India to see investment of $67 billion in next five to six years in energy sector: PM Modi
10 months, 2 weeks ago

India to see investment of $67 billion in next five to six years in energy sector: PM Modi

The Hindu  

Prime Minister Narendra Modi on Tuesday said India was working on the development of environmentally friendly energy sources to enhance its energy mix. Mr. Modi said as India was poised to be 3rd largest economy in the world, the energy sector would play a crucial role in India’s growth story. On India’s seriousness to facilitate the transition he said, “despite being home to 17% of the world’s population, India’s Carbon Emission Share is only 4% but are committed to further improving our energy mix by focusing on the development of environmentally sensitive energy sources.” He said India now ranks fourth in the world in Renewable Energy Installed Capacity and 40% of India’s installed capacity comes from non-fossil fuels. “India’s green energy sector can make both investors and industries a sure shot winner,” he said. Mr. Modi said India Energy Week event was not just India’s event but a reflection of ‘India with the world and India for the world’ sentiment.”

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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, 15 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 …

Strengthening India's clean energy supply chains
2 weeks, 6 days ago

Strengthening India's clean energy supply chains

Hindustan Times  

This report provides an in-depth analysis of India’s potential as a global manufacturing hub for the clean energy sector while addressing challenges such as intense competition and market uncertainties. Indigenising clean energy manufacturing is strategically crucial for establishing the foundation for a future green economy and positioning India as a competitive global player. Moreover, by capitalising on a fragmenting global …

PM Modi to launch India's largest green hydrogen hub in Visakhapatnam
4 weeks ago

PM Modi to launch India's largest green hydrogen hub in Visakhapatnam

India Today  

In a landmark step towards achieving India’s green energy goals, Prime Minister Narendra Modi will lay the foundation stone for India's largest green hydrogen hub on November 29, 2024. PROJECT OVERVIEW The green hydrogen hub in Visakhapatnam aims to be a state-of-the-art facility that will produce green hydrogen using renewable energy sources like solar and wind power. INVESTMENT AND JOB …

Navigating the Hurdles: Why India's Renewable Energy Firms Are Selling 20GW of Assets
2 months, 2 weeks ago

Navigating the Hurdles: Why India's Renewable Energy Firms Are Selling 20GW of Assets

Times of India  

India's renewable energy firms are selling 20GW of assets due to a combination of transmission conundrum, PPA and PSA puzzle, high cost of debt, and a lack of financial resources. The challenges are particularly acute in the western states of Gujarat and Rajasthan, which have vast potential for renewable energy projects but are struggling with grid infrastructure.

RE-INVEST 2024: India best bet for 21st century, its solar revolution a golden chapter: PM Modi
3 months, 1 week ago

RE-INVEST 2024: India best bet for 21st century, its solar revolution a golden chapter: PM Modi

The Hindu  

India is unique in terms of diversity, scale, capacity, potential as well as performance and the world feels the country is the best bet for the 21st century, Prime Minister Narendra Modi said on Monday in his address at the 4th edition of Global Renewable Energy Investors Meet and Expo in Gandhinagar. “When the history of the 21st century will …

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

India’s E&P sector to offer $100 bn investment opportunity by 2030: Puri
5 months, 1 week ago

India’s E&P sector to offer $100 bn investment opportunity by 2030: Puri

Live Mint  

New Delhi: India's oil and gas exploration and production sector will offer investment opportunities worth $100 billion by the end of this decade, said the Union minister for petroleum and natural gas Hardeep Singh Puri. Addressing the inaugural session of first edition of 'Urja Varta' on Thursday, he said a large portion of India’s 26 sedimentary basins, containing substantial reserves …

World is shifting – India will need a green vision
6 months, 1 week ago

World is shifting – India will need a green vision

Hindustan Times  

As India’s new government settles down to work, there is a buzz around the agenda for the first 100 days. While growth rates might fluctuate, given the scale of the economy, India’s growth now structurally impacts resource demand, investment flows, and global trade and supply chains. These power markets can also help India integrate with regional economies by leveraging the …

India’s Modi vows to boost social spending, make country into a manufacturing hub ahead of election
8 months, 1 week ago

India’s Modi vows to boost social spending, make country into a manufacturing hub ahead of election

Associated Press  

NEW DELHI — Indian Prime Minister Narendra Modi on Sunday vowed to boost social spending, develop infrastructure and make India into a global manufacturing hub as companies shift away from China, as he unveiled his Hindu nationalist party’s election strategy. Modi promised to expand social programs introduced during his party’s 10-year rule, including millions of free homes for the poor, …

India to Add 4 Million Green Jobs by Next Fiscal
10 months ago

India to Add 4 Million Green Jobs by Next Fiscal

Deccan Chronicle  

Chennai: Green industry in India provides 18.5 million jobs and is expected to add 4 million more by FY25.“ In India, green industry employs 18.5 million individuals, and there is an anticipation that we would be growing and adding around 4 million more jobs by FY25,” said Nidhi Pant, a 2023 winner of the UK’s Earthshot Prize and co-founder of …

Odisha CM Lays Foundation Stone for Avaada Group’s Green Hydrogen Project
10 months, 1 week ago

Odisha CM Lays Foundation Stone for Avaada Group’s Green Hydrogen Project

Deccan Chronicle  

Bhubaneswar: Odisha Chief Minister Naveen Patnaik on Wednesday laid foundation stone for Avaada Group’s green hydrogen project at Gopalpur in Ganjam district. This mega clean energy project entailing an investment of Rs 8,000 crore aligns with India’s aspiration to be a global green hydrogen manufacturing hub. Located near Gopalpur deep-sea port, Avaada’s cutting-edge green ammonia storage facility will enable exporting …

India’s clean energy boom slows as new solar projects get delayed. Experts say it can pick back up
10 months, 2 weeks ago

India’s clean energy boom slows as new solar projects get delayed. Experts say it can pick back up

Associated Press  

BENGALURU, India — For years, renewable projects in India have been growing steadily, from small-town rooftop solar installations to large-scale projects across the desert and long stretches of wind turbines and solar panels on farmland all contributing to the country’s climate goal of transitioning to clean energy. It takes up to two years for solar projects to come online after …

Large part of ₹11 trillion capex for FY25 to flow into energy sector: PM Modi
10 months, 2 weeks ago

Large part of ₹11 trillion capex for FY25 to flow into energy sector: PM Modi

Live Mint  

Goa: The Centre will allocate a substantial part of the budgeted capital expenditure for fiscal year 2024-25 to the energy sector, as the country strives to meet rapidly growing demand and achieve climate goals, Prime Minister Narendra Modi said on Tuesday. India's energy demand is projected to double by 2045, placing the country at the helm of shaping global energy …

India will see investment of USD 67 billion in energy sector in next 5-6 years: PM Modi
10 months, 2 weeks ago

India will see investment of USD 67 billion in energy sector in next 5-6 years: PM Modi

India TV News  

Prime Minister Narendra Modi announced on Tuesday that India is poised to witness a staggering investment of USD 67 billion in the energy sector over the next 5 to 6 years. Highlighting India's robust economic growth, currently exceeding 7.50 per cent, Modi emphasised the nation's imminent ascension to the rank of the world's third-largest economy. Modi said, "In the next …

India Energy Week: Focus on energy security, transition, alternate fuels
10 months, 2 weeks ago

India Energy Week: Focus on energy security, transition, alternate fuels

Live Mint  

New Delhi: The second edition of India Energy Week kicks off in Goa on 6 February with participation from global oil majors including Russia's Rosneft and Saudi Arabia's Saudi Aramco. India Energy Week 2024, which will see participation from 120 countries, is expected to delve into various themes, including energy transition, the development of a future-ready energy stack, and the …

India's Energised Future: Major Hits for Renewable Energy in Interim Budget 2024
10 months, 3 weeks ago

India's Energised Future: Major Hits for Renewable Energy in Interim Budget 2024

The Quint  

With its staggering population of 1.4 billion, India faces an immense energy demand to fuel its rapidly expanding economy. With almost 50 per cent of its electricity capacity derived from non-fossil fuel origins, India is moving towards a country where sustainable energy sources are becoming prominent. The renewable energy landscape in India is diverse, featuring significant contributions from solar, wind, …

India set to provide new energy to global aviation market, says Modi
11 months ago

India set to provide new energy to global aviation market, says Modi

Hindustan Times  

Prime Minister Narendra Modi said that India is set to give new energy to the global aviation market because the country has prioritised connectivity infrastructure, as he inaugurated Boeing India’s Engineering and Technology Centre in Bengaluru on Friday. Modi said that the new facility demonstrated India’s commitment to driving global technology, and lauded the strides that Indian women had made …

Green hydrogen key to India's journey of net-zero carbon emissions: Gautam Adani
11 months, 1 week ago

Green hydrogen key to India's journey of net-zero carbon emissions: Gautam Adani

The Hindu  

Billionaire Gautam Adani on January 16 said green hydrogen holds the key to India's journey to net-zero carbon emissions and its current high cost can be reduced by replicating the solar power model. In a blog post for the World Economic Forum, the head of Adani Group said leapfrogging to renewables and green hydrogen will help India achieve energy security …

COP28: India’s urban population is exploding. That could have huge consequences for the planet
1 year ago

COP28: India’s urban population is exploding. That could have huge consequences for the planet

CNN  

New Delhi CNN — Over half a century ago, India’s then Prime Minister Indira Gandhi talked about the staggering challenge for developing nations: to industrialize without harming the environment. Addressing the opening session of the COP28 climate talks in Dubai on Friday, India’s current prime minister, Narendra Modi, said all developing countries must be given “a fair share in the …

European Investment Bank eyes green hydrogen to add to India renewables push
1 year ago

European Investment Bank eyes green hydrogen to add to India renewables push

Live Mint  

Even as solar and wind continue to be focus areas, the European Investment Bank is now keen to jump into green hydrogen in the country, but no concrete proposal has been tabled yet by Indian companies, a top executive at the development bank said. Earlier in 2023, the bank had stated its interest in supporting India’s National Green Hydrogen Mission …

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, …

Global Biofuel Alliance a key step under India’s leadership after International Solar Alliance: President Murmu
1 year, 3 months ago

Global Biofuel Alliance a key step under India’s leadership after International Solar Alliance: President Murmu

The Hindu  

President Droupadi Murmu on September 13 said the Global Biofuel Alliance launched during the recently concluded G-20 summit is an important step taken under India’s leadership after the International Solar Alliance, noting that new and renewable sources will help in making the country self-reliant in the energy sector. Apart from tackling the issue of climate change, new and renewable energy …

PM Modi Launches Global Biofuels Alliance: Why is the Cleaner Fuel Initiative Significant for India
1 year, 3 months ago

PM Modi Launches Global Biofuels Alliance: Why is the Cleaner Fuel Initiative Significant for India

News 18  

India has launched the Global Biofuels Alliance at the G20 summit in New Delhi to boost the use of cleaner fuels. Launch of the Global Biofuel Alliance PM @narendramodi along with the leaders of Singapore, Bangladesh, Italy, USA, Brazil, Argentina, Mauritius & UAE, launched the Global Biofuel Alliance on 9 September 2023, on the sidelines of the #G20 Summit in …

India making great efforts in green growth and energy transition: PM Modi
1 year, 5 months ago

India making great efforts in green growth and energy transition: PM Modi

The Hindu  

Prime Minister Narendra Modi on Saturday, July 22, 2023, said India is making great efforts in green growth and energy transition, and asserted that the country is moving ahead strongly on its climate commitments. Addressing via video link the G20 Energy Ministers' Meeting, which is currently underway in Goa, Mr. Modi also said that India has shown leadership in climate …

Natural assets
1 year, 5 months ago

Natural assets

China Daily  

SONG CHEN/CHINA DAILY China is showing that going green brings prosperity In August 2005, President Xi Jinping, then Party secretary of Zhejiang province, went to the small, beautiful, hillside town of Anji and put forward the famous concept "lucid waters and lush mountains are as invaluable as gold and silver".It means that we need to protect the nature because it …

India not averse to imposing ‘barriers’ to clean energy imports if pushed: Minister R.K. Singh
1 year, 5 months ago

India not averse to imposing ‘barriers’ to clean energy imports if pushed: Minister R.K. Singh

The Hindu  

Minister for Power and Renewable Energy, R.K. Singh said that India would not shy away from imposing “barriers” to Western imports of clean energy, if the latter raised barriers to India’s potential exports of green hydrogen. The Minister did not explicitly name countries but the allusions are to a recent, global tender, worth at least €900 million by Germany inviting …

Tesla looking at significant investment in India: Elon Musk after meeting PM Modi
1 year, 6 months ago

Tesla looking at significant investment in India: Elon Musk after meeting PM Modi

The Hindu  

Tesla chief executive Elon Musk said India’s Prime Minister Narendra Modi was pushing the car maker to make a “significant investment” in the country, adding that such an announcement was expected soon, according to Reuters partner ANI. “He really cares about India because he’s pushing us to make significant investments in India, which is something we intend to do,” Mr. …

India taking various measures to encourage energy transition: BEE DG Abhay Bakre
1 year, 7 months ago

India taking various measures to encourage energy transition: BEE DG Abhay Bakre

The Hindu  

“As part of its net zero commitments, India is taking various measures to encourage energy transition for industries in the domestic market as well as at the global level,” a senior government official has said. Abhay Bakre, Director General of Bureau of Energy Efficiency, further said that various forward-looking measures are slated to be discussed at the upcoming meets of …

India eyes clean energy sources to tackle tariffs
1 year, 7 months ago

India eyes clean energy sources to tackle tariffs

Live Mint  

The government is considering revising its industrial electrification strategy to prioritize adopting cleaner energy sources, such as green hydrogen and battery storage, over fossil fuels amid the need to meet net-zero targets and the potential imposition of taxes on products based on their carbon emissions by developed nations. The move comes as the steel and aluminium sectors, which predominantly use …

DC Edit | Green energy is way ahead for India, Germany, world
1 year, 9 months ago

DC Edit | Green energy is way ahead for India, Germany, world

Deccan Chronicle  

Aside from areas such as defence and trade, Prime Minister Narendra Modi and German Chancellor Olaf Scholz on Saturday agreed to strengthen the cooperation between the two nations on one of the most urgent topics of the day — green energy. increase renewables capacity to 500 GW from the present 157 GW which will meet 50 per cent of its …

PM Modi hails nation’s green energy potential
1 year, 10 months ago

PM Modi hails nation’s green energy potential

Hindustan Times  

Prime Minister Narendra Modi on Thursday said that the business potential for India’s private sector in solar, wind and biogas energy is akin to that in a gold mine or an oilfield, and stressed that renewable energy sources could generate a huge number of green jobs in the years to come. “The potential of segments like solar, wind energy, and …

India will play an important role in green energy: PM Modi
1 year, 10 months ago

India will play an important role in green energy: PM Modi

Deccan Chronicle  

NEW DELHI: Inviting global investment in the green energy sector, Prime Minister Narendra Modi on Thursday said that India's potential in solar, wind and biogas is no less than a goldmine or an oil field. The Prime Minister informed the audience that India achieved the target of 40 per cent contributions from non-fossil fuels in the installed electricity capacity nine …

Modi underlines opportunities from renewable energy sources
1 year, 10 months ago

Modi underlines opportunities from renewable energy sources

The Hindu  

Prime Minister Narendra Modi said on Thursday that the potential of solar, wind and biogas in India is no less than any gold mine or oil field for our private sector. Addressing a webinar, Mr. Modi said that India’s future development would be based on three pillars for green growth and energy transmission. Referring to the global efforts for diversification …

'India's potential in green energy no less than a goldmine, invest here': PM Modi at 1st post-budget webinar
1 year, 10 months ago

'India's potential in green energy no less than a goldmine, invest here': PM Modi at 1st post-budget webinar

Hindustan Times  

Prime Minister Narendra Modi on Thursday sought investments in green energy sector saying that the country's potential in renewable energy is no less than a "goldmine". Addressing a webinar on various announcements made in the Union Budget 2023-24 on green growth, Modi said, "India will play an important role in green energy, I invite all stakeholders to invest in India." …

Analysis | Why not everyone will benefit equally from a transition to a low-carbon economy
1 year, 10 months ago

Analysis | Why not everyone will benefit equally from a transition to a low-carbon economy

The Hindu  

The 2023-2024 Union Budget, presented by Finance Minister Nirmala Sitharaman on February 1, 2023, depicts the Union government’s long-term vision of a technology-driven, knowledge-based economy that banks on citizen engagement, youth empowerment, employment generation, and creating a robust macroeconomic environment. This in turn calls for clear directives and frameworks to consciously embed ‘justice’ elements in financing India’s energy transition. They …

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 …

Top news of the day: February 06, 2023
1 year, 10 months ago

Top news of the day: February 06, 2023

The Hindu  

Third earthquake rocks Turkey, over 1,900 killed A 6.0 magnitude earthquake, which followed a powerful 7.8 magnitude quake that rocked wide swaths of Turkey and Syria, hit Turkey on Monday toppling hundreds of buildings and killing more than 1,900 people. The promoters’ decision to pre-payment will help release 11.77 million shares in Adani Transmission Ltd., 168.27 million shares of Adani …

India\'s energy sector has high potential, PM tells investors at \'India Energy Week\'
1 year, 10 months ago

India\'s energy sector has high potential, PM tells investors at \'India Energy Week\'

Deccan Chronicle  

BENGALURU: While drawing attention of investors on various opportunities in the offing in energy sector and to pump in investments, Prime Minister Narendra Modi on Monday told investors that “India a better place in the world to make investments.” Addressing the gathering of investors at the India Energy Week-2023, the Prime Minister brought to their notice that under his regime, …

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 …

Budget 2023-24 puts India on the path to food and energy security
1 year, 10 months ago

Budget 2023-24 puts India on the path to food and energy security

Firstpost  

By extending Centre’s 50-year low-cost capital support by another year, states can clean up their balance sheet for future financing As G20 President, India has set the tone by committing leadership to transition to the green economy. Green hydrogen will become a trillion Dollar Industry in India by 2030, therefore delivering energy security and making India the new prosperous Middle-East …

PM Modi to inaugurate India Energy Week, launch E20 fuel in Karnataka
1 year, 10 months ago

PM Modi to inaugurate India Energy Week, launch E20 fuel in Karnataka

Deccan Chronicle  

NEW DELHI: Prime Minister Narendra Modi will launch E20, a blend of 20 per cent ethanol with petrol, and inaugurate the India Energy Week aimed at showcasing the country's "rising prowess as an energy transition powerhouse" during his one-day visit to Karnataka on Monday. He will also unveil the twin-cooktop model of the PSU's indoor solar cooking system, a "revolutionary" …

Going green: The Hindu Editorial on Budget 2023’s and India’s net-zero commitment
1 year, 10 months ago

Going green: The Hindu Editorial on Budget 2023’s and India’s net-zero commitment

The Hindu  

Finance Minister Nirmala Sitharaman’s latest Budget is noteworthy for the emphasis she has laid on the government’s commitment to move towards net-zero carbon emission by 2070. As an article presented at the World Economic Forum’s Annual Meeting in Davos last month notes, India holds the key to hitting global climate change targets given its sizeable and growing energy needs. Energy …

India’s finance minister announces new clean energy funds
1 year, 10 months ago

India’s finance minister announces new clean energy funds

Associated Press  

BENGALURU, India — Indian finance minister Nirmala Sitharaman announced several new clean energy initiatives in the government’s annual federal budget speech on Wednesday, saying “green growth” is a top priority for the country. The new funds form part of the government’s $550 billion budget aimed at ramping up spending to spur economic growth and create jobs ahead of the general …

Budget 2023 | Major thrust planned for green energy
1 year, 10 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 …

Govt allocate ₹35,000 crore for energy transition, achieve net-zero by 2070
1 year, 10 months ago

Govt allocate ₹35,000 crore for energy transition, achieve net-zero by 2070

Live Mint  

The issue of climate change is slowly coming into mainstream policies of the government. Union Finance Minister Nirmala Sitharaman on Wednesday announced the allocation of ₹35,000 crore in the Union Budget 2023 as a priority capital investment toward energy transition. “Green Growth” is a separate category in this year's budget that talks about India's vision for energy transition and sustainable …

Green hydrogen mission: A boost for clean energy
1 year, 11 months ago

Green hydrogen mission: A boost for clean energy

Hindustan Times  

The announcement of the National Green Hydrogen Mission last week is poised to be a watershed moment for India’s decarbonisation journey and reinforce the commitment to decarbonising its industry, energy and heavy mobility sectors. India has set an ambitious target of producing five million metric tonnes of green hydrogen per annum by 2030 — among the highest globally — with …

Decarbonisation in India gets a big boost
1 year, 11 months ago

Decarbonisation in India gets a big boost

Hindustan Times  

India’s decarbonisation journey received a boost last week when the Cabinet approved the National Green Hydrogen Mission with an allocation of ₹19,744 crore. It aims to produce five million tonnes of green hydrogen annually by 2030, reduce emissions by nearly 50 million tonnes annually, save India ₹1 trillion in fossil fuel imports, attract investments worth ₹8 trillion by 2030, and …

India plans $2 billion incentive for green hydrogen industry
1 year, 11 months ago

India plans $2 billion incentive for green hydrogen industry

India Today  

India is planning a $2 billion incentive programme for the green hydrogen industry, three sources told Reuters, in a bid to cut emissions and become a major export player in the field. The 180-billion-rupee incentive aims to reduce the production cost of green hydrogen by a fifth over the next five years, said a senior government official and an industry …

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