AMMONIA
ET Interview: Andhra Pradesh plans rule to ringfence investments from political flux, says CM Naidu
Andhra Pradesh Chief Minister N Chandrababu Naidu said the state will introduce an Investment Protection Act to ensure that future governments cannot reverse incentives, land allotments, approvals or other commitments made to investors.
Green hydrogen demand slump delays electrolyser projects to August 2027
Weak demand for green hydrogen is prompting nearly half-a-dozen companies to defer commissioning their electrolyser manufacturing facilities from December 2026 to August 2027, with MNRE allowing them to retain eligibility under the PLI scheme. The delay reflects slower-than-expected order flows, as green ammonia projects awarded under the government’s green hydrogen programme are yet to reach financial closure and place orders.
NTPC sole applicant in second round of coal gasification scheme
The second round of applications for the coal gasification scheme saw participation from only NTPC Ltd. In contrast, the first round attracted five companies, highlighting a change in interest levels. The scheme aims to reduce import dependence while supporting the production of industrial feedstocks from domestic coal. NTPC's involvement is considered a positive sign amidst limited interest from other firms.
Waaree Energies to invest 15,000 cr in green ammonia project in Andhra
Waaree Energies will invest approximately ₹15,000 crore to establish a green ammonia project in Andhra Pradesh. The facility will have an annual production capacity of 1.2 million tonnes and will be positioned strategically near the Kakinada Gateway Port. An MoU will be signed at the Andhra Pradesh Investment Summit later this week to formalize the investment. The project has received approval under the Andhra Pradesh Integrated Clean Energy Policy, 2024.
Growing demand, demographics, digital agenda & energy security are long-term and secular tailwinds for India: Macquarie’s Ed Northam
Head of green Investments for the Australia’s largest asset manager said the firm is looking to reboot its India operations. While renewables will remain the biggest focus, industrial energy transition and E-mobility will be other key areas, he said. Since 2005, Green Investments group has deployed over $21 billion across 94 investments worldwide.
Delhi AQI at 3,000 or 300? Why different apps are showing different pollution levels
Delhi's air pollution readings have sparked confusion as government and independent monitoring platforms report sharply different AQI figures, ranging from the 300s to over 3,000. Differences in AQI calculation methods, averaging periods, monitoring networks and sensor technology explain why apps show varying numbers. Here's why Delhi's AQI readings differ and how PM2.5 levels can provide a clearer picture of air pollution.
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Dead animals, swollen eyes, rat poison: Ohio breeder hid 800 chinchillas from inspectors for years; over 1,100 surrendered after shocking discovery
Dead animals, swollen eyes and open packets of rat poison were among the disturbing conditions uncovered at an Ohio chinchilla breeding facility. Federal inspectors also discovered that the breeder had allegedly hidden around 800 chinchillas in a separate building for years to avoid inspections. Following a federal investigation and a court-approved settlement, R & R Chinchilla Inc. has agreed to surrender more than 1,100 animals.
USDA revokes James Ritterspach's licence after over 1100 chinchillas rescued from Ohio breeder
In a concerning case of animal neglect, James F Ritterspach, the owner of R & R Chinchilla Inc., faced the permanent revocation of his breeding license. Inspections by the USDA uncovered severe neglect, revealing over 1,100 chinchillas imprisoned in hazardous living conditions. To further escalate the situation, Ritterspach attempted to conceal additional chinchillas and neglected their fundamental care.
India's renewable sector attracts investments worth $67 billion in last 2 years: Pralhad Joshi
The sector is growing at a fast pace in India and will play an important role in meeting the country's future power demand, the Minister for New and Renewable Energy (MNRE) said while addressing the Bharat Renewable Energy (BRE) Summit & Expo 2026 in the national capital.
Why is Adani betting $3.4 billion on global energy trade chaos?
Adani Group is reportedly exploring a $3.4 billion acquisition of Dutch energy storage giant VTTI as global oil supply disruptions reshape energy trade. With terminals across 16 countries, VTTI could expand Adani Ports' international footprint, strengthen crude oil storage and logistics capabilities, and unlock opportunities in fuel trading, biofuels, hydrogen infrastructure and global energy supply chains amid geopolitical uncertainty.
Delhi's pollution puzzle: New study to reveal what's changed in a decade
A comprehensive study will evaluate how pollution sources in Delhi have changed over the past decade. This initiative employs high-resolution mapping and local data to generate updated emission inventories. The project aims to provide assessments for 2030, 2035, and 2040 under various mitigation scenarios. A consortium of institutions is leading the effort to enhance air quality management in the region.
Oregon City Newport on high alert, issues evacuation order over possible ammonia leak
Ammonia is a colorless gas with a sharp odor. High levels of exposure can cause skin, eye and throat irritation, according to the Centers for Disease Control and Prevention.
Delhi's decades-long battle against air pollution: From dusty skies to AI-powered monitoring
Delhi has faced significant air pollution issues, prompting numerous studies and legal actions over the decades. Interventions such as the shift to CNG buses and the implementation of the odd-even scheme aimed to reduce emissions. The Supreme Court and various agencies have consistently pushed for improved air quality regulations and monitoring. Recent technological advances include AI-powered cameras and additional air quality monitoring stations across the city.
Union agriculture minister launches campaign to promote sustainable farming
Union Agriculture Minister Shivraj Singh Chouhan has inaugurated the 'Khet Bachao Abhiyan,' a campaign dedicated to advancing sustainable farming techniques across the nation. Its goals include enhancing soil health and encouraging efficient resource use.
BCGCL starts construction work on Rs 25,000 cr gasification project, Rs 15k cr work awarded
Bharat Coal Gasification and Chemicals Ltd has begun construction for a significant coal gasification project in Odisha. The project involves an investment of Rs 25,000 crore, aimed at producing technical grade ammonium nitrate. Most tenders have been awarded, with Rs 15,000 crore worth of contracts already distributed. Major work is divided between BHEL and Larsen & Toubro for specific project packages.
These mid-caps have ‘strong buy’ & ‘buy’ recos and an upside potential of over 25%, according to analysts
The last few weeks have made one thing clear. Oil prices, US bond yields, corporate earnings, and the state of the world – all point the same way. So, the market is more likely to stay in this jumpy and uncertain mood for quite some time. But then there is something called history, and it provides some interesting lessons.
Fertiliser stocks: Combination of strong headwinds and structural repair. Who will win? 9 stocks, 4 with upside potential of up to 31%
For the better part of a decade now, every time this critical sector has run into trouble, the government has stepped in. The clean-up began with small steps. The mandatory coating of urea with neem was an early one. It was a measure that was not financial on the face of it; but it changed the sector’s economics by stopping the diversion of subsidised fertiliser to other uses.
KKR to invest over ₹6,000 crore in Petronas India RE arm
KKR plans to invest more than ₹6,000 crore in Gentari Renewable India, which is Petronas' renewable energy unit. The funding aims to support the expansion of its renewable energy and green hydrogen projects. Gentari has previously acquired a 1.6 gigawatt renewable energy portfolio and is seeking financial partners. This investment will also facilitate the acquisition of stakes in existing joint ventures in India.
Aegis Logistics to acquire 89.8% stake in Dubai-based Tristar Holdings for $809 million
Aegis Logistics is set to acquire 89.8% stake in Tristar Holdings, based in Dubai, for $809 million. The deal seeks to strengthen Aegis's global footprint in liquid logistics and creating new avenues for business growth. The acquisition is expected to complete by the fourth quarter of FY27.
NTPC in talks with Japan, South Korea, Germany for green fuel exports
NTPC is currently engaged in discussions with potential buyers from Japan, South Korea, and Germany. The company aims to establish a green hydrogen hub in Andhra Pradesh for producing green ammonia and methanol. These green fuels are becoming increasingly important for industries seeking to reduce emissions effectively. With government support of approximately $2.1 billion, India plans to produce five million metric tons of green hydrogen annually by 2030.
Swan Defence shares rise 4% to hit 52-week high on Rs 1,897 crore tanker order prospect
Swan Defence and Heavy Industries shares rose after the company emerged as the lowest bidder for a Rs 1,897 crore order to build four medium-range product tankers. The proposed contract could strengthen its order book amid India's push to revive domestic shipbuilding.
Swan Defence and Heavy Industries Ltd set to win Rs 1,897 crore tanker order
Swan Defence and Heavy Industries Ltd is set to secure a major contract with state-owned companies for the construction of four dual-fuel ready Medium Range product tankers. By offering a more competitive price than Cochin Shipyard Ltd, SDHI has positioned itself favorably. This upcoming order not only bolsters the company’s portfolio since it resumed operations but also heralds a new era for India's shipbuilding sector, propelled by government support.
Gujarat State Fertilizers and Chemicals seeks partner for green ammonia factory in Gujarat
Gujarat State Fertilizers and Chemicals is embarking on an ambitious project to establish a green ammonia plant capable of producing 500,000 tonnes annually. With a target commissioning date set for December 2030, the company actively seeks partnerships both domestically and internationally, emphasizing a focus on renewable energy technologies. Additionally, GSFC aims to penetrate export markets in Europe, Japan, and South Korea, securing up to 51% equity in this joint venture.
Adani Enterprises has finally got strong winds filling its sails
Adani Enterprises’ outlook is improving as several incubated businesses reach commercial scale. CARE Ratings has upgraded AEL to AA, citing stronger financial flexibility after its ₹15,000-cr QIP and Adani Airports monetisation. Airports, Kutch Copper and roads are expected to drive FY27 earnings, while data centres, new energy, defence and aluminium offer longer-term growth.
Kandla Port courts global hydrogen firms for green-fuel, shipping projects
The Kandla Forum 2026, hosted by Deendayal Port Authority, brought together over 200 professionals from the clean-energy sector, both globally and locally, to foster investments in green fuel and innovative technologies. The forum focused on enhancing Kandla's green-hydrogen infrastructure for maritime applications, showcasing cutting-edge solutions through a technology exhibition. This event signifies a crucial stride towards achieving India's green-energy objectives and minimizing carbon footprints.
It’s safety first for gas suppliers at Semicon Inc
Suppliers want detailed guidelines from the Petroleum and Explosives Safety Organisation (PESO), without which they believe commercial hubs face heightened risk of leaks, fires and process disruption.
L&T in talks to sell minority stake in clean energy arm to Japan's Itochu; eyes Kandla as green ammonia export hub
Larsen & Toubro is in talks with Japan’s Itochu Corporation for equity participation in its wholly owned clean energy arm, alongside a green ammonia offtake partnership. L&T is developing a 300,000-tonne-a-year project at Kandla, Gujarat, which it sees as a strategic export hub for green hydrogen derivatives.
Linde deepens its India semiconductor footprint, locks in Sanand land parcel
The US-German company has acquired a land parcel in Sanand, Gujarat, for establishing its second facility in the region to capitalise on the state's emergence as a chip packaging centre, top company executives told ET. Linde is currently building an air separation unit in Dholera, Gujarat to service an upcoming semiconductor fab of the Tata Group. It also has an air separation plant in Dahej and packaged gases unit in Ahmedabad.
Stocks in news: Adani Power, SAIL, BCCL, SAIL, Cupid and CleanMax Enviro
Indian equity benchmarks experienced an increase on Friday, noting that volatility in crude oil and bond yields affected investor sentiment. The Nifty 50 and Sensex closed higher, although gains were limited due to market conditions. Several companies, including Adani Power and SAIL, are expected to be in focus following corporate developments. Notably, Adani Power completed a merger of subsidiaries, while SAIL signed a memorandum for coal block development.
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