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Budget Increase For Environment Ministry In Fiscal Year 2024-25

The government has earmarked Rs 450 crore, a notable increase from Rs 350 crore in the previous fiscal year, for the integrated development of wildlife habitats   The Ministry of Environment, Forests, and Climate Change (MoEFCC) has been given a sum of Rs 3,265 crore in the recently presented interim Budget for the fiscal year […]

Tamil Nadu Invites Bids For 4 GW Offshore Wind Energy Projects

The offshore wind energy bids have been invited through the Solar Energy Corporation of India (SECI)   The building of 4 GW of wind energy projects off the coast of Tamil Nadu will begin with the opening of bids, as stated by the Indian government. The Ministry of New and Renewable Energy (MNRE) revealed that […]

Himachal Pradesh Takes Initiative In Fossil Fuel Reduction, States Chief Minister

The State Government is also strengthening the infrastructure for green mobility and six green corridors will be completed by the end of this current financial year   In an earlier statement, Himachal Pradesh Chief Minister Sukhvinder Singh Sukhu emphasised the important effects of the state’s initiative to adopt electric cars (EVs). Sukhu emphasised the achievement […]

Tata Motors Initiates Construction Of Gigafactory In The United Kingdom

Rerouting is adding about 10 odd days to the portfolio, and for specific lanes, the thick products, we are finding ways to navigate it   With continuous efforts towards the project’s financial closing, Tata Motors has formally started building its gigafactory in Somerset, UK. Tata Motors Group Chief Financial Officer P. B. Balaji recognised a […]

Tata Power Solar Systems Facilitates Funding For Solar Ventures Valued At INR 3,500 Crore

Tata Power Solar Systems has facilitated over Rs 3,500 crore of customer financing for solar projects during the last 4.5 years   Over the previous 4.5 years, Tata Power Solar Systems  has revealed that it has successfully facilitated customer finance of Rs 3,500 crore for solar projects. The corporation disclosed that, as a step-down subsidiary […]

India To Harness Coal Resources Sustainably Through Implementation of Carbon Capture Tactics

Thermal power plants contribute 42 per cent of India’s total emissions. 70 per cent of this can be captured, recycled or even buried underground with the adoption of the right technologies  India is about to release an innovative programme for carbon capture that seeks to reconcile its large coal reserves with the need to address rising emissions. […]

Union Budget 2024 Charts Course For A Sustainable Future

Finance Minister Nirmala Sitharaman says that the government is committed to offering viability gap funding for the development of 1 GW of offshore wind energy  The Union Budget 2024 lays out a robust framework for steering India towards a cleaner and more sustainable future, emphasizing the government’s commitment to environmental responsibility. Finance Minister Nirmala Sitharaman’s […]

CSE Report: 41% Of Indians Still Rely On Biomass For Cooking Despite Access To LPG

Around 340 million tonnes of carbon dioxide emissions per year in India, or about 13 per cent of the country’s total greenhouse gas emissions A recent report from the Centre for Science and Environment (CSE) reveals that despite a significant expansion in access to liquified petroleum gas (LPG) facilitated by the Pradhan Mantri Ujjwala Yojana, […]

BluSmart Raises $25M To Expand EV Fleet And Charging Infrastructure

BlueSmart will invest the funds to expand the EV charging infrastructure from the current 35 stations, which operate 4,000 chargers in total, to about 95–100 stations in the next few months   BluSmart, an Indian ride-hailing startup that competes with Uber and Ola with its all-electric fleet, is looking to boost its battery charging infrastructure […]

PwC Survey Reveals Emphasis By Indian Businesses On ESG Transformation And Tax Transparency

The PWC survey focuses on the state of tax transparency, as this is a pivotal component within the broader framework of ESG ESG principles have climbed to the top of corporate agendas, the clearest sign yet that global businesses are shifting decisively towards sustainable practices.Endorsing this trend, PwC India’s survey on Tax Transparency in Indian […]