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Coal share in country's total installed capacity falls below 50 per cent in FY24, claims report, ET EnergyWorld

The CEEW-CEF market handbook highlighted the dominance of solar energy in Indias renewable energy capacity addition, with grid-scale and rooftop solar accounting for a substantial 81% of the total renewable energy addition in FY24. Wind capacity addition also saw a notable increase, nearly doubling compared to the previous fiscal year. Additionally, for the first time since FY17, nuclear capacity was added to Indias energy mix.
Riddhi Mukherjee Gagan Sidhu Surya Ghar Muft Bijli Yojana Centre For Energy Finance Research Analyst

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Adani Power shares hit upper circuit, stock up 14% in 3 sessions to hover around record high

Adani Power share price: The stock jumped 5 per cent to hit its upper price band of Rs 588.35. At this price, it has soared 13.90 per cent in three trading days. The scrip was just 0.16 per cent away from its lifetime high of Rs 589.30, a level seen on December 6 last year.
Madhya Pradesh Osho Krishan Shiju Koothupalakkal Gautam Adani Adani Power Ltd Mahan Energen Ltd

Ambani-Adani strategic collaboration: Reliance to acquire 26% stake in 600MW Mahan Energen power unit for Rs 50 crore

Mahan Energen has agreed to allot 50 million equity shares of Rs 10 face value each to RIL at par, Reliance said in a regulatory filing. “The proposed investment by the company is in compliance with the provisions of the Electricity Rules, 2005,” it said. RIL did not disclose any specific purpose for signing the power purchase agreement.
Madhya Pradesh Mukesh Ambani Pranav Adani Mahan Energen Adani Group Adani Enterprises

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