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SAEL eyes IPO amid waste-to-energy pipeline| Distribution, RE our main growth drivers in loan disbursements: CMD, PFC| Govt finds none for NTPC job
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ETEnergyworld Newsletter | Thursday, May 22, 2025

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SAEL to commission 2.5 GW solar capacity by FY26; eyes IPO amid limited waste-to-energy pipeline
Distribution, RE our main growth drivers in loan disbursements; nuclear energy another lending opportunity for us: Parminder Chopra, CMD, PFC
Government headhunter finds none suitable for NTPC top job
IREDA moves debt recovery tribunal against Gensol entities for over ₹729 crore default
REC raises ₹5,635 crore via private bond placement at up to 6.81% coupon
PFC Group reports ₹30,514 crore PAT in FY25, up 15%; standalone profit rises 21%
Oil & Gas
Madras High Court stays amendments taking away T.N. Governor's power to appoint Vice-Chancellors The Hindu
Oil India PAT up 10 pc to ₹6,114 crore in FY25; crude output rises 2.95%
ONGC posts ₹35,610 crore standalone profit in FY25; crude output rises 0.9%
US markets open lower amid rising treasury yields; gold and oil gain
India's Russian oil imports hit 10-month high on strong demand for ESPO crude
Renewable
Delhi cabinet approves extra 30k subsidy for installing solar panels
CleanMax Enviro plans ₹5,000 cr IPO to boost renewable energy growth
India makes remarkable strides in green hydrogen development
Adani Green Energy operational renewable energy capacity increases to 14,528.4 MW
Inox Green signs 639 MWp solar O&M deals; total renewable portfolio crosses 5 GW
Will solar farms finally outproduce nuclear energy this summer?
Power
Govt to install 72,000 EV charging stations under ₹2,000 crore PM E-Drive scheme
Rosatom completes first RITM-400 reactor for Rossiya nuclear icebreaker
Maharatna PSU Powergrid projects capex of over ₹3 lakh crore by 2032
NHPC Q4 profit rises 52% in Q4 to ₹919 crore; FY25 profit slips 15%
Delhi breaks power demand record again 7,748 MW and rising in blistering heat
Patel Engineering awarded ₹711 cr hydro project in Arunachal by NEEPCO
Panasonic Energy India posts 14.35% rise in FY25 PBT at ₹176.95 million
Prostarm Info Systems sets price band at ₹95105 for ₹168 crore IPO opening on May 27
India's gas based power generation capacity shrinks 20%, ahead of peak summer months
Sterlite Electric bags ₹2,400 cr in Q4 orders; FY'25 total reaches ₹7,500 cr
Coal
Singareni aims for 76 mt coal production this year, asks young officers to fit into future plans The Hindu
India's coal demand to rise 60% by 2050; oil, petrochemical imports to remain high: S&P
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