New Delhi : Noting that India is the only major nation that will achieve most of the COP 21 climate change goals set for 2030 a full eight years ahead of schedule, Adani Group Chairman Gautam Adani on Wednesday said that climate justice must also mean that the well-being of the developed is not at […]
Cabinet Approves Revamped Distribution Sector Scheme: A Reforms Based And Results Linked Scheme
The Union Cabinet, chaired by the Prime Minister, Shri Narendra Modi has approved a Reforms-based and Results-linked, Revamped Distribution Sector Scheme. The Scheme seeks to improve the operational efficiencies and financial sustainability of all DISCOMs/ Power Departments excluding Private Sector DISCOMs by providing conditional financial assistance to DISCOMs for strengthening of supply infrastructure. The assistance […]
‘India poised to be top EV manufacturing hub’
Govt working to help the industry by framing favourable policies: Gadkari New Delhi: With the cost of developing and operating electric vehicles (EVs) expected to decline substantially with a drop in prices of lithium-ion batteries, India is likely to become a leading hub for manufacturing EVs and EV components, said Nitin Gadkari, the Union minister […]
PLI Scheme ‘National Programme on High Efficiency Solar PV Modules’ Approved by Cabinet
Cabinet approves Production Linked Incentive scheme ‘National Programme on High Efficiency Solar PV Modules’ The Cabinet, chaired by Prime Minister Shri Narendra Modi, has approved the Ministry of New & Renewable Energy’s proposal for implementation of the Production Linked Incentive (PLI) Scheme ‘National Programme on High Efficiency Solar PV (Photo Voltic) Modules’ for achieving manufacturing […]
India, United States to revamp energy ties; to focus on cleaner energy sectors
The two nations will intensify efforts to take advantage of advanced US technologies and India’s rapidly growing energy market, the statement said. New Delhi: India and the United States have agreed to revamp their strategic energy partnership with a greater focus on cleaner energy sectors, an official statement said. Oil Minister Dharmendra Pradhan on Monday […]
India, Bangladesh for removing non-tariff barriers; greater ties in energy, connectivity
Both sides expressed satisfaction at the robust cooperation in the power and energy sector, including between the private sectors New Delhi: India and Bangladesh on Saturday emphasised the need for removing non-tariff barriers to enhance bilateral trade as the two neighbours agreed for greater cooperation in energy and connectivity as well as speedy conclusion of […]
Six charts show how hard it is for India to hit net zero by 2050
The world’s third-biggest emitter has to meet the aspirations of 1.4 billion people for faster economic development, which will only happen with an accelerated pace of industrialization and energy demand. New Delhi: Top Indian government officials are debating whether to set a target for net-zero greenhouse gas emissions by 2050. Doing so would mean an […]
AIPEF urges PM to consult all stakeholders on Electricity (Amendment) Bill 2021
AIPEF Chairman Shailendra Dubey said Power Minister R K Singh held a video conferencing with power secretaries and CMDs (heads) of power utilities to discuss the proposed changes in the Electricity Act 2003. The All India Power Engineers Federation (AIPEF) on Wednesday said it has urged Prime Minister Narendra Modi to consult all stakeholders on […]
Goldman-Backed ReNew Power Is Said to Near Deal with RMG II SPAC
ReNew Power, India’s biggest renewable power producer, is nearing an agreement to merge with blank-check company RMG Acquisition Corp. II, according to people familiar with the matter. The deal would give Goldman Sachs Group Inc.-backed ReNew an enterprise value of $8 billion, said the people, who asked not to be identified because they weren’t authorized […]
PM Shri Narendra Modi inaugurates POWERGRID’s 320 kV 2000 MW Pugalur – Thrissur HVDC project
POWERGRID project to enable transfer of 2,000 MW of additional power to Kerala: Power Minister R.K. Singh PM also dedicates 50 MW Kasaragod Solar Power Project implemented by THDC India Ltd. to the Nation The Prime Minister, Shri Narendra Modi inaugurated today POWERGRID’s 320 kV 2000 MW Pugalur (Tamil Nadu) – Thrissur (Kerala) HVDC project […]