INDIA RENEWABLE TARGET
Budget 2024 may see Modi government continue its pitch for India's green energy ambitions BUDGET EXPECTATIONS: Industry experts anticipate the Union Budget 2024 will maintain the Modi government’s focus on renewable energy, emphasizing policy stability and increased investment. Sharad Mahendra of JSW Energy underscores the need for consi...
05 Jul, 2024, 09.49 AM ISTTransforming India's power grid: Highlights from the Transmission & Distribution Conclave 2024 The conclave that took place at KSH Infra Park in Pune, Maharashtra on June 13, brought together industry leaders, experts, and enthusiasts to explore the transformative possibilities within the transmission and distribution industry.
02 Jul, 2024, 04.20 PM ISTJSW Energy inks power purchase agreements via its arms for 1,325 MW renewable projects JSW Energy has signed power purchase agreements with subsidiaries for wind and solar projects, totaling 1,325 MW. This brings the company's total locked-in capacity to 13.6 GW. The agreements account for 36% of the company's pipeline capacity, aimin...
26 Jun, 2024, 09.37 PM IST- ADVERTISEMENT
Brookfield targets USD 10 billion investments in renewable sector Canada’s Brookfield Asset Management plans to triple its investments in India’s renewable energy sector to over $10 billion within the next three to four years. The firm is also exploring opportunities in electric vehicles and green hydrogen. With a...
25 Jun, 2024, 11.24 AM ISTIndia set to see biggest jump in coal-fired power in a decade India is set to add 15.4 gigawatts of new coal power capacity this year, the most in nearly a decade, to meet rising electricity demand. Despite clean-power goals, coal remains vital due to economic growth and severe heat waves. Challenges in energy...
19 Jun, 2024, 11.57 AM ISTRoads, renewables and real estate investments to go up by 38% in FY’25 and FY’26 to Rs 15 lakh crore: CRISIL Ratings In its annual Infrastructure Summit 2024, CRISIL Ratings said the surge will ride on India’s need for creation of sustainable infrastructure by adding more green power to the energy mix, improving physical connectivity through a denser road network,...
18 Jun, 2024, 02.27 PM ISTIndia likely to add 30-35 GW renewable capacity in FY25 India is set to add 30-35 GW of renewable energy capacity this financial year, surpassing last year's 18.4 GW addition. Renewable sources contributed 71% to the 26 GW power generation capacity added in FY24.
18 Jun, 2024, 12.30 AM ISTCleanMax Enviro Energy targets 3000 MW capacity by 2026 CleanMax Enviro Energy Solutions, backed by Brookfield Renewable, aims to increase operational capacity to over 3,000 MW by June 2026. The company has expanded to 8 states in India, with significant growth in commercial and industrial segments.
14 Jun, 2024, 02.11 PM ISTIndia to spend up to $385 bln to meet renewable energy target, Moody's Ratings estimates India needs $385 billion for 500 GW renewable energy by 2030. Coal remains key for next decade. Adani Group plans to generate 45 GW of renewable power by 2030 to support India's transition to net-zero by 2070.
06 Jun, 2024, 01.36 PM ISTJob demand in renewable energy sector surges 23.7 pc in FY24: Report The renewable energy sector is seeing a rise in demand for roles like solar PV technicians, wind turbine installers, roofers, and storage operators, in addition to a decline in attrition rates to 33.5% in FY24.
05 Jun, 2024, 11.15 PM ISTCairn Oil & Gas targets net zero by 2030 Cairn Oil & Gas, part of Vedanta Group, aims to achieve net zero by 2030 through renewable energy initiatives like sourcing 70 MW of renewable energy and installing solar rooftops in Rajasthan and Gujarat. Moreover, the group also aims to achieve ne...
03 Jun, 2024, 08.32 PM ISTBillionaire Gautam Adani’s green targets questioned in Snowcap analysis The company “can meet just 50% of its 50GW target funding requirement by 2030 without raising equity, despite claiming this target is ‘fully funded’,” Snowcap said.
30 May, 2024, 03.35 PM ISTRich nations met $100 bn climate finance goal two years late: OECD Wealthy countries finally met the $100 billion annual climate aid target for poorer nations in 2022, two years late, as per the OECD. The delay has damaged trust in climate negotiations as nations aim for a more ambitious goal by November. However, ...
29 May, 2024, 04.41 PM ISTCandidates of strong directional move on 4th June: 5 PSU stocks which have benefited the most due to government policy push and spending In the last two years, it is a well known fact that every PSU stock has been re-rated by the street, right from perennial under-performers like oil marketing and refining oil companies to PSU banks. But if one looks a bit deeper there are some whic...
27 May, 2024, 11.02 PM ISTGreen energy will help fight pollution and create jobs in India India, committed to climate mitigation programme, today stands 4th globally in renewable energy installed capacity, 4th in wind power capacity and 5th in solar power capacity, as per International Renewable Energy Agency - Renewable capacity statist...
25 May, 2024, 06.30 PM ISTStock Radar: Multibagger returns in less than 1 year! This green NBFC player is poised for continued growth IREDA has rallied by about 190% since its November 2023 listing. After reaching 215 in February, the momentum in the stock fizzled out. It continued to drift lower and found support above 120 levels in March. The stock is trading well above most of ...
24 May, 2024, 05.00 AM ISTTata Power plans 66 pc higher capex at Rs 20,000 cr in FY25; to spend 50 pc on renewable energy projects Tata Power plans a 66% higher capital expenditure of Rs 20,000 crore to focus on energy transition and net-zero emissions. The company aims for 70% capacity from non-fossil-based fuels by 2030.
08 May, 2024, 07.57 PM ISTSouthern India can Lead India's pursuit of 500GW renewable target by 2030: Experts and industry players Southern states like Karnataka, Kerala, Tamil Nadu, Andhra Pradesh, and Telangana hold immense solar and wind energy potential. However, realizing this potential requires substantial investment in strengthening transmission infrastructure.
01 May, 2024, 01.47 PM ISTIndia expects annual power output to grow at fastest in over a decade India anticipates a 9.3% increase in power generation to 1,900 billion kWh by March 2025, the fastest growth since 2011/12. Factors include searing heatwaves, economic activity uptick, and projected above-average monsoon rains. Fossil fuel-fired pow...
26 Apr, 2024, 03.09 PM ISTIndia can easily surpass 500 GW RE target before 2030: Official India is poised to exceed its 500 GW renewable energy target before 2030, according to Ministry of New and Renewable Energy (MNRE) Additional Secretary Sudeep Jain. India currently ranks fourth globally in installed renewable energy capacity. Jain e...
27 Mar, 2024, 11.27 PM IST