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Solar to Generate 18% of India’s Electricity by 2030: Report

Currently, only 6 per cent of electricity is sourced from solar. Moreover, renewables will account for 50 per cent of the world’s electricity by 2030 due to clean energy technologies such as solar, wind, EV, and heat pumps   The International Energy Agency (IEA) has predicted that 18 per cent of India’s electricity will be generated by solar sources by 2030. Currently, only 6 per cent of […]

India Ranks 24th In Hinrich-IMD Sustainable Trade Index 2023, New Zealand Tops The Chart

The International Institute for Management Development (IMD) and the Hinrich Foundation  present the 2023 edition of the Hinrich-IMD Sustainable Trade Index (STI). This year’s release casts a spotlight on a global shift towards “slowbalisation” in the post-pandemic world marked by geopolitical uncertainties     The STI data shows a concerning deterioration in non-tariff barriers and […]

PMI Electro Mobility Solutions Secures Rs 250 cr Investment To Bring Tech Advancements To Its Production Capabilities

The funds are planned to be strategically utilised in developing innovative solutions, bring technological advancements to the company’s production capabilities and scale its operations   Electric bus maker PMI Electro Mobility Solutions on Wednesday announced raising funds in the form of strategic investment to the tune of Rs 250 crore from Piramal Alternatives, the fund […]

Electric Cars To Increase By Almost 10 Times By 2030: International Energy Agency

The investment in new offshore wind projects would go up by three times by 2030 in new coal- and gas-fired power plants, the report mentioned  The International Energy Agency (IEA) has underscored that the energy landscape is poised for significant transformation by 2030, as per current policy settings. Notable shifts include an anticipated tenfold increase […]

Cabinet Approves Rs 20,773.70 Crore For Green Energy In Ladakh

This  project will establish an inter-state transmission system catering to a whopping 13-gigawatt renewable energy initiative in Ladakh         In a significant development  for India’s green energy aspirations, the Cabinet Committee on Economic Affairs, led by Prime Minister Narendra Modi, has granted approval for the Green Energy Corridor Phase-II. This ambitious initiative aims […]

Coal Ministry Reviews more than One lakh files during second and third weeks of Special Campaign 3.0

The campaign has also seen the construction of rainwater harvesting structures at various locations, including the Rajmahal area, the CISF camp at Sonepur Bazari area, and the Mugmu area. A cleanliness drive at 62 different locations garnered significant success with enthusiastic participation from all stakeholders  During the second and third weeks of the Implementation Phase […]

Total Coal Stock Surges to 71.35 MT on October 21, 2023, Marking a 12.73% Production Growth from Last Year’s 60.44 MT

Coal Supply is more than Consumption. Strategy in place to Ensure Normal Production during Festival Season. Coal Ministry Ensures Close Coordination with Railways & Power Sector     Pursuant to the most recent data, the country’s coal production increased by 12.73 per cent  from the same time last year to October 21, 2023, the end of […]

August 2023 Witnessed 12.3% Surge in Mineral Production

Bauxite decreased by 1.5 per cent, Zinc Concentrate declined by 4.1 per cent, Lignite production saw a decrease of 5.4 per cent, and Lead Concentrate recorded a significant drop of 15.1 per cent   The latest data from the Indian Bureau of Mines (IBM) reveals a notable surge in the index of mineral production within […]