BofA Buys Stake in Oriental Carbon, Stock Surges 20%
Bank of America (BofA) made a significant move in the stock of Oriental Carbon & Chemicals by acquiring 53,428 shares in the microcap company via a block deal on Monday. The shares were purchased at Rs 289.53 per share, with the total deal amounting to Rs 1.5 crore. This acquisition...
Can Green Iron Replace Australia’s Coal and Gas Exports?
Australia is exploring a potential alternative to its coal and gas exports by investing in green iron, a novel method of producing steel using renewable energy. This move could eventually replace the income generated from fossil fuel exports while significantly cutting down carbon emissions, potentially creating a $100 billion export...
SECL Aims for Net-Zero Status by 2030 with Bold Green Energy Push
One of Coal India's subsidiaries, Southeastern Coalfields Limited (SECL) is planning to achieve net-zero emissions by 2030, as stated by ANI. The move aligns well with the country's plan to attain net zero by 2070 and tries to balance the national energy demands with environmental stewardship. 700 MW Solar Target...
India Eyes ₹8,000 Crore Clean Energy Investment at IESW 2025
India is preparing to grab clean energy investments worth more than ₹8,000 crore at the forthcoming India Energy Storage Week 2025, taking place from July 8 to 10 in New Delhi. Organized by the India Energy Storage Alliance (IESA), this event will throw a spotlight on major sectors such as...