Krishna-Godavari Basin Archives - Newscript EnergyWorld

Coal India powers up ₹25,000cr renewable empire

14Sep

By Newscript News NetworkNo Comments

Coal India powers up ₹25,000cr renewable empire

Executive Summary Coal India commits ₹25,000 crore ($3bn) to develop 4.5GW renewable capacity Partnership with AM Green for renewable ammonia production facilities Targeting 2,500-3,000 MW solar and 1,500-2,000 MW wind projects Strategy aims to future-proof 229,000-strong workforce MoU signed 7 May 2025, marking radical departure from fossil fuels At a windswept site in Rajasthan’s Thar desert, where Coal India once prospected for lignite deposits, engineers now measure wind speeds and solar irradiation levels. The scene captures the magnitude of change at the world’s largest coal producer. Coal India Limited has committed ₹25,000 crore ($3bn) to develop 4.5GW of renewable capacity, marking the state-owned miner’s most radical departure from its fossil...

GST Hike Squeezes Oil Explorers as Tax Burden Climbs to 18%

Executive note India’s oil exploration sector faces a punishing fiscal blow after the GST Council’s decision to raise service taxes from 12% to 18%. The September 2025 hike will saddle upstream companies with billions in additional costs, squeezing ONGC, Oil India, Vedanta and Reliance at a time when commodity price volatility and currency pressures already challenge project economics across the energy sector. India’s upstream oil and gas industry has absorbed a significant fiscal shock following the Goods and Services Tax (GST) Council’s decision to increase rates on exploration and production services. The tax rate climbs to 18% from 12%, effective September 22, 2025, covering petroleum exploration, mining, drilling, and related support activities across the sector. Indu...

Daily Energy News Updates

1. India Fast-tracks Hydrogen in Industrial Transition India’s green hydrogen ambitions moved beyond policy rhetoric in 2025. The government’s ₹19,744 crore National Green Hydrogen Mission aims for 5mn tonnes annual production by 2030, with initial facilities taking shape in Gujarat’s industrial belt, Odisha’s port complexes and Tamil Nadu’s renewable corridors. Production costs remain challenging at $3-5 per kilogram, well above the $1 threshold needed for commercial viability against fossil alternatives. However, manufacturers are banking on scale economics and improved electrolyser technology to bridge this gap within five years. Industrial buyers face mounting pressure from global supply chains demanding carbon-neutral inputs. Fertiliser producers, oil refineries and steel mills—sec...