Tag Archives: energy transition

IOC investment push: Oil giant to spend Rs 1.66 lakh cr in 5 years, focus on refining and renewables – The Times of India

IOC investment push: Oil giant to spend Rs 1.66 lakh cr in 5 years, focus on refining and renewables – The Times of India

Indian Oil Corporation (IOC), the country’s largest fuel retailer, has lined up investments worth Rs 1.66 lakh crore over the next five years to strengthen its core refining and fuel marketing operations while accelerating expansion in petrochemicals, natural gas, and renewables, chairman Arvinder Singh Sahney said on Saturday.Addressing shareholders at the company’s annual meeting, Sahney said refining capacity would rise …

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RIL unveils green energy plan: Ambanis outline solar and hydrogen push; energy sector self-reliance in focus – The Times of India

RIL unveils green energy plan: Ambanis outline solar and hydrogen push; energy sector self-reliance  in focus – The Times of India

Reliance Industries detailed an extensive green energy blueprint, with Mukesh Ambani and Anant Ambani presenting their vision for developing what they described as the world’s most comprehensive new energy system.“Hydrocarbons will remain vital for India for several years. Our strategy is clear: excel in traditional energy while building the system of the future,” said Mukesh Ambani, addressing shareholders at the …

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Vedanta ramps up search for critical minerals across 6 states amid energy transition push – Times of India

Vedanta ramps up search for critical minerals across 6 states amid energy transition push – Times of India

Anil Agarwal-led Vedanta Ltd on Sunday said it is actively exploring critical mineral resources across six Indian states — Maharashtra, Rajasthan, Bihar, Arunachal Pradesh, Karnataka, and Chhattisgarh — as it looks to strengthen its position in the fast-growing clean energy value chain.Critical minerals are vital for a wide range of energy-efficient technologies, including electric vehicles, wind turbines, and modern electricity …

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Sterlite Power unveils 2 new corporate brands Resonia and Sterlite – The Times of India

Sterlite Power unveils 2 new corporate brands Resonia and Sterlite – The Times of India

NEW DELHI: Power transmission and solutions provider Sterlite Power on Monday unveiled its two new corporate brand identities called ‘Resonia’ and ‘Sterlite’. Resonia Ltd will house the transmission infrastructure business and will be called Resonia, a company statement said. Sterlite Power Transmission Ltd will house the manufacturing of cables and conductors and, services business. It will be called ‘Sterlite’. The …

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Adani Ports Q3 profit jumps 14% YOY to Rs 2,518 crore; Adani Enterprises net profit plunges to Rs 58 crore – The Times of India

Adani Ports Q3 profit jumps 14% YOY to Rs 2,518 crore; Adani Enterprises net profit plunges to Rs 58 crore – The Times of India

Adani Ports and Special Economic Zone (APSEZ) reported a 14per centyear-on-year (YoY) increase in consolidated net profit for the December quarter of FY24-25, reaching Rs 2,518.39 crore. The growth was driven by higher income, according to the company’s regulatory filing on Thursday.India’s largest integrated logistics player had recorded a profit of Rs 2,208.21 crore in the same quarter last year. …

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