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The government plans to add 5 GW of dual-use agrisolar capacity over three years, targeting a 25% cost-neutralization subsidy to boost farm incomes and ease land constraints. View More

KENT RO's new energy division has an annual capacity of 3.5 GWh at its Noida plant, with plans to expand to 10 GWh in six months as it enters the energy storage market View More

OpenAI will now have its models on all three of the top clouds, giving corporate developers more choice. View More

In this articleGOOGLFollow your favorite stocksCREATE FREE ACCOUNT OpenAI CEO Sam Altman delivers a keynote speech during OpenAI's annual DevDay event in San Francisco, California, US, September 29, 2026.Carlos Barria | ReutersOpenAI will make its artificial intelligence models available for developers through Google's cloud, following years of competition between the two companies.For OpenAI, the effort reflects a growing push to expand distribution of its technology to enterprise developers. That's critical as the ChatGPT creator looks to build its business beyond its consumer roots, and the move puts OpenAI's models on all three of the top cloud infrastructure providers. Less than six months ago, OpenAI said Microsoft would no longer have the exclusive license on its intellectual property. The day after that ended, cloud leader Amazon unveiled plans to host OpenAI models. Now Google is getting its shot, bringing OpenAI's GPT products to its cloud's model garden and Antigravity coding tool in the coming weeks. "Google Cloud's longstanding investment in machine learning and AI has made it a destination for AI workloads and the developers and data scientists building them," OpenAI said in a blog post.Google has been on a run in cloud computing this year. Annualized revenue growth in the segment accelerated to about 82% in the second quarter from 63% in the first quarter, thanks partly to strong demand for AI models and custom chips. Amazon and Microsoft posted second-quarter cloud growth of 37% and 42%, respectively. All three report quarterly results next week. Most business spending on AI is on OpenAI and Anthropic, according to data from corporate card issuer Ramp, though some corporate IT departments have integrated Google's Gemini models into their systems. In September, Google announced its next-generation Gemini 4 Argon model.OpenAI was founded in 2015 partly as a counterweight to the concentration of AI research at companies like Google. Two years later, Google employees submitted the influential Transformer academic paper that propelled AI, but it was OpenAI that helped bring the technology forward with ChatGPT. Now OpenAI is courting investors at a $1.4 trillion valuation and targeting an initial public offering. Google and OpenAI previously partnered last year, when the AI lab said it was using Google's cloud to run ChatGPT and its application programming interface.WATCH: Google broadens access to Gemini 4 Argon in bid to regain AI momentumwatch nowVIDEO1:4601:46Google broadens access to Gemini 4 Argon in bid to regain AI momentumHalftime Report Choose CNBC as your preferred source on Google and never miss a moment from the most trusted name in business news.

Nomura initiated coverage on Acme Solar with a Buy rating and ?505 target, citing its battery-storage plans, dispatchable renewable projects and development pipeline. It rated NTPC Green Energy Neutral at ?100, balancing growth potential against transmission constraints and execution risks. View More

India's coal-fired power plants are currently experiencing critical fuel shortages due to rising energy demands. This surge in electricity usage is attributed to unusually hot weather and insufficient hydroelectric output. The Central Electricity Authority has reported a significant increase in the number of plants with low coal stocks. Despite escalating power demands, coal supply has fallen by approximately 5% this month. View More

New Delhi: Half of India's 191 coal-fired power plants are operating with critically low fuel stocks due to a surge in power demand amid hotter-than-usual weather linked to El Nino, government data showed. * The number of power plants with critically low coal stocks - which only have enough fuel supply to generate power for less than three days - rose to 96 as of October 19 from 60 plants in mid-September, data from the Central Electricity Authority showed Also Read: India’s coal capacity plans face a major rethink as power demand soars * The shortages are occurring even as India's coal ministry said last week that it has ramped up supplies to power plants * India's total coal stocks at power stations have fallen by about 5% since the beginning of the month, the data showed Live Events * Daily peak electricity demand this year has been running about 45 gigawatts to 50 GW higher than a year earlier, partly because weaker monsoon rains reduced hydroelectric output and increased reliance on thermal plants * In September, the gap between India's power demand and electricity supply increased to 560 million kilowatt-hours (kWh), the highest since August 2023, even as coal-fired plants increased output to meet strong demand * Coal-fired generation rose 13.3% in September from a year earlier, while hydropower generation fell 20% from a year ago, the CEA data showed * India is adding renewable energy, with nearly 55% of power generation coming from non-fossil-based sources, but a lack of batteries to save the clean energy is driving the South Asian nation to depend on coal-based power during high-demand periods .Pbanner{display:flex;justify-content:space-between;align-items:center;background-color:#ec1c40;margin-top:20px;padding:5px 10px;border-radius:4px;color:#fff;line-height:10px;width: 100%;box-sizing: border-box} .Pbannertext{display:flex;align-items:center;font-size:16px;font-weight:600;font-family:'Montserrat';} .Pbannertext img{height:20px;margin:0 6px} .Pbannerbutton a{display:flex;align-items:center;background-color:#fff;color:#ec1c40;text-decoration:none;font-weight:600;padding:4px 8px;border-radius:6px;font-size:15px;font-family:'Montserrat';} .Pbannerbutton img{height:20px;margin-right:6px} .Pbannerbutton a:hover{background-color:#f7f7f7} Add as a Reliable and Trusted News Source Add Now! (You can now subscribe to our Economic Times WhatsApp channel) (You can now subscribe to our Economic Times WhatsApp channel)

The company cited power supply delays at its Melbourne facility amid local community and stakeholder opposition for lowering earnings forecast. View More

The logo of Australian data centre operator NextDC is seen on its Artarmon facility in Sydney on September 15, 2026. (Photo by Saeed KHAN / AFP via Getty Images)Saeed Khan | Afp | Getty ImagesShares of Australia's NextDC plunged 39.5% on Wednesday after the data center operator slashed its annual earnings forecast, citing power supply delays at its Melbourne facility amid local community and stakeholder opposition.The company lowered its fiscal 2027 revenue guidance to between $475 million Australian dollars and A$500 million, from A$615 million to A$640 million forecast earlier, while cutting its underlying earnings before interest, taxes, depreciation and amortization, or EBITDA, forecast to A$245 million to A$265 million from A$385 million to A$410 million. Stock Chart IconStock chart iconShares of NEXTDC on 22 Oct.The delays to power stem from the suspension of infrastructure upgrades at the company's M3 Melbourne data center amid community opposition, with electricity distributor Jemena not expecting to resume work before February 2027, according to NextDC.Jemena cited safety concerns and restricted access to work sites due to community opposition, as well as a lack of consent from the local council pending further community consultation.Citi said in a note that NextDC's power delays could affect earnings beyond fiscal 2027, citing delays to approvals for the M3 expansion and a longer-than-expected timeline for transformer upgrades.watch nowVIDEO1:5201:52Australia welcomes data centres if they ‘contribute to energy grid’: TreasurerSquawk Box AsiaAs Australia grapples with growing concerns over the impact of data center developments on local communities, Treasurer Jim Chalmers said the government was working to establish national standards for investment.Chalmers told CNBC's "Squawk Box Asia" on Wednesday that the government welcomes investment in data centers and AI infrastructure, provided it aligns with the country's national interest, adding that the government was finalizing national investment standards to address concerns surrounding AI deployment. Australia is not alone in facing opposition to data center projects, there has been growing push back against data center developments worldwide, amid concerns over their impact on local communities and the environment.NextDC shares have declined for seven straight weeks, and are on course to end lower for the eighth week. Choose CNBC as your preferred source on Google and never miss a moment from the most trusted name in business news.

The proposed central scheme aims to bridge the 25-30% higher cost of AgriPV projects, with capacity addition depending on states notifying feed-in tariffs, says MNRE Secretary View More

NTPC stock is showing early signs of a potential reversal, as it trades near its long-term support (200-week EMA) on the charts, says Sachin Gupta of Choice Broking. View More

Stocks to watch: HDFC Bank, ICICI Bank, YES Bank, Axis Bank, Bajaj Finance, DLF, OMCs, NTPC, Bajaj Auto, Oberoi Realty, and more stocks will be in focus today. View More

NTPC plans feasibility studies for nuclear power projects in more Indian states, including Uttar Pradesh. Assessments will consider water supply, land, population, environmental impact, transport, infrastructure, geology, costs, timelines, grid access and electricity demand. View More