Power ministry proposes mandatory green energy use for industrial units
3 years, 1 month ago

Power ministry proposes mandatory green energy use for industrial units

Hindustan Times  

Industrial units may soon have to use a share of renewable energy mandatorily as the Union power ministry has proposed amendments to the Energy Conservation Act, 2001 to increase India’s reliance on green power resources. At present, India has an installed renewable energy capacity of 147 GW, including hydropower “Amidst the growing energy needs and changing global climate landscape, the Government of India has identified new areas to achieve higher levels of penetration of renewable energy by proposing certain Amendments to Energy Conservation Act, 2001. The ministry of power has prepared amendments, after consultations with stakeholders, and the proposal includes defining minimum share of renewable energy in the overall consumption by industrial units or any establishment,” the ministry said in a statement. A senior ministry official, on condition of anonymity, explained that the prescribed minimum consumption of renewable energy by industries could either be through direct consumption or even indirect use by purchasing green energy from the grid.

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History of this topic

India’s renewable energy capacity addition doubled to 15 GW in Apr-Nov: Pralhad Joshi
6 days, 16 hours ago

India’s renewable energy capacity addition doubled to 15 GW in Apr-Nov: Pralhad Joshi

Live Mint  

New Delhi, Dec 17 India's renewable energy capacity addition almost doubled to 15GW during the April-November period of this fiscal compared a year ago, indicating India's commitment towards the target of 500GW non-fossil capacity by 2030, Union New & Renewable Energy Minister Pralhad Joshi said on Tuesday. Addressing at CII International Energy Conference & Exhibition 2024 here, Joshi said, "In …

CM Naidu Seeks to Attract Green Investments at Global Meet
3 months, 1 week ago

CM Naidu Seeks to Attract Green Investments at Global Meet

Deccan Chronicle  

Vijayawada: Chief Minister Nara Chandrababu Naidu will highlight Andhra Pradesh's green energy commitments at the 4th Global Renewable Energy Investor’s Meet, which is to be conducted by the Ministry of New and Renewable Energy from September 16 to 18 in Gandhinagar, Gujarat. The Chief Minister is optimistic about attracting significant investments in the green power sector, leveraging the state's substantial …

Green milestone: Share of coal in India’s total installed electricity capacity drops below 50%
7 months, 3 weeks ago

Green milestone: Share of coal in India’s total installed electricity capacity drops below 50%

Hindustan Times  

The share of coal in India’s total installed electricity capacity fell below 50% for the first time in history in 2023-24, according to a report released on Thursday, marking a crucial milestone in the country’s attempt to switch to clean energy. The report also found that renewable energy auctions reached a record 41 GW in fiscal year 2024, with eight …

Green measures announced by Finance Minister in Interim Budget
10 months, 3 weeks ago

Green measures announced by Finance Minister in Interim Budget

The Hindu  

While presenting the interim budget for 2024, Finance Minister Nirmala Sitharaman announced a set of measures to boost the green economy and the blue economy Among other measures pertaining to finance and infrastructure, Finance Minister Nirmala Sitharaman also announced some green initiatives and steps which will be taken for India to meet its net-zero commitments by 2070 in the interim …

Pioneering sustainable energy: A blueprint for national progress
11 months ago

Pioneering sustainable energy: A blueprint for national progress

The Hindu  

Andhra Pradesh has made significant progress towards achieving the United Nations’ Sustainable Development Goal No. has an estimated RE potential of 82.50 GW, primarily from wind and solar, the State government rolled out the RE Export Policy-2020 for establishing projects with an ambitious 120 GW capacity by the year 2025. PSHPs with a total capacity of 16,180 MW have been …

Regulator proposes green tariff at ₹1.65/kWh for electricity consumers
11 months, 3 weeks ago

Regulator proposes green tariff at ₹1.65/kWh for electricity consumers

Hindustan Times  

With the Joint Electricity Regulatory Commission proposing the imposition of incremental green energy charges over and above the normal tariff, residents in the city may have to shell out more money. The incremental green energy charges for green energy shall only be applicable if consumer wishes to avail power under the respective above arrangement. The incremental green energy charges shall …

DC Edit | India can still be part of climate deal
1 year ago

DC Edit | India can still be part of climate deal

Deccan Chronicle  

It is surprising that India was not among the 118 nations that signed the Global Renewables and Energy Efficiency Pledge at the climate summit in Dubai to triple the installed renewable energy capacity by the turn of the decade. As Prime Minister Narendra Modi pointed out in his address to the summit during his flying visit, India may be the …

India will see solar revolution by 2030, says IEA
1 year, 1 month ago

India will see solar revolution by 2030, says IEA

Firstpost  

India has set a target of achieving 500 GW of installed capacity from non-fossil fuels, including around 270 GW of solar capacity, by 2030 According to the International Energy Agency, solar energy will generate 18% of India’s electricity by 2030, up from its current 6% share. According to the IEA’s latest World Energy Outlook 2023, which was released on Tuesday, …

57% of power generated will be via renewable sources by 2027: Central Electricity Authority
1 year, 6 months ago

57% of power generated will be via renewable sources by 2027: Central Electricity Authority

The Hindu  

While India may have internationally committed to half its installed electricity being sourced from renewable sources by 2030, an estimate of the country’s projected power needs by the Central Electricity Authority on Wednesday suggests that this target may be achieved early, by 2026-27. The voluminous document notes that “…the share of non-fossil based capacity is likely to increase to 57.4% …

‘India likely to have added over 15 GW of renewable energy capacity in FY23’
1 year, 8 months ago

‘India likely to have added over 15 GW of renewable energy capacity in FY23’

Live Mint  

India is likely to have added over 15 GW of renewable energy capacity in FY23 surpassing the level achieved in the previous fiscal, said Bhupinder Singh Bhalla, secretary, union ministry of new and renewable energy. As per its climate targets, India plans to achieve a total renewable energy capacity of 500 GW by 2030 and reach net zero carbon emission …

India misses RE capacity target due to low solar rooftop, wind energy project installations: Parliamentary panel
1 year, 9 months ago

India misses RE capacity target due to low solar rooftop, wind energy project installations: Parliamentary panel

The Hindu  

A parliamentary panel has attributed low installation of solar roof-top and wind energy projects as key reasons for the shortfall in achieving India’s renewable energy capacity target of 175 GW by 2022. However, it should also be mentioned that whatever shortfall has occurred in achievement of the target that is because of low installation of solar roof-tops and wind energy …

Tamil Nadu Budget 2023 gives big push to green energy
1 year, 9 months ago

Tamil Nadu Budget 2023 gives big push to green energy

The Hindu  

Tamil Nadu has touched a new high in power consumption this year - nearly 18,000 mega watt - and will be in need of a 20,000 MW in the coming years, the State government has big plans in the energy sector. Though the present contribution of green energy to Tamil Nadu grid remains at a healthy rate of 20.88%, it …

India’s growing energy demand offers investment opportunities: PM
1 year, 10 months ago

India’s growing energy demand offers investment opportunities: PM

The Hindu  

India’s energy demand has significantly increased and in the coming years, it will reach 11% of the global demand as compared to 5% currently, said Prime Minister Narendra Modi while inaugurating India Energy Week 2023 in Bengaluru on Monday. Also, the country has a chunky class of aspirational population and energy would play an important role in fulfilling the aspirations …

India’s growing energy demand offers investment opportunities: PM Modi
1 year, 10 months ago

India’s growing energy demand offers investment opportunities: PM Modi

The Hindu  

India’s energy demand has significantly increased and in the coming years, it will reach 11% of the global demand as compared to 5% currently, said Prime Minister Narendra Modi while inaugurating India Energy Week 2023 in Bengaluru on Monday. Also, the country has a chunky class of aspirational population and energy would play an important role in fulfilling the aspirations …

Annual energy consumption in Andhra Pradesh likely to touch 64,523 MUs in 10 years, says Energy Minister
1 year, 11 months ago

Annual energy consumption in Andhra Pradesh likely to touch 64,523 MUs in 10 years, says Energy Minister

The Hindu  

The annual energy consumption in Andhra Pradesh is expected to rise to 64,523 Million Units in the next 10 years from the present 60,945 MUs and and the average is likely to increase from 220 MUs per day to 250 MUs per day, Minister for Energy Peddireddi Ramachandra Reddy has said. The Minister, in a press note released on the …

Rajya Sabha passes ‘futuristic’ Energy Conservation Bill
2 years ago

Rajya Sabha passes ‘futuristic’ Energy Conservation Bill

The Hindu  

The Rajya Sabha passed the Energy Conservation Bill, 2022, on Monday clearing the decks for “mandate use of non-fossil sources”, including green hydrogen, green ammonia, biomass and ethanol for energy and feedstock and establish carbon markets in the country. Mr. Singh said the Bill aimed to bring large residential buildings, with a minimum connected load of 100 kilowatt or contract …

Plan to install 500 GW of renewable energy capacity by 2030 to cost ₹2.44 trillion
2 years ago

Plan to install 500 GW of renewable energy capacity by 2030 to cost ₹2.44 trillion

The Hindu  

India’s plan to install 500 GW of renewable energy capacity by 2030 will involve an investment of at least ₹2.44 lakh crore or ₹2.44 trillion, according to a committee constituted by the Central Electricity Authority. They were tasked with setting out a plan for the transmission system required for having 500 GW of non-fossil fuel-based installed capacity by 2030. The …

India’s energy future is looking green, report says
2 years, 2 months ago

India’s energy future is looking green, report says

Associated Press  

BENGALURU, India — India’s renewables sector is booming, with the country projected to add 35 to 40 gigawatts of renewable energy annually until 2030, enough to power up to 30 million more homes each year, a report said Thursday. The Institute for Energy Economics and Financial Analysis and Climate Energy Finance estimated that India, the third largest energy-consuming country in …

Lawmakers in India pass energy conservation bill
2 years, 4 months ago

Lawmakers in India pass energy conservation bill

Associated Press  

BENGALURU, India — India took another step toward meeting its climate goals Tuesday when lawmakers in parliament’s lower house approved legislation that would require greater use of renewable energy and force industrial polluters to pay a price for the carbon they emit. The bill is “a positive step” towards India’s climate targets, said Madhura Joshi, India energy transitions lead at …

Lok Sabha Passes Energy Conservation Amendment Bill 2022
2 years, 4 months ago

Lok Sabha Passes Energy Conservation Amendment Bill 2022

Live Law  

The Lok Sabha has passed the Bill to amend the Energy Conservation Act, 2001, to reduce fossil fuel-based energy consumption and resultant carbon emissions to the atmosphere. It empowers the central government to specify energy consumption standards and require designated consumers to meet a minimum share of energy consumption from non-fossil sources. It For this purpose, it proposes to: mandate …

Renewable energy consumption up in State, says chairman of Indian Wind Power Association in Coimbatore
2 years, 4 months ago

Renewable energy consumption up in State, says chairman of Indian Wind Power Association in Coimbatore

The Hindu  

Consumption of energy from renewable sources was high in the State on Friday-Saturday, according to K. Kasthurirangaian, chairman of Indian Wind Power Association. Of the 5,583 MW of solar energy installed, 371 MW was solar energy generated and 21.5 million units came from hydro projects. According to A.D. Thirumoorthy, member of the State-level Renewable Energy Committee, States such as Karnataka …

New Energy Bill Promotes Green Hydrogen, Incentivises Use of Clean Technology - News18
2 years, 5 months ago

New Energy Bill Promotes Green Hydrogen, Incentivises Use of Clean Technology - News18

News 18  

Parliament is the temple of democracy and parliamentary procedures the rites by which the will of the people is translated into practice. The ongoing Monsoon Session of Parliament will see the tabling of 24 bills including the Energy Conservation Bill, 2022, which stresses promoting clean energy and use of clean hydrogen. The ministry of power had last year proposed changes …

India's renewable energy capacity at 114 GW till June-end
2 years, 5 months ago

India's renewable energy capacity at 114 GW till June-end

The Hindu  

India's renewable energy capacity stood at 114.07 GW till June-end this year, while 60.66 GW of projects are under various stages of development, Parliament was informed on Tuesday. India has set a target of having 175 GW of renewable energy capacity, including 100 GW of solar and 60 GW of wind energy, by 2022. "Against the target of achieving 175 …

Emissions reduced by 28% over 2005 levels, 80% of power to come from renewable sources by 2030: Govt
3 years, 3 months ago

Emissions reduced by 28% over 2005 levels, 80% of power to come from renewable sources by 2030: Govt

India Today  

India has managed to fulfil the commitments part of the Paris Agreement as it looks to boost renewable energy capacity. India has been aggressively pushing for energy efficiency improvements for the past two decades through a combination of innovative market mechanisms and business models, institutional strengthening and capacity building, as well as demand creation measures," New and Renewable Energy Minister …

Govt to weigh one of India’s greatest reforms this Parliament session
3 years, 5 months ago

Govt to weigh one of India’s greatest reforms this Parliament session

Live Mint  

The Union cabinet may shortly consider the Electricity Bill, 2021, that aims to de-license power supply, allowing multiple distributors in the same area and giving consumers the option to switch power suppliers. Speaking at a conference organized by lobby group Confederation of Indian Industry, power minister Raj Kumar Singh on Thursday said all stakeholders, including states, industry and the ministries, …

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