Budget 2024: Fillip to clean energy schemes
5 months, 2 weeks ago

Budget 2024: Fillip to clean energy schemes

The Hindu  

Finance Minister Nirmala Sitharaman’s Budget address gave a fillip to several commitments made in the interim Budget in February to incentivise clean energy but stopped short of announcing new schemes. In 2022, Atomic Energy Minister Jitendra Singh had said that these reactors, “less expensive and safer”, would be important to India’s energy security. The Finance Minister also restated a proposal from 2018 to develop an advanced ultra supercritical thermal power plant via a collaboration involving the National Thermal Power Corporation and the Bharat Heavy Electricals Limited. It underscores a move towards more holistic energy transition pathway, considering energy security, economic growth, employment generation, and environmental sustainability,” said Neshwin Rodrigues, electricity policy analyst, Ember-India, said in a statement.

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History of this topic

Budget 2024-25: India's energy transition plan
5 months ago

Budget 2024-25: India's energy transition plan

Hindustan Times  

India, targeting a $7 trillion economy and decarbonisation target by achieving 500 GW of fossil-fuel free generating capacity by 2030, needs a well-rounded strategy that harmonises economic development with environmental sustainability. To reach India’s goal of achieving 50 percent of its total installed power generation capacity come from non-fossil fuel sources by 2030, India must install approximately 50 gigawatts of …

Problem power: On small modular reactor plan
5 months, 1 week ago

Problem power: On small modular reactor plan

The Hindu  

The Indian government is planning to team up with the private sector to study and test small modular reactors. Nuclear power offers a sufficiently high and sustainable power output, even if externalised costs like those of building safe and reliable reactors and handling spent nuclear fuel complicate this calculus. The nuclear power tariff is thus higher from ‘younger’ facilities, even …

India close to completing its most advanced nuclear plant ever in boost for clean energy
5 months, 1 week ago

India close to completing its most advanced nuclear plant ever in boost for clean energy

The Independent  

Sign up to the Independent Climate email for the latest advice on saving the planet Get our free Climate email Get our free Climate email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy India is close to completing its most advanced nuclear plant, marking a major step forward …

Budget 2024: For Developed India by 2047, Sitharaman banks on renewable & nuclear energy
5 months, 2 weeks ago

Budget 2024: For Developed India by 2047, Sitharaman banks on renewable & nuclear energy

Firstpost  

The Budget 2024-25 makes way for private sector’s participation in the research and development of small modular nuclear reactors to boost India’s nuclear energy capacity Union Finance Minister Nirmala Sitharaman made announcements related to nuclear energy production and private sector's role in it in the Budget 2024 As the fastest-growing major economy that Prime Minister Narendra Modi has set 2047 …

Budget 2024: India to boost nuclear energy, develop Bharat Small Reactors
5 months, 2 weeks ago

Budget 2024: India to boost nuclear energy, develop Bharat Small Reactors

India Today  

In a significant move towards diversifying India's energy mix, Finance Minister Nirmala Sitharaman announced major initiatives for nuclear energy development in the Union Budget 2024. Read Full Budget 2024 Coverage In line with India's commitment to sustainable development, the Finance Minister announced plans to formulate regulations for transitioning from energy efficiency targets to emission targets. By embracing nuclear energy, enhancing …

Budget 2023 | Major thrust planned for green energy
1 year, 11 months ago

Budget 2023 | Major thrust planned for green energy

The Hindu  

Underlining a commitment to accelerate the Indian economy’s transition to one powered by green energy, Union Finance Minister Nirmala Sitharaman in her Budget speech on Wednesday mentioned a slew of schemes aimed at promoting clean energy and sustainable living. Green energy was among the ‘Saptarishi’ or seven guiding lights Ms. Sitharaman mentioned in her address that would steer India through …

A clean energy transition plan for India
3 years, 2 months ago

A clean energy transition plan for India

The Hindu  

Energy security warrants the uninterrupted supply of energy at affordable prices. TPPs contributed 71% of the 1,382 billion units of electricity generated by utilities in India during FY 2020-21 though they accounted for only 55% of the total installed generation capacity of 382 GW. Contours of a plan We have developed a time-bound transition plan for India’s power sector involving …

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