Vedanta pledges ₹50,000 cr for Assam's oil & gas boom

Vedanta Group’s Cairn Oil & Gas commits ₹50,000 crore to oil and gas exploration in Assam and Tripura, enhancing local infrastructure with world-class E&P facilities. Prominent initiatives include setting up Nand Ghars, handloom skill centers, and digital classrooms. The project is set to produce 100,000 barrels per day, creating significant employment opportunities and promoting clean energy.

Sterlite Power creates separate brands for transmission, manufacturing

Sterlite Power has introduced two new corporate brands: Resonia for its transmission infrastructure business and Sterlite for manufacturing and services. This follows the demerger of its transmission operations and positions both entities to harness opportunities in the global energy transition. Resonia will focus on expanding transmission networks, while Sterlite will handle high-performance conductor and cable manufacturing.

NTPC, EDF India collaborate for PSP, hydro projects, to explore avenues in distribution

NTPC and EDF India have partnered to develop, own, and operate pumped hydro storage and other hydro projects, leveraging renewable energy. They plan to form a joint venture company pending government approval to work on these projects in India and neighboring countries, as well as explore distribution business opportunities.