India’s power sector needs USD 700 bn investment to achieve net-zero pledge, says Moody’s
1 month ago

India’s power sector needs USD 700 bn investment to achieve net-zero pledge, says Moody’s

Live Mint  

New Delhi, Feb 19 India's power sector - the biggest carbon emitter - will need massive USD 700 billion investment over the next 10 years to help the country achieve its 2070 net-zero pledge, Moody's Ratings said on Wednesday. "Our expectation of strong economic growth over the next 10 years implies an expansion of India's coal-based power generation capacity in that period, hindering carbon transition," it said. Moody's expect India's economy to grow at around 6.5 per cent per annum over the next 10 years, with a compound annual growth rate for power demand of around 6 per cent. "Our projection of an increase of around 450 GW of renewable energy capacity over this period would be insufficient to meet such demand, implying that India's coal-based power generation capacity will continue to expand by 35 per cent over the next 10 years," it said.

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History of this topic

India's renewable energy sector may face regulatory actions like China and Europe: Report
1 day, 23 hours ago

India's renewable energy sector may face regulatory actions like China and Europe: Report

Hindustan Times  

India's renewable energy sector is soon likely to face regulatory pressures that takes cues from countries such as Europe and China to deal with challenges such as grid disturbances, and negative energy prices. Solar energy is the dominant contributor to India's renewable energy growth, accounting for 47% of the total installed renewable energy capacity. "As the share of renewable energy …

India Needs 7.8% Growth for Next 20 Years to Be HIC: World Bank
2 weeks, 6 days ago

India Needs 7.8% Growth for Next 20 Years to Be HIC: World Bank

Deccan Chronicle  

Chennai: India will have to grow by 7.8 per cent on average over the next 22 years, above its historical average of 6.7 per cent to achieve high-income status. However, to reach the High-Income Country status by 2047, India would need to grow above its historical average of 6.7 per cent for the next two decades. India’s overall labour force …

Global Investors Summit 2025: Sectors Attracting Maximum Investment
2 weeks, 6 days ago

Global Investors Summit 2025: Sectors Attracting Maximum Investment

Live Mint  

With significant investment proposals received at the Global Investors Summit 2025, held in Bhopal, Madhya Pradesh is emerging as a leading industrial and investment hub in India. Madhya Pradesh: Key Investment Sectors and Potential Industrial Policy Department The Industrial Policy Department of Madhya Pradesh has received ₹8.616 lakh crore in investment proposals, with an estimated 6 lakh new jobs to …

Global Investors Summit 2025: Key Sectors Driving Investment in Madhya Pradesh
2 weeks, 6 days ago

Global Investors Summit 2025: Key Sectors Driving Investment in Madhya Pradesh

Hindustan Times  

The Global Investors Summit 2025, held in Bhopal, has positioned Madhya Pradesh as a growing hub for industrial and economic development in India. Global Investors Summit 2025: Sectoral Analysis Major Investment Sectors Industrial Development The Industrial Policy Department of Madhya Pradesh has secured ₹8.616 lakh crore in investment proposals, with an estimated six lakh jobs to be created. Mining and …

India needs 7.8% average annual growth to become a high-income country by 2047: World Bank
2 weeks, 6 days ago

India needs 7.8% average annual growth to become a high-income country by 2047: World Bank

Live Mint  

India will need its economy to grow at an average annual rate of 7.8 per cent to become a high-income country by 2047. The World Bank said in its India Country Memorandum titled ‘Becoming a High-Income Economy in a Generation’ that India's growth averaged 6.3 per cent between 2000 and 2024. For India to become a high-income economy by 2047, …

India Must Double Solar, Wind Capacity to Meet 2030 Targets
3 weeks, 1 day ago

India Must Double Solar, Wind Capacity to Meet 2030 Targets

Deccan Chronicle  

New Delhi: With the record additions of renewable energy in 2024 and maintaining consistent growth in the energy sector, India must double its annual solar and wind capacity additions over the next five years to meet its ambitious 2030 clean-energy targets. The government targets adding nearly 130 gigawatts of prospective utility-scale solar and wind capacity in the upcoming years, and …

India’s GDP growth to hit 6.4% in 2025 weighed by exports amid US tariffs: Moody’s Analytics
Trending News
1 month ago

India’s GDP growth to hit 6.4% in 2025 weighed by exports amid US tariffs: Moody’s Analytics

Live Mint  

India’s Gross Domestic Product growth rate is expected to slow down further in 2025, Moody’s Analytics has said. In a report on Thursday, Moody’s said that India’s GDP growth rate will slow down to 6.4 per cent in 2025, from 6.6 per cent that was recorded in 2024. India’s growth to shrink further, China’s GDP to slow down too Moody’s …

India set to add 500 GW renewable energy capacity by 2030: Modi
1 month, 1 week ago

India set to add 500 GW renewable energy capacity by 2030: Modi

Deccan Chronicle  

New Delhi: Emphasising that the next two decades would be crucial for India's goal of becoming a Viksit Bharat, Prime Minister Narendra Modi on Tuesday announced that India is set to add 500 gigawatts of renewable energy capacity by 2030. He also urged investors to invest in India’s energy sector, saying the country offers many possibilities in view of its …

Budget aims to deepen electronic goods value chain; capex target disappoints industry
1 month, 2 weeks ago

Budget aims to deepen electronic goods value chain; capex target disappoints industry

Live Mint  

Budget 2025-26 has placed emphasis on the backward integration of India’s electronic goods value chain and other capital-goods industries with a reduction in basic customs duty on components. To boost the mobile phones and electric vehicles value chains, the duties on parts used in printed circuit boards, camera modules and various other components of mobile phones have been removed. “To …

The budget’s horizon is closer: Just as our growth challenge needs it to be
1 month, 2 weeks ago

The budget’s horizon is closer: Just as our growth challenge needs it to be

Live Mint  

Ever since India’s government set the goal of a Viksit Bharat by 2047, Union budgets have been bifocal. This is a sign of the Centre’s confidence not just in this agenda, with its mix of short- and long-horizon gains, but also in its capacity to make full use of it amid scepticism evoked by missed targets; its revised capex for …

Budget 2025: Significant Tax Cuts and Reforms to Empower Middle Class and Boost Economy | ABP NEWS
1 month, 2 weeks ago

Budget 2025: Significant Tax Cuts and Reforms to Empower Middle Class and Boost Economy | ABP NEWS

ABP News  

The recent Indian Union Budget presented by Finance Minister Nirmala Sitharaman brings significant tax relief to the middle class. For those earning between ₹12 lakh and ₹16 lakh, the tax rate will be 15%, and it increases incrementally for higher income brackets, with a maximum of 30% for incomes above ₹24 lakh. Key announcements include opening the atomic energy sector …

Takeaways from India’s budget that slashes income tax on the salaried middle class to spur growth
1 month, 2 weeks ago

Takeaways from India’s budget that slashes income tax on the salaried middle class to spur growth

Associated Press  

NEW DELHI — Indian Prime Minister Narendra Modi’s government presented an annual budget to Parliament on Saturday that focused on wooing the salaried middle class with tax cuts and spurring economic growth by boosting agriculture and manufacturing. In her budget speech, Finance Minister Nirmala Sitharaman said the government is focused on boosting private investment to strengthen growth, increasing funding in …

External factors responsible for slowdown in growth: CEA Anantha Nageswaran
1 month, 2 weeks ago

External factors responsible for slowdown in growth: CEA Anantha Nageswaran

New Indian Express  

NEW DELHI: The golden era of globalisation probably disappearing amid geopolitical and policy uncertainties, resulting in the economic growth slowdown, Chief Economic Adviser V Anantha Nageswaran said on Friday. India's economy is likely to expand by 6.3 to 6.8 per cent in the coming fiscal, much lower than what is needed to become a developed country, and requires deregulation and …

Is India getting FDI right? Economic Survey records 18% growth in first 8 months of 2024-25
1 month, 2 weeks ago

Is India getting FDI right? Economic Survey records 18% growth in first 8 months of 2024-25

Firstpost  

Over the long term, FDI inflows into India have exceeded $1 trillion from April 2000 to September 2024, reinforcing the country’s status as a significant global investment hub, according to the Economic Survey 2024-25 India recorded a revival in foreign direct investment for the fiscal year 2025, with gross inflows rising from $47.2 billion in the first eight months of …

India’s net zero goal hinges on investment, minerals
1 month, 2 weeks ago

India’s net zero goal hinges on investment, minerals

Live Mint  

New Delhi: India needs to adopt a strong strategy to integrate climate considerations across sectors, with sufficient financing options and targeted policy measures to tackle climate change, according to the Economic Survey 2024-25. But while highlighting India’s progress in building renewable energy capacity, the survey said effectively harnessing and scaling these resources remained challenging due to a lack of viable …

Economic Survey 2025: Infra investment must increase over next 20 years. It is time for the private sector to step up
1 month, 2 weeks ago

Economic Survey 2025: Infra investment must increase over next 20 years. It is time for the private sector to step up

Live Mint  

India needs to continue stepping up infrastructure investment over the next two decades to sustain a high growth rate, said the Economic Survey 2024-25 on 31 January. The survey, by India's chief economic advisor V. Anantha Nageswaran, also said coordinated action was required from all stakeholders—governments at different tiers, financial market players, project management experts and planners, and the private …

Need 8% growth for two decades, deregulation, land-labour reform for Viksit Bharat 2047: Economic Survey
1 month, 3 weeks ago

Need 8% growth for two decades, deregulation, land-labour reform for Viksit Bharat 2047: Economic Survey

New Indian Express  

NEW DELHI: India needs to grow at 8 percent for up to two decades to become a developed nation by 2047, the Economic Survey said on Friday, pitching for a slew of reforms, including land and labour, to achieve the ambitious target. It further said that to achieve this growth, the investment rate must rise to 35 percent of GDP, …

Renewable energy accounts for 47 per cent of India’s total installed power capacity: Economic Survey
1 month, 3 weeks ago

Renewable energy accounts for 47 per cent of India’s total installed power capacity: Economic Survey

New Indian Express  

NEW DELHI: Renewable energy now accounts for approximately 47 per cent of India’s total installed power capacity, according to the Economic Survey for 2024-25. The country's renewable energy capacity grew by 15.8 per cent year-on-year, reaching 209.4 GW by December 2024, up from 180.8 GW in December 2023. Overall, the power sector continues to expand, with installed capacity rising by …

PSBs to finance ₹10 trillion for green energy projects by 2030
1 month, 2 weeks ago

PSBs to finance ₹10 trillion for green energy projects by 2030

Live Mint  

New Delhi: Public sector banks are likely to finance about ₹10 trillion to renewable energy projects in the country by 2030 to help India achieve its energy transition goals. Speaking at the India Energy Transition Summit organized by FICCI, M. Nagaraju, secretary to the department of financial services, also highlighted issues such as delayed payments which impact the growth of …

Budget 2025 And Stock Market: How The Changes Will Impact Long-Term Investments Across Sectors?
1 month, 3 weeks ago

Budget 2025 And Stock Market: How The Changes Will Impact Long-Term Investments Across Sectors?

ABP News  

By Achin Goel Indian stock market outlook will be determined by the interplay of domestic fiscal policies as well as the Budget 2025 and international trade dynamics, particularly in light of the recent inauguration of Donald Trump as the US President. As India approaches the Union Budget 2025, set to be unveiled on February 1, expectations are high regarding potential …

India to grow at 6.7 per cent for next 2 fiscal years: World Bank
Trending News
2 months ago

India to grow at 6.7 per cent for next 2 fiscal years: World Bank

Deccan Chronicle  

Washington: India's economic growth is projected to remain steady at 6.7 per cent per annum for the next the two fiscals beginning April 2025, according to the World Bank's latest growth estimates for South Asia. Growth in South Asia is expected to rise to 6.2 per cent in 2025-26, with the projected firm growth in India, the World Bank said …

India adds record renewable energy capacity of about 30 GW in 2024
2 months, 1 week ago

India adds record renewable energy capacity of about 30 GW in 2024

The Hindu  

India logged a record high renewable energy capacity addition of about 30 GW in 2024, more than 113% higher than 13.75 GW recorded in 2023, according to the Ministry of New & Renewable Energy data. This assumes significance in view of India's ambitious plan to have 500 GW of renewable energy capacity in the country by 2030. Besides, India needs …

India’s economy projected to grow 6.6% in 2025, driven by private demand, investment: UN
2 months, 1 week ago

India’s economy projected to grow 6.6% in 2025, driven by private demand, investment: UN

Live Mint  

The Indian economy is projected to expand by 6.6 per cent in 2025, primarily supported by robust private consumption and investment, according to a United Nations report. It also said that the near-term outlook for South Asia is expected to remain robust, with growth projected at 5.7 per cent in 2025 and 6.0 per cent in 2026, “driven by strong …

Decoding India’s growth slowdown
Trending News
2 months, 1 week ago

Decoding India’s growth slowdown

The Hindu  

The first advance estimates of India’s Gross Domestic Product in 2024-25, released by the National Statistics Office this week, shows a decline in the real GDP growth rate to 6.4% from 8.2% registered in 2023-24. The annual growth rates of real gross fixed capital formation in public and private sectors During the 10 years of the United Progressive Alliance rule, …

Budget 2025 preview — Part 1: Fiscal deficit, FDI, disinvestment, energy issues
2 months, 2 weeks ago

Budget 2025 preview — Part 1: Fiscal deficit, FDI, disinvestment, energy issues

Live Mint  

Foreign direct investment inflows into India—investments by foreign entities in domestic businesses—hold the potential to transform the economy. Fiscal deficit: Tax buoyancy holds the key to managing deficits India introduced the Fiscal Responsibility and Budget Management Act in 2003, targeting a fiscal deficit—the gap between government spending and revenue—of 3% of GDP. In 2022-23, the last year for which actual …

Budget 2025 preview — Part 1: Fiscal deficit, FDI, disinvestment, energy issues
2 months, 2 weeks ago

Budget 2025 preview — Part 1: Fiscal deficit, FDI, disinvestment, energy issues

Live Mint  

Foreign direct investment inflows into India—investments by foreign entities in domestic businesses—hold the potential to transform the economy. Fiscal deficit: Tax buoyancy holds the key to managing deficits India introduced the Fiscal Responsibility and Budget Management Act in 2003, targeting a fiscal deficit—the gap between government spending and revenue—of 3% of GDP. In 2022-23, the last year for which actual …

India met all-time maximum power demand of 250 GW in 2024
2 months, 2 weeks ago

India met all-time maximum power demand of 250 GW in 2024

Live Mint  

New Delhi, January 1 : The year 2024 marked a landmark period for India's power sector, with historic advancements in energy generation, transmission, and distribution. From meeting record power demand of 250 GW to reducing energy shortages at the national level to a mere 0.1 per cent in 2024-25, the sector demonstrated resilience and commitment to sustainable growth. In the …

India’s Economy Is Likely to Grow by 6.5 per Cent in the Current and the Next Financial Year
2 months, 3 weeks ago

India’s Economy Is Likely to Grow by 6.5 per Cent in the Current and the Next Financial Year

Deccan Chronicle  

New Delhi: India's economy is likely to grow by 6.5 per cent in the current and the next financial year, attributing lower than anticipated expansion in the September quarter to fall in private consumption expenditure and gross fixed capital formation. The economy continued to be negative even in October 2024 at 8.4 per cent, implying that in the first seven …

India's GDP growth seen at 6.5% in FY25, FY26: EY report
2 months, 3 weeks ago

India's GDP growth seen at 6.5% in FY25, FY26: EY report

New Indian Express  

NEW DELHI: India's economy is likely to grow by 6.5 percent in the current and the next financial year, an EY report said, attributing lower than anticipated expansion in the September quarter to fall in private consumption expenditure and gross fixed capital formation. The EY Economy Watch December 2024 forecasts India's real GDP growth at 6.5 percent for FY25 and …

The reforms we need to achieve 2047 goal
3 months, 1 week ago

The reforms we need to achieve 2047 goal

New Indian Express  

India needs to grow at around 8 percent a year through the next few decades to become a developed nation by 2047. Continuous reforms can help unlock India’s growth potential and place it firmly on the required 7.5 - 8 percent growth trajectory. India’s focus on reforms even during the tumultuous pandemic has been one of the key drivers of …

IIM Lucknow study reveals $1.7 trillion investment needed for net-zero goals
3 months, 2 weeks ago

IIM Lucknow study reveals $1.7 trillion investment needed for net-zero goals

India Today  

Researchers from the Indian Institute of Management, IIM Lucknow and Ahmedabad University have conducted a study outlining the necessary steps for India's industrial sector to achieve net-zero emissions by 2070. The study has been published in the prestigious journal Applied Energy and emphasises the need for transformative changes in the industrial domain of India to align with the nation's net-zero …

India’s GDP growth shocker: Bad news can be good too
3 months, 2 weeks ago

India’s GDP growth shocker: Bad news can be good too

Live Mint  

India’s growth in gross domestic product of 5.4% in the three months ended 30 September, or the second quarter of 2024-25, was a shocker. It’s the lowest level seen since the third quarter of 2022-23 and a sharp drop from 8.1% growth in the same period last year and also from 6.7% in the first quarter of 2024-25. Given the …

India’s Potential GDP Growth Pegged at 6.5–7 Percent: Chief Economic Advisor
3 months, 2 weeks ago

India’s Potential GDP Growth Pegged at 6.5–7 Percent: Chief Economic Advisor

Deccan Chronicle  

New Delhi: In line with the Economic Survey, India's chief economic advisor V Anantha Nageswaran on Monday said that the country's potential GDP growth is in the range of 6.5-7 percent and the country should be able to achieve it on the back of things that have already happened in the last 10 years whether it is in terms of …

Private Industrial Capex to Touch Rs 6.7 Lakh Cr in FY28
3 months, 3 weeks ago

Private Industrial Capex to Touch Rs 6.7 Lakh Cr in FY28

Deccan Chronicle  

Chennai: Private industrial capex is expected to go up 52 per cent from Rs 4.4 lakh crore in FY24 to Rs 6.7 lakh crore in FY28 as India transitions to value-added manufacturing, increases capacity utilization in conventional sectors and attracts green energy investments. As India moves forward, while infrastructure capex is expected to continue to grow, private sector investments are …

India's Renewable Energy Capacity Hits New Milestone: Centre
4 months, 1 week ago

India's Renewable Energy Capacity Hits New Milestone: Centre

Deccan Chronicle  

New Delhi: India has reached a significant milestone in its renewable energy journey, with the country's total renewable energy capacity crossing the 200 GW. India's total renewable energy installed capacity surged by an impressive 24.2 GW in just one year, reaching 203.18 GW in October 2024, up from 178.98 GW in October 2023. India's total electricity generation capacity has reached …

India's climate policies expected to reduce CO2 emissions by around 4 billion tonnes by 2030: Report
4 months, 1 week ago

India's climate policies expected to reduce CO2 emissions by around 4 billion tonnes by 2030: Report

The Hindu  

India's current climate policies are projected to reduce carbon dioxide emissions by around four billion tonnes between 2020 and 2030, and drive a 24% reduction in coal-based power generation, according to a new report. The study by Delhi-based independent think tank Council on Energy, Environment and Water said policies for India's power, residential and transport sectors have already saved 440 …

India has pushed hard for solar. But as its billions demand more power, coal always gets the call
7 months, 2 weeks ago

India has pushed hard for solar. But as its billions demand more power, coal always gets the call

Associated Press  

BENGALURU, India — India Prime Minister Narendra Modi was in the midst of a monthslong reelection campaign this April when he took to social media to trumpet a “remarkable feat!” and a “historic milestone” for his country: crossing 1 billion metric tons of coal and lignite production. It was proof, Modi said, of India’s “commitment to ensuring a vibrant coal …

Budget 2024: A blueprint for sustainable growth and employment
7 months, 3 weeks ago

Budget 2024: A blueprint for sustainable growth and employment

The Hindu  

I would like to congratulate the Finance Minister for laying a well-defined road map for Viksit Bharat 2047 while continuing the focus on the immediate requirement. The support for the manufacturing sector, a package for employment generation, and the skilling and upskilling for 4.1 crore youth across sectors, are some of the key highlights of this budget. This, coupled with …

Economic Survey 2023-24: Balancing growth and green goals a tightrope walk for India
7 months, 3 weeks ago

Economic Survey 2023-24: Balancing growth and green goals a tightrope walk for India

The Hindu  

India's path to sustainable development is fraught with challenges, as the country grapples with the twin imperatives of meeting burgeoning energy demands and reducing carbon emissions, the Economic Survey 2023-24 revealed on July 22. Tabled in the Parliament, the Survey underscores the complexities of India's green transition, emphasizing the need for a diversified energy portfolio to achieve ambitious growth targets …

Coal to have significant place in India’s diversified energy basket: Eco Survey
7 months, 3 weeks ago

Coal to have significant place in India’s diversified energy basket: Eco Survey

Hindustan Times  

India will target a diversified set of sources for energy security with a significant place for thermal power, including coal to provide base load, to minimise risks associated with systems while pursuing low-emission pathways in line with national commitments, said the 2023-24 Economic Survey Union finance minister Nirmala Sitharaman tabled in Parliament on Monday. “This will also include a significant …

India’s E&P sector to offer $100 bn investment opportunity by 2030: Puri
8 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 …

India's solar output grows at slowest pace in six years in first half of 2024
8 months, 2 weeks ago

India's solar output grows at slowest pace in six years in first half of 2024

Hindustan Times  

By Sudarshan Varadhan and Cassandra Yap India's solar output grows at slowest pace in six years in first half of 2024 SINGORE, - India's solar power generation grew at the slowest pace in six years in the first half of 2024, an analysis of data from the federal grid regulator showed, as the country further stepped up reliance on coal …

Can India keep its net zero by 2070 promise?
8 months, 3 weeks ago

Can India keep its net zero by 2070 promise?

Hindustan Times  

What quantum of coal-based power generation capacity is under construction today? REUTERS/Francis Mascarenhas/File Photo When the CEA published its revised optimal generation mix report in April 2023, it projected a peak demand of 335 GW in 2029-30, and the required coal-based capacity was estimated at about 250 GW. Coal-based capacity existing when the CEA finalised its optimal mix report totalled …

IMF says India's GDP growth to moderate to 7% in 2024 and 6.5% in 2025
8 months, 3 weeks ago

IMF says India's GDP growth to moderate to 7% in 2024 and 6.5% in 2025

Times of India  

NEW DELHI: The International Monetary Fund has forecast that India's GDP is likely to grow to moderate from 8.2% in 2023 to 7% in 2024 and 6.5% in 2025. "In India, the outlook is for GDP growth to moderate from 8.2% in 2023 to 7% in 2024 and 6.5% in 2025, because pent-up demand accumulated during the pandemic has been …

India's coal dependence for power to be highest in nine years as heatwaves intensify
9 months ago

India's coal dependence for power to be highest in nine years as heatwaves intensify

Hindustan Times  

India will use more coal for generating electricity this year than it has in almost a decade, to cope with surging electricity demand, Bloomberg reported. Representational The country expects to add 15.4 gigawatts in the financial year 2024-25, the most in nine years, people familiar with the matter told Bloomberg. Coal still generates about three-quarters of India’s electricity, and the …

India’s Investment To GDP Ratio To Touch 36 Per Cent In FY27: Morgan Stanley
1 year ago

India’s Investment To GDP Ratio To Touch 36 Per Cent In FY27: Morgan Stanley

ABP News  

India’s current economic growth journey resembles that of the 2003-07 period, when growth clocked an average of over 8 per cent, economists at Morgan Stanley said. Even when oil prices shot up to $145 per barrel in July 2008, the current account deficit only widened to 2.4 per cent of GDP the following quarter,” the report noted. Now that corporate …

Moody's raises India's 2024 growth forecast to 6.8%
1 year ago

Moody's raises India's 2024 growth forecast to 6.8%

The Hindu  

Global rating agency Moody's on March 4 raised India's growth forecast for 2024 calendar year to 6.8%, from 6.1% estimated earlier, on the back of 'stronger-than-expected' economic data of 2023 and fading global economic headwinds. “Capital spending by the government and strong manufacturing activity have meaningfully contributed to the robust growth outcomes in 2023,” Moody’s Investors Service said. India is …

India needs to grow at rapid rates to become $35 trn economy by 2047: Kant
1 year ago

India needs to grow at rapid rates to become $35 trn economy by 2047: Kant

Business Standard  

"Our aim will be to become the cheapest producer, the cheapest exporter of green hydrogen and its liquid form ammonia and to be the biggest manufacturer of electrolyzer," he said | Photo: Bloomberg India will be the third largest economy by 2027 and it needs to grow at rapid rates to become a $35 trillion economy by 2047, the country's …

Govt seeks nuclear power investment worth $26 billion from Adani, RIL & others
1 year, 1 month ago

Govt seeks nuclear power investment worth $26 billion from Adani, RIL & others

Live Mint  

The government will invite private firms to invest about $26 billion in in the nuclear energy sector to increase the amount of electricity from sources that don't produce carbon dioxide emissions, according to a report y news agency Reuters. This is the first time that the government is pursuing private investment in nuclear power, a non-carbon-emitting energy source that contributes …

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