State owned renewable energy financier expands loan book to Rs 84,445 crore, pledges stronger push for clean energy project The Indian Renewable Energy Development Agency (Ireda) has sanctioned loans worth Rs 33,148 crore in the first half of FY26, an 86 per cent rise from Rs 17,860 crore in the same period last year. Loan […]
Denim maker’s Leap initiative to help Indian suppliers shift to renewable power and cut emissions Levi Strauss and Co. has started a programme in India aimed at accelerating renewable energy adoption across its supply chain. The LS&Co. Energy Accelerator Programme (Leap), developed in collaboration with Schneider Electric will enable textile and apparel suppliers to access […]
GST reduction to boost investment, lower costs for rooftop solar and farmers, and accelerate India’s renewable energy targets The recent reduction in Goods and Services Tax (GST) on renewable energy equipment is expected to save investors up to Rs 1.5 lakh crore by 2030, Union Minister for New and Renewable Energy Pralhad Joshi said on […]
Sustainability report shows higher renewable share, local sourcing, plastic recycling and stronger social measures in FY25 Addverb, a Robotics and automation firm, has reported progress in renewable energy adoption, supply chain localisation and environmental responsibility in its sustainability report for the financial year 2024-25. The company sourced 83 per cent of its procurement locally, while […]
Renewable energy financier eyes growth in green hydrogen, e-mobility and ethanol State owned Indian Renewable Energy Development Agency (IREDA) saw its loan book reach Rs 79,941 crore in the first quarter of FY2025-26, growing at a compounded annual growth rate (CAGR) of 29 per cent since 2020-21, Chairman and Managing Director Pradip Kumar Das said […]
Industry stakeholders flagged issues around tariff volatility and the reluctance of power procurers to sign long-term agreements under it In a move aimed at unblocking stalled renewable energy projects, the Ministry of Power has withdrawn the Uniform Renewable Energy Tariff (URET) mechanism and dissolved its central pricing pools for solar and hybrid projects. The decision […]
67 per cent of energy needs are met through renewables and sets bold net-zero targets by 2030 and 2040, says the company On National Energy Conservation Day, Marico, one of India’s FMCG companies, said that it has progressed in reducing its environmental footprint through the increased use of renewable energy. As of FY24, 67.4 […]
Industry leaders discuss SEBI’s BRSR framework, moving corporate reporting beyond compliance to foster deeper ESG commitments, enhance transparency and drive sustainable business practices for India’s future Mayank Badhwar This session delves into the evolving role of corporate sustainability reporting, moving beyond compliance to a deeper commitment to Environmental, Social, and Governance (ESG) practices. Focusing on […]
India has a renewable energy (RE) potential of over 24,000 GW, but even reaching the ~7,000 GW required to achieve net-zero emissions by 2070 will require a holistic approach to addressing challenges such as land access, climate risks, land conflicts, and population density, according to a new independent study by the Council on Energy, Environment […]
State-owned enterprise Oil India Limited (OIL), a Maharatna CPSE, has declared its support for sustainable energy practices by signing up for the Oil and Gas Decarbonisation Charter (OGDC). The PSU said in its regulatory filing that the move underscores OIL’s dedication to reducing carbon emissions and zero flaring initiatives and contributing to a greener future […]
