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CLIMATE CHANGE INITIATIVE. More on Content, Less on Intent

19Apr

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Environmental Accountability, News Bulletin, News Update

CLIMATE CHANGE INITIATIVE. More on Content, Less on Intent

SATYAPAL MENON 19TH OCTOBER, 2025 Since a decade global heads states have frequently put their heads together to hammer out a a universal solution against global warming. Climate change targets - reduction by 1.5°C to 2°C - and deadline - i.e., 2030 - was set. But, implementation was out of sync with the datelines. Consequently, over the years and till date, Nature has gone awry , unleashing its fury, in the form of glacier melts, melts floods, landslides and desertification. The reasons? Are all these global summits related to climate change proving to be a fiasco with commitments being confined to rhetoric and platitudes? Except for bits and pieces implementation of the action plans to restrict climate change, genuine endeavours to achieve the target of restri...

NTPC Expands Green Portfolio, Raises Capacity Target to 149 GW

19Apr

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News Update

NTPC Expands Green Portfolio, Raises Capacity Target to 149 GW

By Newscript News Network August 20, 2025 NTPC Green Energy Limited commissioned 212.5 MW of solar at Khavda-I in Gujarat and 52.5 MW of wind capacity on August 20, pushing NTPC Group’s total installed and commercial capacity to 83.24 GW. In parallel, NTPC raised its long-term capacity target from 130 GW to 149 GW by FY32, backed by a ₹7 trillion capex programme. “We are accelerating towards 500 GW of national non-fossil capacity,” said Gurdeep Singh, NTPC’s Chairman. Brokerage ICICI Securities reaffirmed a buy rating with a target of ₹439, citing the company’s renewable build-out and integrated energy strategy. Analysts believe NTPC is well-positioned to balance its coal-heavy base with fast-growing renewables. The Khavda project, one of India’s largest solar parks, is cent...

19Apr

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News Update

HPCL Delivers Blockbuster Quarter Despite Refining Headwinds

By Newscript News Network August 20, 2025 Hindustan Petroleum Corporation Limited (HPCL) has stunned markets with a 1,128% surge in standalone net profit to ₹4,371 crore in Q1 FY26. The performance comes despite weaker refining margins and slightly lower revenues. HPCL attributed the results to higher refinery throughput, tighter cost control, and efficiency gains. “This is a testament to operational discipline,” said Chairman Pushp Kumar Joshi. Analysts agreed, noting HPCL’s ability to outperform peers IOC and BPCL despite similar market conditions. The quarter also showcased HPCL’s expanding retail footprint, with robust fuel sales across India. However, analysts caution that sustained profit growth will depend on maintaining refining spreads in a volatile crude environment. ...

IOC Bets on Sustainable Aviation Fuel and Russian Oil Imports

19Apr

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News Update

IOC Bets on Sustainable Aviation Fuel and Russian Oil Imports

By Newscript News Network August 20, 2025 Indian Oil Corporation (IOC) is reshaping its portfolio with a dual strategy: green aviation and steady crude supplies. On August 20, IOC signed a landmark MoU with Air India to supply Sustainable Aviation Fuel (SAF), becoming the first Indian company to secure ISCC CORSIA certification at its Panipat refinery. “This is a watershed moment,” an IOC executive said. “For the first time, an Indian refiner can supply SAF that meets global sustainability standards.” Aviation accounts for 2-3% of global emissions, and SAF is seen as key to decarbonisation. In parallel, IOC has resumed Russian crude imports, which were briefly halted in July as discounts narrowed. Russia supplied 22% of IOC’s crude in FY25, rising to 24% this quarter. Current c...

19Apr

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News Update

ONGC Charts New Frontier with Helium Recovery, Marks Leadership Transition

By Newscript News Network August 20, 2025 India’s flagship explorer Oil & Natural Gas Corporation (ONGC) is preparing to enter the strategically vital helium market with a landmark ₹40 crore investment in Tamil Nadu. On August 20, ONGC Energy Centre Trust signed an agreement with Engineers India Limited (EIL) to set up the country’s first indigenous helium recovery plant. Helium is critical for MRI machines, semiconductor fabrication, space research, and defence technologies. Currently, India relies almost entirely on imports from the US and Qatar, leaving it vulnerable to global shortages. “Helium is rare, irreplaceable, and expensive. By developing indigenous recovery, ONGC is giving India both security and leverage,” said a senior ONGC scientist. The Tamil Nadu facility ...

Foreign Capital Validation: $11.8 Billion Investment Surge Reflects Global Confidence

19Apr

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News Update, Renewables

Foreign Capital Validation: $11.8 Billion Investment Surge Reflects Global Confidence

India’s renewable sector attracted $11.8 billion in H1 2025, the second-highest on record, showing strong global faith in India’s policy-driven growth model. This is anchored by government reforms—reverse auctions, renewable purchase obligations, and green bond frameworks—that have created predictable investment conditions. Utility-scale solar drew 77% of inflows, with equity typically covering 20–25% of project cost and debt syndicated through domestic and global banks. Investors secure 9–12% IRRs in rupee terms, with risks managed by currency hedging and multilateral guarantees. European utilities and Japanese trading houses led the surge. “India offers unmatched scale and policy stability,” said a Tokyo-based fund manager. These flows follow India’s record 59 GW renewable auction aw...

Hydrogen revolution catapults India toward global clean energy superpower status

19Apr

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Energy Transition, News Update, Renewables

Hydrogen revolution catapults India toward global clean energy superpower status

Government officials have outlined India’s national hydrogen mission as a transformative initiative that will establish the country as a global centre for hydrogen technology development, targeting both domestic energy transition requirements and emerging export opportunities in clean fuel markets. The comprehensive strategy encompasses production, storage, distribution, and application technologies across industrial and transportation sectors. The mission framework includes substantial public investment in research and development facilities, pilot project deployment, and manufacturing capacity creation for electrolysis equipment and fuel cell technologies. Industry partnerships with international technology providers are expected to accelerate domestic capability development whilst en...

Deep Holes, Deeper Silence: ONGC’s Lost Decade of Exploration

19Apr

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News Update

Deep Holes, Deeper Silence: ONGC’s Lost Decade of Exploration

In the dim fluorescence of ONGC’s war rooms, maps of basins curl over boardroom tables like parchment from a forgotten empire. Wells are planned. Rigs are deployed. Drills bite through time and sediment. What emerges, often, is silence—expensive, unyielding silence. Over the past decade, ONGC has chased oil with the fervor of a state-sanctioned oracle. It has drilled across the western offshore, the depths of Krishna-Godavari, the quiet basins of Assam. It has spoken of sedimentary promise, of enhanced recovery, of integrated exploration. But between the seismic optimism and the actual production figures lies a trench of uncomfortable truth: ONGC has spent more money exploring than it has succeeded in discovering. From 2013 to 2024, more than ₹70,000 crore has been written off in the...

ACME Cleantech: Green Ammonia Sets Global Benchmark

19Apr

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News Update, Renewables

ACME Cleantech: Green Ammonia Sets Global Benchmark

By Special Correspondent Newscript, August 18, 2025 ACME Cleantech has put India on the global clean-fuels map by securing the country’s lowest-ever price for green ammonia under SECI’s SIGHT scheme. At ₹55.75/kg ($641 per tonne), ACME’s winning bid sets a new global benchmark, significantly undercutting international averages that typically hover above $800 per tonne. The company has committed to supplying 75,000 tonnes annually for a decade, cementing its role as the most aggressive early mover in India’s green ammonia sector. The achievement is not just about price—it signals India’s intent to become a competitive exporter of green fuels. Backed by heavy investments, ACME has already built infrastructure in Oman and is planning further expansion across the Middle East and Indi...

19Apr

By Newscript News NetworkNo Comments

News Update

Energy Bulletin – India & Worldwide

By Team Newscript India Deepens Nuclear Ambitions with Private Sector Drive and SMR Expansion New Delhi — In a significant advancement of its clean‑energy strategy, India’s Power Minister Manohar L. Khattar and Minister of State for Atomic Energy Jitendra Singh convened on 9 August 2025 to review the roadmap for expanding nuclear energy from the current 8.8 GW to 22 GW by 2032 . A key development: the Bharat Small Modular Reactor (SMR) programme has garnered robust interest from industry, prompting the government to extend the Request for Proposal deadline to 30 September 2025 to accommodate wider participation This initiative signals a broader shift toward private‑sector integration in India’s nuclear ambitions—a strategic pivot designed to infuse capital, expedite approval cy...