IREDA to Launch Retail Subsidiary for Green Energy
The Indian Renewable Energy Development Agency Limited (IREDA) has received approval from the Department of Investment and Public Asset Management (DIPAM) to set up a fully controlled retail subsidiary. This subsidiary will focus on developing retail business within...
India Boosts Hydropower with New Budget Support
India's government is working hard to speed up the development of the country's hydropower sector. Recently, the union cabinet announced changes to the budget support scheme to boost hydropower projects. The government has set aside ₹12,461 crore to help build...
Global Renewable Energy Set to Surge by 2030: IEA Report
According to a new report from the International Energy Agency (IEA), the world’s renewable energy capacity is expected to grow significantly by 2030. The Renewables 2024 report shows that over 5,500 gigawatts (GW) of renewable power will be added globally between...
India Leads The Way in Renewable with 175% Rise
Union Minister of New and Renewable Energy, Pralhad Joshi, said at the Hamburg Sustainability Conference in Germany that India has made impressive progress in its shift towards renewable energy and green shipping. He emphasized that India is now a global...
Investments of Rs 1,850 Crore Committed to Biogas Sector- REI Expo 2024
At the Renewable Energy India (REI) Expo 2024, held from October 3-5 in Greater Noida, investments worth Rs 1,850 crore were committed for India's biogas sector. IBA Chairman Gaurav Kedia said the investments came in the form of joint ventures, MoUs, and Letters of...
India Targets Strong Renewable Energy Ties
India's Union Minister of New and Renewable Energy, Pralhad Joshi, is set to attend the Hamburg Sustainability Conference in Germany from October 7-8, 2024. This global event will bring together leaders from various countries to discuss sustainable practices and...
Solar Power To Boost Indian Healthcare Research
The Indian Council of Medical Research (ICMR) signed an agreement (MOU) with NVVN (NTPC Vidyut Vyapar Nigam) to install solar panels at 15 ICMR institutes across the country. This step will help reduce the carbon footprint within the Indian Healthcare and research...
India Joins International Energy Efficiency Hub
The Indian government, led by Prime Minister Narendra Modi, has again taken another step in energy efficiency. The Union Cabinet approved India's signing of a "Letter of Intent" to join the International Energy Efficiency Hub. The aim is to show that India is...
India Set to Become a Hub for Green Shipbuilding
According to experts in the maritime industry, India has great potential to become a global center for green shipbuilding. India’s government has been focusing on developing substitute and renewable energy sources, which makes it an ideal place for eco-friendly...
PM E-DRIVE Scheme Launched to Boost EV Adoption and Infrastructure
The government of India launched the PM E-DRIVE Scheme with a budget of ₹10,900 crore to boost the use of electric vehicles (EVs), set up charging stations, and support EV manufacturing in India. This scheme will run from October 1, 2024, to March 31, 2026, replacing...