Russia-backed Indian refiner Nayara Energy has named a new chief executive after its previous CEO resigned following European Union sanctions that targeted the company, four sources with knowledge of the matter said on Friday.
India has achieved its 20% ethanol blending target with petrol, five years ahead of the 2030 schedule. This accomplishment, driven by government policies, has significantly boosted ethanol production and reduced carbon emissions. The program has also provided substantial financial benefits to farmers and distilleries, while saving India considerable foreign exchange costs.
JSW Neo Energy has secured a 25-year Power Purchase Agreement with SECI to supply 230 MW of Firm and Dispatchable Renewable Energy at Rs 4.98 per kWh. This marks JSW Energy’s first FDRE project PPA, boosting its under-construction capacity to 12.9 GW and locked-in generation capacity to 30.2 GW. The company aims to achieve 30…