[ad_1] Premium Adani Power is different from two of its primary rivals in the private power sector Adani Power, part of the Adani group, plans to add close to 6 gigawatts (Gw) of new power assets in the next five years, according to an investor presentation by the company. That is clearly meant to … Read more
[ad_1] Global benchmark Brent fell on Monday, dipping below $82 a barrel, as persistent geopolitical concerns in the Middle East and Russia collide with jitters about softening demand in China U.S. crude oil production lead global oil production for a sixth straight year, with a record breaking average production of 12.9 million barrels per … Read more
[ad_1] The upward trajectory of the stocks of power-generation companies (gencos) is expected to continue, say analysts, as the impending severe summer heat is likely to drive up demand for electricity. India’s peak power demand is projected to increase by at least 7 per cent year-on-year (Y-o-Y) in 2024, reaching 260 gigawatt (Gw), … Read more
[ad_1] With a double-digit surge in India’s power demand, capital goods to ports have reported early gains, a trend that is likely to continue, according to industry executives and analysts. The power demand for the quarterly period of October-December 2023 was 10 per cent higher than the previous year. It grew 9 … Read more