(FE) Larsen & Toubro (L&T) has made major strides in clean energy, particularly in green hydrogen and small modular reactors (SMRs), chairman and managing director S N Subrahmanyan, said on Tuesday at the company’s 80th annual general meeting. “Electrolyser manufacturing is already in progress, giving the company a first-mover advantage in green hydrogen,” he said. Subrahmanyan called the regulatory approval from the US department of energy for the transfer of SMR technology to India a landmark development. “With L&T figuring among the only three eligible Indian companies for this, this signals the formal start of our SMR journey, empowering us to lead the commercialisation…
Author: Aruna Sharma
(ET) NHPC Ltd, India’s largest hydropower company, has lined up a renewable energy pipeline exceeding 27,000 MW, including 8,193 MW of operational green capacity, 9,843 MW under construction, and another 9,030 MW under survey, its Chairman and Managing Director Raj Kumar Chaudhary said on Wednesday. Speaking at the ET India Net Zero Forum 2025, Chaudhary said, “NHPC has 8,193 MW of green capacity in operation, 9,843 MW under construction, and 9,030 MW in survey, including pumped storage projects across Andhra Pradesh, Maharashtra, Gujarat and more — marking a major push towards net zero.” He said India’s renewable energy capacity target…
(FE) Reliance Infrastructure has partnered French aviation major Dassault Aviation to manufacture Falcon 2000 business jets in India. The company said that its subsidiary company, Reliance Aerostructure, will assemble the jets at the existing manufacturing facility in Nagpur, Maharashtra. This is the first time Falcon 2000 jets will be manufactured outside France. Additionally, Reliance Infrastructure will also assemble the front sections of Falcon 8X and Falcon 6X jets. Dassault Reliance Aviation, the joint venture between the two companies, will also become the Centre of Excellence for the Falcon series. Anil Ambani, Founder Chairman, Reliance Group said, “Our partnership with Dassault Aviation represents a…
This research work is done By: Shruti Bhattacharya (The writer is a fourth year B.A. Global Studies student of Dr. B.R. Ambedkar University, Delhi) Introduction There is something undeniably poetic about a skyline. It is not merely glass, concrete, and steel; it embodies memory and imagination, intertwining the past and future in striking silhouettes. If you have recently observed the changing skyline of Delhi, you might have noticed the subtle yet significant influence of NBCC (India) Limited. As a public sector undertaking under the Ministry of Housing and Urban Affairs, NBCC has transcended its role as a mere government builder;…
(NDTV Profit) Indian steel-makers are expected to see a robust first quarter this fiscal, backed by high domestic steel prices and the continued benefit of safeguard duties. Coking coal prices are expected to remain relatively stable through first quarter of financial year 2026, offering a foundational predictability for raw material costs. While a monsoon-induced weakness is expected in second quarter as construction activity slows, this is not a major concern given the cyclical nature of the industry. A robust upturn is anticipated once the rains subside. Against this backdrop, major Indian steel players like JSW Steel Ltd. and Steel Authority…
(Pioneer) Markets watchdog SEBI’s board is likely to discuss a series of regulatory reforms during its upcoming meeting on Wednesday. Several of these proposals have already been floated for public consultation, indicating a broader push towards refining the regulatory landscape. This would mark the second board meeting under the chairmanship of Tuhin Kanta Pandey, who assumed office on March 1. One of the key agenda items is the simplification of rules and regulatory compliance for Foreign Portfolio Investors (FPIs) investing exclusively in Indian Government Bonds (IGBs) through the Voluntary Retention Route (VRR) and the Fully Accessible Route (FAR). This move…
(Pioneer) India, the world’s third-largest oil-consuming and importing nation, will lead global oil demand growth by a large margin, adding a steep 1 million barrels per day by 2030 on the back of stellar economic expansion, IEA said on Tuesday. The global oil demand is expected to grow by 2.5 million barrels a day by the end of the decade, reaching a plateau near 105.5 million barrels per day (bpd) by 2030, the International Energy Agency (IEA) said in its latest report released Tuesday. Barring any major disruption to the oil market, the world is expected to remain well supplied…
(PIB) Union Minister of Commerce and Industry Shri Piyush Goyal is on a high-level official visit to the United Kingdom from 18th to 19th June 2025. The visit underscores India’s strategic focus on strengthening its economic and trade partnership with the UK, particularly in the backdrop of the announcement by the two Prime Ministers to conclude the India–UK Free Trade Agreement (FTA). At a time of evolving global trade dynamics, Shri Goyal’s visit aims to accelerate bilateral engagements, harness emerging opportunities, and lay a robust foundation for a forward-looking, resilient, and mutually beneficial economic relationship. During the visit, Shri Goyal…
(PIB) A High-Level Committee, under the chairmanship of Union Home Minister and Minister of Cooperation, Shri Amit Shah has approved Rs. 2006.40 crore Central assistance to Himachal Pradesh, for Recovery & Reconstruction plan in the aftermath of flood, landslides, cloudburst incident of 2023. The Committee, comprising of Finance Minister, Agriculture Minister and Vice Chairman NITI Aayog as members considered the proposal for financial assistance to the State from Recovery and Reconstruction funding window under National Disaster Response Fund (NDRF). The High-Level Committee has approved the recovery plan of Rs.2006.40 crore to the State of Himachal Pradesh, which will help the…
(PIB) Union Minister of Commerce & Industry, Shri Piyush Goyal, chaired a high-level review meeting on 15th June 2025 at the Tobacco Board, Guntur, to assess the progress of NICDC-led industrial nodes in Andhra Pradesh under various industrial corridors. The review focused on the development of three major nodes in the state—Krishnapatnam Industrial Area under the Chennai–Bengaluru Industrial Corridor (CBIC), Orvakal Industrial Area under the Hyderabad–Bengaluru Industrial Corridor (HBIC), and Kopparthy Industrial Area under the Visakhapatnam–Chennai Industrial Corridor (VCIC). Shri Goyal directed officials to focus on attracting anchor investors and startups by building innovation-friendly ecosystems within each industrial node. He…