# Tags

ONGC Plans Creation Of Subsidiary Dedicated To Green Gas Ventures

The oil and gas behemoth plans to spend Rs 1 lakh crore on installing 10 GW of renewable energy capacity and building a per-annum capacity of two million tonnes of green ammonia by 2035 as part of its decarbonisation strategy   India’s state-owned Oil and Natural Gas Corporation (ONGC) is pushing ahead with ambitions to enter […]

SAEL Raises USD 1 Billion To Boost Renewable Energy Portfolio

The investment will drive the expansion of the company’s solar and biomass projects, capitalising on the conducive market potential and government schemes in the renewable energy sector   SAEL, a renewable energy startup, has successfully raised USD 1 billion in finance from a number of financial organisations, including Tata Cleantech, DFC, ADB, and Norfund. The money will […]

Adani Group’s Upcoming Rs 50,000 Crore Data Center To Run On Renewable Energy

Adani Group also intends to make deemed distribution investments to power the proposed data centre infrastructure   The Adani Group has declared a substantial investment of Rs 50,000 crore over the next decade to establish a 1 GW hyperscale data center in Maharashtra, as revealed by the conglomerate. Adani Enterprises , the group’s flagship company, formalised […]

Mahindra Susten Attains Water Positivity Certification

As per TUV India’s evaluation, Susten’s +1.5 GW renewable energy portfolio commands a score of 15 (positive) on the Water Footprint Index, implying that water recharged is 15 times more than what was consumed   During the evaluation year FY23, Mahindra Susten—a well-known independent power producer focused on renewable energy and engineering, procurement and construction—achieved the […]

Investment Boom for the Renewable Projects in Tamil Nadu: TPREL To Invest Rs 70,800 Crore

These renewable projects will be located over 50,000 acres of land in Tamil Nadu, with an investment potential of nearly Rs 70,000 crore   According to regulatory records, Tata Power Renewable Energy (TPREL) intends to invest Rs 70,800 crore in renewable energy projects in Tamil Nadu. To support the state’s renewable energy sector and hasten […]

ADB Supports Climate-Resilient Power System Enhancement In Uttarakhand, India

The Uttarakhand Climate Resilient Power System Development Project will modernise the power network infrastructure by introducing an advanced and climate–resilient underground cable system The Asian Development Bank (ADB) has greenlit a USD200 million loan aimed at enhancing the power supply infrastructure in Uttarakhand, India, with a focus on improving quality, efficiency, and reliability. The project […]

Tata Power Welcomes Baljeet Kaur as Sustainability Champion

Tata Power Enlists Mountaineer Baljeet Kaur as Champion for Renewable Energy, Spearheading ‘Sustainable is Attainable’ Campaign  Leading integrated power provider in India, Tata Power, has appointed experienced mountaineer Baljeet Kaur as a sustainability champion for the company’s renewable energy division. In 2023, Kaur, then 27 years old, received recognition from the Indian Mountaineering Foundation when […]

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 […]

Adani Family To Infuse $1 Billion In Adani Green Energy For Expansion And Refinancing

With a target to achieve 45 gigawatts of green energy capacity by 2030, Adani Green faces USD 1.2 billion in bond maturities next year Indian billionaire Gautam Adani and his family intend to give the founders of Adani Green Energy preferential shares in exchange for a USD 1 billion investment. The change will assist the […]

COP28 And International Energy Agency Reaffirm 1.5°C- Aligned Energy Transition

The outcome of the dialogues between The COP28 Presidency and the International Energy Agency (IEA) focuses on building consensus for a 1.5°C-aligned energy transition and support for an ambitious decision on the Global Stocktake at COP28   The COP28 Presidency and the International Energy Agency (IEA) High-Level Dialogues concluded with a strong consensus on the […]