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Torrent Power: Gorakhpur Hydrogen Plant Marks New Phase

19Apr

By Newscript News NetworkNo Comments

News Update, Renewables

Torrent Power: Gorakhpur Hydrogen Plant Marks New Phase

By Special Correspondent Newscript, August 18, 2025 Torrent Power, traditionally known for distribution and generation in Gujarat, has made a significant leap into green hydrogen. The company recently inaugurated a green hydrogen plant in Gorakhpur, Uttar Pradesh—one of the first industrial-scale private sector facilities of its kind in India. The plant, designed to supply hydrogen for industrial use and mobility, signals Torrent’s recognition that utilities cannot rely solely on fossil-heavy grids. By investing in green hydrogen early, Torrent aims to capture emerging demand in steel, fertilisers, and transport. “Hydrogen is no longer a distant bet; it’s a strategic hedge,” noted an industry consultant. Torrent’s entry into hydrogen differentiates it from peers like Tata Pow...

L&T and the Case for Private Nuclear Participation

19Apr

By Pallab BhattacharyaNo Comments

Corporate Watch, News Update

L&T and the Case for Private Nuclear Participation

Larsen & Toubro’s chairman has called for private sector participation across India’s nuclear value chain, from mining to fuel processing and plant construction. The statement has reignited debate on whether India’s atomic energy ambitions can be met without loosening the state’s monopoly. India’s current nuclear capacity remains modest at 8.7GW, far below targets. Projects have long suffered delays due to financing, technology lock-ins, and limited public sector capacity. By contrast, global leaders like EDF, Rosatom, and KEPCO rely heavily on private contractors for scale and efficiency. L&T, with decades of engineering experience, argues that excluding private firms is stifling innovation and slowing execution. The appeal comes as NTPC has partnered NPCIL for a new project...

19Apr

By Newscript News NetworkNo Comments

News Update

Indigenous Manufacturing Push

By Pallab Bhattacharya Newscript, August 16, 2025 A quiet revolution is underway in India’s clean energy supply chain. Companies like L&T and InSolare Energy are spearheading efforts to localise manufacturing, reducing dependence on imports and building domestic capability. L&T has emerged as India’s only large-scale manufacturer of alkaline electrolysers, with a supply chain entirely within India. This gives it a strategic edge as global electrolyser markets tighten amid rising demand. InSolare, meanwhile, is leveraging in-house electrolyser technology and indigenous module manufacturing to build a vertically integrated platform. Policymakers see localisation as essential for both energy security and job creation. Incentives under the PLI schemes are accelerating ...

Energy Technology Innovation : Avaada’s Comprehensive Strategy

19Apr

By Newscript News NetworkNo Comments

News Update

Energy Technology Innovation : Avaada’s Comprehensive Strategy

By Pallab Bhattacharya Newscript, August 16, 2025 Avaada Group has rapidly carved out a reputation as one of India’s most diversified clean energy players, with a portfolio spanning solar, wind, hybrid, and storage systems, alongside new ventures in green hydrogen. The company’s strategy hinges on integration—combining smart EPC execution, in-house engineering, and strong O&M capabilities to deliver projects at scale and on time. Backed by international investors, Avaada has been expanding aggressively into industrial and state-level tenders. Its foray into green hydrogen is seen as both opportunistic and strategic, aligning with India’s push to become a global hub for hydrogen exports. Executives emphasise that Avaada’s differentiation lies in its technology-agnostic ...

Oil Crisis Looms: India Faces Energy and Trade Turbulence Amid Middle East War

19Apr

By Newscript News NetworkNo Comments

News Update

Oil Crisis Looms: India Faces Energy and Trade Turbulence Amid Middle East War

By Pallab Bhattacharya As the Middle East plunges deeper into conflict after U.S. airstrikes on Iranian nuclear facilities, the spectre of a global oil crisis is no longer hypothetical. For India, the world’s third-largest oil importer, the fallout is immediate and multidimensional—threatening not only energy security but also trade, inflation, and regional connectivity. Strategic Chokepoints Under Threat The Strait of Hormuz, a narrow waterway off Iran’s southern coast, has become the world’s most-watched geopolitical flashpoint. Roughly 20% of global oil and a third of LNG flows pass through this corridor. For India, the stakes are acute: more than half of its crude oil imports and nearly 70% of its natural gas needs transit this route. Any disruption—whether from Iranian threats ...

ONGC sees rare output recovery, bets on partnerships

19Apr

By Newscript News NetworkNo Comments

News Update

ONGC sees rare output recovery, bets on partnerships

By Newscript News Network August 21,2025 After nearly a decade of decline, Oil & Natural Gas Corporation (ONGC) reported a 0.9% rise in standalone crude oil output in FY25, marking its first annual production growth since 2015. Despite the uptick, ONGC’s total output has slipped from 22.53 MMT in FY21 to 20.89 MMT in FY25. To arrest the decline, ONGC has signed a framework with BP to provide technology services for the Mumbai High revitalisation, one of India’s most mature fields. “Technology partnerships are critical if ONGC is to maintain India’s upstream security,” said an energy analyst at CLSA, which recently raised its target price for ONGC to ₹360, citing eastern offshore ramp-ups and possible removal of the windfall tax. Exploration is also intensifying, with 578 w...

IOC resumes Russian oil flows, diversifies with US crude

19Apr

By Newscript News NetworkNo Comments

News Update

IOC resumes Russian oil flows, diversifies with US crude

By Newscript News Network August 21, 2025 Indian Oil Corporation (IOC) and Bharat Petroleum (BPCL) have resumed imports of Russian Urals crude for September–October delivery, ending a brief suspension in July when discounts narrowed and US diplomatic pressure mounted. Industry officials said Urals is now trading at about $3 per barrel below Brent, restoring its competitiveness. “India continues to optimise its crude basket while maintaining strategic autonomy,” said a senior oil ministry official. At the same time, IOC has purchased two million barrels of US West Texas Intermediate (WTI) for October delivery at a $2.80–$2.90 premium to dated Brent. The deal is seen as part of a diversification strategy to balance risks after the Trump administration announced a 25% tariff on India...

ReNew Leans Into Storage and Hydrogen to Lift Portfolio Returns

19Apr

By Newscript News NetworkNo Comments

News Update, Renewables

ReNew Leans Into Storage and Hydrogen to Lift Portfolio Returns

ReNew Power remains among India’s largest independent power producers with a portfolio above 10.6 GW spanning solar, wind and hybrids. The centre of gravity is shifting toward grid‑scale storage to capture evening peaks and improve merchant optionality, and toward early green‑hydrogen pilots aimed at industrial decarbonisation. The company’s edge lies in scale, disciplined bidding and fast execution, while a global listing ensures access to diverse capital pools. The operating focus is mix optimisation—hybrids plus storage—to stabilise cash flows in a tariff‑competitive market. Execution on storage commissioning timelines and offtake visibility with creditworthy counterparties will define returns. Market view & expert recommendations: The overall tone is optimistic but selective....

IREDA Emerges as the Pure‑Play Lender to India’s Clean‑Tech Build‑Out

19Apr

By Newscript News NetworkNo Comments

News Update, Renewables

IREDA Emerges as the Pure‑Play Lender to India’s Clean‑Tech Build‑Out

IREDA’s niche is its moat. As India’s dedicated renewable‑energy financier, it brings specialised appraisal for solar, wind, storage and hydrogen projects and aligns closely with policy priorities. With annual bids of ~50 GW through FY28 and storage/hydrogen schemes scaling, the pipeline spans utility‑scale and commercial‑industrial demand. By standardising risk metrics for newer technologies, IREDA acts as the conduit between policy ambition and bankable projects. As blended‑finance pools deepen and green‑bond markets widen, IREDA’s role in lowering the all‑in cost of capital becomes even more central. Market view & expert recommendations: The stance is growth‑positive. Experts recommend IREDA as a leveraged policy play on renewable expansion, with catalysts from storage auction...

PFC Funds the Future Grid: Storage, Hydrogen and Smart Systems

19Apr

By Newscript News NetworkNo Comments

News Update, Renewables

PFC Funds the Future Grid: Storage, Hydrogen and Smart Systems

PFC complements REC as the other cornerstone financier of India’s power build‑out. The mandate is widening from conventional generation to storage projects, early‑stage green‑hydrogen pilots and smart‑grid modernisation. Relationship depth with utilities and IPPs, plus risk‑management discipline, underpins stable profitability across cycles. With investment needs ballooning for grid flexibility and digitalisation, PFC’s balance‑sheet scale and structuring skills are mission‑critical. Co‑financing with multilaterals and tapping green‑finance pools are the next leg in lowering cost of capital for emerging technologies. Market view & expert recommendations: Experts slot PFC as a stable compounding lender to the transition. Recommendations focus on watching cost of funds, asset‑quali...