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Zoomcar Partners With SPARKCARS For EV Self-Drive, To Add 1,000 Cars In 2 Years

The partnership will help increase the supply of EV cars available for self-drive to meet the growing needs of convenient and independent travel Car sharing marketplace Zoomcar said it has partnered with electric vehicle self-drive rental firm SPARKCARS with a plan to introduce over 1,000 EVs on its platform across India within the next two […]

BCG Managing Partner, Sankash Venkatesh at IEW

Becoming A 7 Trillion Economy by 2030 Through Stronger Partnerships

This year saw the 2nd edition of the India Energy Week, which achieved greater heights by being “larger, better, and stronger”. It gave a platform to a diverse energy diaspora to interact and share their challenges.   In a recent interaction with BW Businessworld, Sankash Venkatesh, Managing Director and Partner, Bengaluru, Boston Consulting Group, shared […]

Climate Action Front and Center: COP Rejects Cop-outs

Unprecedented global Climate challenge demands urgent emission cuts and puts renewables at the forefront COP 28, which starts in Dubai on 30 November and lasts for two weeks, will put the nation’s determination to the test more than any recent United Nations Framework Convention on Climate Change (UNFCCC) meeting. This year’s global temperatures have surpassed all previous records, and 2023 appears to be […]

Foreigners Interested In Setting Up Base In India Worried About Air Pollution: German Official

The German official said his country welcomes India’s National Clean Air Programme, which aims to reduce air pollution in 131 cities across the country, according to media reports   Air pollution emerges as a significant concern for potential foreign investors eyeing a foothold in India, according to insights shared by a German Embassy official. Speaking […]

RBI Governor Calls For International Cooperation To Achieve Environmental And Economic Equality And Stability

He reiterated the importance of factoring in the potential financial stability implications of the green transition and chalking out an effective global cooperation and coordination strategy to deal with the multiple challenges afflicting the global economy   RBI Governor Shaktikanta Das emphasised the unequal distribution of green capital globally, highlighting its disproportionate concentration in advanced […]

Three COP Summit Hosts Unite To Raise Climate Ambition

Preparations for the 2024 and 2025 climate talks are taking place amidst a political push-back on climate action in some countries  The United Arab Emirates (UAE), host of the previous COP28 climate summit, along with Azerbaijan and Brazil, the upcoming hosts of the next two U.N. climate summits, announced on 13 February their collaboration to […]

To Boost And Enhance India’s Net-Zero Efforts And Green Finance, PFC And CEEW Join Hands

The purpose of this collaboration is to diversify PFC’s green portfolio and placing it as a key facilitator in India’s clean energy transition To enhance the commitment to become a leading financier for net-zero projects, Power Finance Corporation(PFC) has partnered with Council on Energy, Environment and Water. The purpose of this collaboration is to diversify […]

ArcelorMittal Nippon Steel Releases Climate Action Report

AM/NS India aims to achieve a 100 per cent green grid by 2030 through solar, wind and hydroelectric power investments  ArcelorMittal Nippon Steel India (AM/NS India), the joint venture between ArcelorMittal S.A. and Nippon Steel, has unveiled its inaugural Climate Action Report, signalling a significant commitment towards accelerating India’s development while mitigating carbon emissions. This […]

Ministry Reinstates Guidelines For Solar Module Procurement: ALMM Order To Resume In April 2024

The earlier Order stated that projects commissioned by 31 March 2024 will be exempted from the requirement of procuring solar modules from ALMM The Ministry of New and Renewable Energy (MNRE) has stated the reinstatement of the Approved Models and Manufacturers of Solar Photovoltaic Modules (ALMM) Order, effective from 1 April 2024. The directive issued […]

India Leading Global Efforts To Fight Climate Change

The Prime Minister extended greetings for the 23 edition of the World Sustainable Development Summit, which coincides with the 50 anniversary of TERI  Prime Minister Narendra Modi, in a written message for the inauguration of the World Sustainable Development Summit by The Energy and Resources Institute (TERI), emphasised India’s pivotal role in the global fight […]