In Short : According to government data, India’s solar power generation grew at the slowest pace in six years in the first half of 2024, as the country further stepped up reliance on coal to address surging power demand,t the Reuters reported. Coal-powered electricity grew 10.4% during the six months ending June 30, a review […]
Union Budget 2024 Ratul Puri Calls for Policy Boost and AI Revolution to Achieve India’s Ambitious Power Targets – EQ
In Short : In the Union Budget 2024, Ratul Puri advocates for a significant policy boost and the integration of AI technology to help India meet its ambitious power targets. He emphasizes the need for strategic initiatives and technological advancements to drive the country’s energy sector forward, ensuring sustainable and efficient power generation to meet […]
Budget 2024: What does India’s power sector expects from FM Sitharaman – EQ
In Short : In Budget 2024, India’s power sector expects Finance Minister Nirmala Sitharaman to announce increased funding for green energy projects, support for domestic manufacturing, and incentives for technology adoption to enhance renewable capacity and grid resilience. In Detail : Ahead of the Union Budget 2024, reports suggest that the power sector is a […]
India’s solar output grows at slowest pace in six years in first half of 2024 – EQ
In Short : India’s solar output grew at its slowest rate in six years during the first half of 2024. This decline in growth highlights challenges in the solar sector, necessitating strategic measures to revitalize expansion and meet energy targets. In Detail : The share of the fossil fuel in power output rose to 77.1% […]
India’s power demand may cross 400 GW mark by 2031-32: Power Secretary – EQ
In Short : India’s power demand is projected to surpass 400 GW by 2031-32, according to the Power Secretary. This anticipated surge underscores the need for robust infrastructure and enhanced energy production capabilities to meet future requirements. In Detail : The government projection for this year’s peak power demand was 260 GW India’s peak power […]
Renewables can cut 17% of India’s heavy industry emissions by 2030 – EQ
In Short : Adopting renewable energy can reduce India’s heavy industry emissions by 17% by 2030. This shift to cleaner energy sources is crucial for lowering greenhouse gas emissions and supporting the nation’s climate action and sustainability goals. In Detail : Greening electricity use can reduce the 2030 emissions from India’s heavy industries by 17%, […]
India’s Net Zero Ambitions To Drive Copper Demand, Says HCL CMD
According to ICRA, domestic refined copper demand growth is expected to remain healthy at 11 per cent in FY25, outpacing the rate of global growth in copper demand, given the Centre’s thrust on infrastructure development and a gradual transition to renewable energy The demand for copper, a key component in electric vehicles, will go up […]
Navigating CBAM : Renewables Can Reduce 17% Of India’s Heavy Industry Emissions By 2030 – EQ
In Short : Navigating the Carbon Border Adjustment Mechanism (CBAM), India’s renewable energy adoption could reduce heavy industry emissions by 17% by 2030. This shift supports compliance with international standards and contributes to the country’s climate goals. In Detail : This is based on a new report from the energy think tank Ember As a […]
SJVN Green Energy Partners with AM Ammonia to Power India’s Green Hydrogen Future – EQ
In Short : SJVN Green Energy and AM Ammonia have partnered to advance India’s green hydrogen future. This collaboration aims to develop green hydrogen projects, fostering clean energy innovation and supporting the country’s transition to sustainable energy solutions. In Detail : New Delhi : In a monumental step towards advancing India’s renewable energy landscape, SJVN […]
JSW Energy developing India’s largest commercial-scale green hydrogen project – EQ
In Short : JSW Energy is developing India’s largest commercial-scale green hydrogen project. This initiative aims to produce green hydrogen for industrial applications, supporting the country’s transition to sustainable energy and reducing carbon emissions on a significant scale. In Detail : JSW Energy is developing India’s largest commercial-scale green hydrogen project, marking a milestone in […]