Page 5 - Energy Sector
Hyundai Motor to invest in Solid Energy Systems, a next-gen battery company
Solid Energy and General Motors are planning to construct a lithium metal battery test production plant near Boston by 2023, and will commercialise it in 2025.
 "Hyundai Motor to invest in Solid Energy Systems, a next-gen battery company")
Sales volume jumps 48% to 7,093 MU in June at Indian Energy Exchange
The electricity market achieved a volume of 21,340 million units (MU) during the first quarter (April-June), registering 44 per cent growth year-on-year.
 "Sales volume jumps 48% to 7,093 MU in June at Indian Energy Exchange")
NTPC declares its Energy Compact Goals for sustainability at UN dialogue
National Thermal Power Corporation (NTPC) has become the first energy company in the energy domain in India to declare its Energy Compact Goals as part of the UN High-level Dialogue on Energy (HLDE).
 "NTPC declares its Energy Compact Goals for sustainability at UN dialogue")
JSW Energy net profit remains flat at Rs 107 crore in March quarter
The board in its meeting on Friday recommended declaration of dividend of Rs 2 per equity share of Rs 10
 "JSW Energy net profit remains flat at Rs 107 crore in March quarter")
Amara Raja carves out new biz unit, re-fashions as energy and mobility firm
The announcements by Amara Raja comes amid the thrust India's policy makers have been giving to electric mobility in its endeavour to reduce carbon emissions and reduce oil import bill.
 "Amara Raja carves out new biz unit, re-fashions as energy and mobility firm")
French giant Total rebranded to reflect shift to broad Energy business
TotalEnergies, as it is now called, said it produces and sells energies on a global scale: oil and biofuels, natural gas and green gases, renewables and electricity
 "French giant Total rebranded to reflect shift to broad Energy business")
SoftBank Energy India sale: Cautionary tale for foreign companies
Industry execs say ambitious plans couldn't match up to Indian policy environment
 "SoftBank Energy India sale: Cautionary tale for foreign companies")
Revamp not to impact biz; in talks with global cos for large fields: ONGC
ONGC plans to acquire much larger acreage via open acreage licensing policy
 "Revamp not to impact biz; in talks with global cos for large fields: ONGC")
Reliance Industries, other energy majors form hydrogen coalition
Led by domestic energy giant Reliance Industries, many global energy and industrial players on Tuesday came together to form a new energy transition coalition, called the India H2 Alliance (IH2A)
 "Reliance Industries, other energy majors form hydrogen coalition")
Taken steps towards making Rajasthan self-reliant in energy sector: CM
The Rajasthan government has taken many important steps towards making the state self-reliant in energy sector, Chief Minister Ashok Gehlot said on Saturday.
 "Taken steps towards making Rajasthan self-reliant in energy sector: CM")
Capacity building at appropriate time is important, says ISA's Ajay Mathur
International Solar Alliance (ISA): We don't want to land in the same situation as that of fossil fuels when it comes to waste, said Mathur
 "Capacity building at appropriate time is important, says ISA's Ajay Mathur")
Explained: Why 'atmanirbharta' flows against oil security for India
Instead of relying on negligible domestic deposits, India should be securing steady supplies from abroad
 "Explained: Why 'atmanirbharta' flows against oil security for India")
Expansion in newer business will reduce funding dependence: Coal India CMD
Competition from private players is not a worrying factor for CIL. Their role will be complementary to ours, said Pramod Agarwal
 "Expansion in newer business will reduce funding dependence: Coal India CMD")
Indian shares slip on bond yield worries; energy stocks, oil rise
"Chances of foreign investors pulling out some money from emerging markets like India have strengthened as U.S. bond yield increases," said Gaurav Garg, head of research at CapitalVia Global Research
 "Indian shares slip on bond yield worries; energy stocks, oil rise")
India, US energy partnership supports sustainable development: Official
Responding to a question on energy co-operation between India and the US, Price said the strategic energy partnership is strong and will continue growing even as admin prioritises climate change issue
 "India, US energy partnership supports sustainable development: Official")
Ashok Leyland increases clean energy sourcing to 60% for countrywide ops
The firm said it has increased the sourcing of clean energy to 60 per cent for its countrywide operations
 "Ashok Leyland increases clean energy sourcing to 60% for countrywide ops")
Britain's Cairn files case in US to push India to pay $1.2 billion award
Cairn aims to enforce the award under international arbitration rules
 "Britain's Cairn files case in US to push India to pay $1.2 billion award")
State-owned GAIL acquires IEX's 5% stake in Indian Gas Exchange
The Indian Energy Exchange (IEX) on Tuesday said GAIL (India) Ltd has acquired five per cent stake of the IEX in its arm Indian Gas Exchange (IGX)
 "State-owned GAIL acquires IEX's 5% stake in Indian Gas Exchange")
JSW Energy net profit down over 68% at Rs 124 cr in December quarter
The firm on Friday reported over 68 per cent dip in its consolidated net profit
 "JSW Energy net profit down over 68% at Rs 124 cr in December quarter")
Tech start-up Matter to launch electric vehicles, energy solutions in India
Matter, an Ahmedabad-based technology start-up, on Thursday said it would launch electric vehicles and a range of energy solutions in India starting 2021
 "Tech start-up Matter to launch electric vehicles, energy solutions in India")
