about the world's first solar aircraft

Amazing facts about the world's first solar aircraft

Rediff.com16 Mar 2015

The aircraft has to fly through five consecutive days.

Lessons for foreign firms from SoftBank Energy's exit

Lessons for foreign firms from SoftBank Energy's exit

Rediff.com27 May 2021

Energy's exit is a cautionary tale for several foreign investors in India as close to 16 Gw of solar and wind power projects languish without any power purchase agreement, 24 Gw without transmission connectivity and around 2 Gw unilaterally cancelled by project developers.

Will Trump Be Adani's Saviour?

Will Trump Be Adani's Saviour?

Rediff.com26 Nov 2024

'If the criminal or civil charges are deemed unworthy or defective, Trump's new justice department and SEC can withdraw the criminal and civil cases.'

Stock exchanges seek clarification on disclosure violations by Adani Group entities

Stock exchanges seek clarification on disclosure violations by Adani Group entities

Rediff.com22 Nov 2024

Stock exchanges have sought clarification on violation of disclosure norms by Adani Group entities regarding the alleged bribery case in the US and subsequent cancellation of Kenya's airport expansion deal. In its response to the case in the US, Adani Group firms on Thursday had said "there are no allegations made against the company". On clarification with regard to Kenya cancelling airport expansion and energy deals following the US bribery and fraud indictments, the group is yet to respond to the bourses.

Govt enhances PLI scheme for domestic solar cells

Govt enhances PLI scheme for domestic solar cells

Rediff.com1 Feb 2022

Finance Minister Nirmala Sitharaman on Tuesday proposed enhancing the funding under the PLI scheme for domestic solar cells and module manufacturing to Rs 24,000 crore from the existing Rs 4,500 crore to make India an exporting nation. "For facilitating domestic manufacturing for the ambitious goal of 280GW of installed solar capacity by 2030, an additional allocation of Rs 19,500 crore for PLI scheme for manufacturing of high efficiency (solar) modules with priority of fully integrate manufacturing units for polysilicon to solar PV modules will be made," Sitharaman said in her Budget speech in the Lok Sabha. In April 2021, the Union Cabinet approved a Rs 4,500 crore production linked incentive (PLI) scheme to boost domestic manufacturing capacity of solar PV modules.

Reliance back on growth path, multiple catalysts to drive performance

Reliance back on growth path, multiple catalysts to drive performance

Rediff.com19 Jan 2025

Reliance Industries Ltd, India's most valuable company, is back on a growth path after six months of challenges as it posted better than expected earnings in the December quarter, brokerages said.

Tighter norms, rising compliance failures driving scrutiny for startups

Tighter norms, rising compliance failures driving scrutiny for startups

Rediff.com24 Apr 2025

Anmol Singh Jaggi and Puneet Singh Jaggi, once hailed as rising stars in India's clean energy sector, are now facing serious regulatory action.

Solar lighting could create as many as 2 million jobs!

Solar lighting could create as many as 2 million jobs!

Rediff.com20 Jul 2016

Researchers found that fuel-based lighting today provides 150,000 jobs worldwide.

Why this 26 year old cycled from Mumbai to Goa

Why this 26 year old cycled from Mumbai to Goa

Rediff.com10 Feb 2016

Sushil Reddy took a seven day trip to spread awareness on solar power.

He lights up buildings in Kolkata with solar power and sells it too

He lights up buildings in Kolkata with solar power and sells it too

Rediff.com28 Oct 2014

Conservation of energy dominated Ghosh's thoughts ever since he completed his Masters in Energy Science and Technology from Jadavpur University early 2000.

Reliance invests euro 25 mn in German solar firm

Reliance invests euro 25 mn in German solar firm

Rediff.com13 Oct 2021

Billionaire Mukesh Ambani's Reliance Industries has invested euro 25 million in German solar wafer maker NexWafe GmbH to use the firm's technology to set up giga-scale wafer manufacturing facilities in India. "NexWafe GmbH (NexWafe) today announced the induction of Reliance New Energy Solar Limited (RNESL), a wholly-owned subsidiary of Reliance Industries Limited (Reliance) as a strategic lead investor in its euro 39 million ($45 million) Series C financing round with an investment of euro 25 million ($29 million) in phase one," the Indian firm said in a late Tuesday evening statement. The investment by Reliance will accelerate product and technology development for NexWafe, including the completion of the commercial development of NexWafe's solar photovoltaic products on prototype lines in Freiburg.

Winter Session: Opposition presses for debate on Adani

Winter Session: Opposition presses for debate on Adani

Rediff.com24 Nov 2024

The opposition on Sunday asked the Centre to allow discussions in the Parliament on the United States prosecutors' bribery charges against the Adani Group even as Union minister Kiren Rijiju made it clear that the matters to be taken up in the two Houses will be decided by their authorised committees with the consent of the respective Chair.

India, US announce steps to promote clean energy

India, US announce steps to promote clean energy

Rediff.com25 Jan 2015

Prime Minister Narendra Modi said a climate deal between the United States and China does not put pressure on India, but that global warming itself was reason to take action.

How Manmohan Singh safeguarded environment and tribal rights

How Manmohan Singh safeguarded environment and tribal rights

Rediff.com27 Dec 2024

Under his leadership, India launched the National Action Plan on Climate Change, passed the landmark Forest Rights Act to protect the rights of tribal communities and established the National Green Tribunal to safeguard the environment through swift legal action.

5 High-Demand Jobs In 2025

5 High-Demand Jobs In 2025

Rediff.com6 Feb 2025

In 2025, India's tech job market is thriving, with tech professionals seeing a 9.5% salary increase and roles like AI/ML architects earning up to Rs 95 lakh annually.

Sensex, Nifty tumble amid sharp fall in Adani stocks

Sensex, Nifty tumble amid sharp fall in Adani stocks

Rediff.com21 Nov 2024

State Bank of India, NTPC, ITC, Asian Paints, Bajaj Finance and Bajaj Finserv were also among the major laggards. In contrast, Power Grid, UltraTech Cement, HCL Technologies and Axis Bank were among the gainers.

$50-70 bn investment planned across energy chain: Adani

$50-70 bn investment planned across energy chain: Adani

Rediff.com4 Oct 2021

Billionaire Gautam Adani on Monday said his infrastructure conglomerate will invest between $50-70 billion in organic and inorganic growth opportunities across the entire energy value chain over the next decade. Speaking at an industry event, he said the port-to-energy group will invest over $20 billion in renewable energy generation alone. "Over the next decade, we will invest over $20 billion in renewable energy generation.

Adani, nephew not charged with bribes in US: Group

Adani, nephew not charged with bribes in US: Group

Rediff.com27 Nov 2024

Billionaire Gautam Adani and his nephew Sagar Adani have not been charged with any violations of the US Foreign Corrupt Practices Act (FCPA) in the indictment filed by US authorities in a court in a bribery case, the Adani Group said on Wednesday.

Novelis expects improved outlook in near term, Q4FY25 to outperform Q3

Novelis expects improved outlook in near term, Q4FY25 to outperform Q3

Rediff.com25 Feb 2025

Novelis' Q3FY25 volume stood at 904,000 tonnes (down 1 per cent Y-o-Y, down 4 per cent Q-o-Q), due to lower VAP and automotive shipments. Revenue stood at $4.1 billion (+4 per cent Y-o-Y, down 5 per cent Q-o-Q).

Germany offers India $2.25 billion for solar, clean energy

Germany offers India $2.25 billion for solar, clean energy

Rediff.com5 Oct 2015

PM said he admires German leadership in clean energy and commitment to combating climate change.