Sunday, October 25

Tag: Clean Energy

GAIL stabilises volumes and looks abroad for LNG diversity
Oil & Gas Industry

GAIL stabilises volumes and looks abroad for LNG diversity

GAIL (India) Ltd reported higher quarterly profit on the back of steady transmission volumes and improved trading margins. Industrial demand for gas has held up better than feared, even as spot LNG prices remained volatile. The company’s mantra, executives say, is simple: move molecules first, seek arbitrage second. (more…)
Reliance bets big on green hydrogen with new Gujarat complex
Renewables

Reliance bets big on green hydrogen with new Gujarat complex

Reliance Industries is moving ahead with construction of a green hydrogen complex in Jamnagar, Gujarat, positioning itself at the centre of India’s nascent hydrogen economy. The $10bn project, announced by chairman Mukesh Ambani, will anchor Reliance’s broader push into renewable fuels. It will integrate solar and wind capacity with electrolyser technology to produce green hydrogen at scale, with first output targeted for 2027. India has set a goal of producing 5m tonnes of green hydrogen annually by 2030 as part of its clean energy transition. Reliance intends to supply both domestic industry and export markets in Europe and Asia, where demand is growing under net-zero mandates. The Jamnagar complex will also manufacture electrolysers and advanced fuel cells. Reliance executives ...
Reliance Winds Up NeuComm Subsidiary, Refocuses on Energy Transition
News Update

Reliance Winds Up NeuComm Subsidiary, Refocuses on Energy Transition

By Newscript News Network August 20, 2025 Reliance Industries Limited (RIL) has formally completed the winding-up of its US-based subsidiary, Reliance NeuComm, by filing a Certificate of Termination with the Secretary of State of Texas. Though the unit had long ceased operations, its closure highlights the company’s ongoing portfolio rationalisation strategy. Industry watchers view this as part of Chairman Mukesh Ambani’s renewed focus on high-growth areas in India, particularly telecom, retail, new energy and materials. Over the past three years, RIL has consolidated its international presence while funnelling capital into domestic projects, ranging from green hydrogen and solar manufacturing to the next phase of Jio’s digital expansion. “Reliance is pruning global entities th...
PREDATORS SCRIPT INDIA’S SOLAR GROWTH STORY
Renewables

PREDATORS SCRIPT INDIA’S SOLAR GROWTH STORY

19TH OCTOBER, 2025 The debate over protectionism and predatory pricing, very often, lack rationale and logic.  The noise and indignation against  invasion of domestic market place by foreign predators  cannot camouflage the truth.    Consumers, and , end users  prefer qualitative  and durable products  -  indigenous or imported  - at affordable prices. The demand for imported or foreign products  reflects the deficiencies in indigenous products and their incompatibility with the competitive environment. Believe it or not,  China is playing a crucial role in India's solar energy evolution and revolution. Perhaps, this can be construed as ridiculous and incredible, but the solar success story can be attributed to so-called predatory pricing by China. India 's imports of of toughened te...
Market Leadership & Financial Performanc. Record Capacity Additions
Energy Transition, Technology

Market Leadership & Financial Performanc. Record Capacity Additions

By Pallab Bhattacharya Newscript, August 16, 2025 India added a record 22 GW of renewable energy capacity in H1 2025, marking a 57% increase year-on-year. Solar dominated with 18.4 GW, followed by 3.5 GW of wind, underscoring India’s accelerating transition away from fossil fuels. Corporate participation was pivotal. Players like NTPC, Adani, ReNew, L&T, and InSolare delivered projects at scale, supported by policy tailwinds and robust investor appetite. Analysts say the record additions highlight a shift: renewables are no longer an aspirational segment but the backbone of India’s power sector growth. The pace also reflects global factors, including declining technology costs and heightened ESG capital flows. However, integration challenges—storage, transmission, and c...
ACME Cleantech: Green Ammonia Sets Global Benchmark
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...
Indigenous Manufacturing Push
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 ...
BPCL: From Refiner to Integrated Energy Innovator
News Update

BPCL: From Refiner to Integrated Energy Innovator

Bharat Petroleum Corporation Limited is emerging as the most innovative of India’s state refiners, leveraging efficiency gains and diversification to carve out a stronger position. Its recent award of a five-month crude oil tender to Glencore for U.S. barrels highlights a willingness to experiment with sourcing that goes beyond the cautious approaches of IOC and HPCL. The procurement move is not merely about diversification—it reflects a strategy to give BPCL greater flexibility in blending crudes that enhance refining margins. Analysts note that U.S. crude grades complement its plant configurations, enabling it to outperform rivals on yields and efficiency. Parallel to procurement agility, BPCL is investing heavily in petrochemicals, with new complexes at Bina and Kochi. This downst...
Indian Oil: Transparency Push and Fuel Transition Challenges
News Update

Indian Oil: Transparency Push and Fuel Transition Challenges

By Team Newscript  August 18, 2025 Indian Oil Corporation, India’s largest refiner, is attempting to redefine its engagement with investors and policymakers at a time of shifting global energy flows. Its Q1 FY26 earnings call, scheduled earlier this week, was emblematic of this approach—senior management fielded questions not only on financial performance but also on procurement strategy, energy transition initiatives and capital allocation. The company is under mounting pressure to reduce its reliance on Middle Eastern suppliers, which still account for the bulk of its imports. Officials highlighted strategic procurement shifts, including a greater role for U.S. and African crudes. These moves mirror a global trend among refiners seeking to insulate themselves from geopolitics, b...
BPCL’s hydrogen pivot signals a new phase for India’s refining giant
Renewables

BPCL’s hydrogen pivot signals a new phase for India’s refining giant

Bharat Petroleum Corporation Ltd (BPCL) posted a stronger-than-expected profit in the first quarter of FY26, with net earnings of ₹61.24 billion against market estimates closer to ₹57 billion. Softer crude costs and improved marketing spreads underpinned the numbers, but management is keen to highlight a different narrative: the company’s accelerating bet on green hydrogen. BPCL has begun pilot projects to produce hydrogen for refinery desulphurisation and has partnered with KPIT and the Kerala government on India’s first hydrogen bus corridor. “Hydrogen-powered mobility is the future of sustainable transportation,” Chairman G. Krishnakumar told reporters in Kochi, underscoring the ambition to leapfrog conventional gas. The strategy mirrors Europe’s majors. Repsol in Spain and Italy’...
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