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SJVN Bags 100 MW Solar Project Worth Rs 550 Cr

Company aims to achieve its mission of 12,000 MW by 2026 and its shared vision of 25,000 MW by 2030 and 50,000 MW installed capacity by 2040    A major 100 MW solar project worth Rs 550 crore was won by state-owned SJVN in an e-reverse auction run by Gujarat Urja Vikas Nigam. According to a business […]

Renewable Energy Investment Soars, Anticipated to Surge by 83% to Reach $16.5 Billion in 2024

Apart from solar and wind energy, India has increased its focus on green hydrogen in a big way to reduce dependence on fossil fuels, mainly diesel, which is required for long-haul vehicles   According to the power ministry’s most recent forecasts, India is expected to witness a notable 83 per cent increase in investments in renewable […]

Air Pollution & Depression: NGT Imposes Rs 25k Cost On MoEF&CC For Unclear Response On Steps Taken

The Tribunal observed that despite repeated queries, counsel for MoEF&CC could not enlist a single step taken by the Ministry for effective control of air pollution    The Ministry of Environment, Forests and Climate Change (MoEF&CC) has been fined Rs 25,000 by the National Green Tribunal’s (NGT) major bench in New Delhi for failing to […]

Apraava Energy Secures 300 MW Wind Energy Project In Karnataka

The construction of the project will be completed within the stipulated timelines as per the Power Purchase Agreement (PPA), which is for a period of 25 years at a competitive tariff of Rs 3.24/kWh, it said in a release    The 300 MW wind energy project in Aski, Karnataka, has been awarded to Apraava Energy, […]

Govt Plans Financial Support For Coal Gasification Projects, Higher Production In 2024

The ministry of coal has set a target to gasify 100 Million Tonnes (MT) of coal by FY 2030 in line with its energy transition plans    The government revealed the main priorities for the coal sector in 2024 in an attempt to fulfil the growing demand for electricity. The agenda, which is centred on […]

Historic MoU Signing Unleashes Rs. 24,707 Crores Investment And 38,000 Jobs: VGGS 2024

Under the leadership of Prime Minister Narendra Modi, the Vibrant Gujarat Global Summit (VGGS) 2024 heralds a new era of economic prosperity with 30 groundbreaking MoUs inked in Gandhinagar. Ministers Balvantsinh Rajput and Kunvarji Bavaliya witness a transformative collaboration poised to generate employment and boost Gujarat’s growth   In a pivotal moment for Gujarat’s economic […]

Green Horizon Rounded Up – Milestones in 2023 Shaping A Sustainable Tomorrow

From COP28’s climate summit to India’s Bio-fuel Alliance to G20’s Green Pact, 2023 has been a mixed bag for the sustainability sector   Amidst the persistent obstacles caused by climate change, evolving energy transitions, and geopolitical tensions, the year appeared to have the potential for constructive transformation– a belief that was recognised by a significant […]

Hybrid Cars Gain Traction As Enthusiasm Ebbs For Electric Vehicles

Hybrid cars have the potential to assist the auto industry in reducing short-term fuel and emissions while easing consumers into the electrification of their vehicles    There has been a shift in the Indian market’s ‘buying intent’ for electric automobiles, according to a recent Deloitte survey. Even though the decline is slight, the results show that […]

IOC, BPCL, HPCL in talks to raise Rs 5,500 crore by securitising licence fee

The government has been pushing state-run oil companies for years to monetise their assets to raise resources that can be deployed in new projects  The companies Indian Oil, Bharat Petroleum and Hindustan Petroleum are actively pursuing conversations to securitise the licence fees they get from their gas station dealers in an attempt to earn 5,500 […]