In Short : Power Minister Manohar Lal highlighted the importance of climate finance in accelerating India’s clean energy transition. He stressed the need for increased investments in renewable energy, energy efficiency, and low-carbon technologies to achieve national sustainability goals. Strengthening climate finance mechanisms is crucial for enabling large-scale decarbonization, fostering green growth, and supporting India’s […]
Tripura Shifts Focus to Solar Power as Gas Reserves Decline, Says Power Minister – EQ
In Short : Tripura Power Minister Ratan Lal Nath said dwindling gas reserves are hampering output at key plants, making solar energy the state’s future focus. Under the PM Surya Ghar scheme, rooftop solar will be promoted to households. The government also plans to revive hydropower projects and develop a pumped-storage facility to ensure sustainable […]
India’s carbon market to be launched in 2026, says power minister – EQ
In Short : India will launch its carbon market by 2026 to help industries meet global emission standards. Companies can trade carbon credits, rewarding cleaner energy use. The Bureau of Energy Efficiency will regulate it, covering multiple greenhouse gases. This move aligns with global climate goals and supports exporters facing carbon regulations like the EU’s […]
Power Minister R K Singh Says, India Is One Of The Lowest Carbon Emitters In World & Emerged As Global Leader In Energy Transition – EQ
In Short – India’s Power Minister, R K Singh, asserts that India stands as one of the world’s lowest carbon emitters and has emerged as a global leader in energy transition. This recognition underscores India’s commitment to reducing carbon footprint while spearheading the transition towards cleaner and more sustainable energy sources on the global […]
Power Minister aims to cut energy storage costs from Rs 10-18/kWh – EQ
In Short : The Power Minister aims to reduce energy storage costs from the current range of Rs 10-18 per kilowatt-hour (kWh). This indicates an effort to make energy storage technologies more cost-effective, which is crucial for the widespread adoption of renewable energy and grid stability. Lowering storage costs can contribute to making clean energy […]
Power Minister calls for private investment in thermal capacity till 24×7 renewables storage is cost-effective – EQ
In Short : The call by the Power Minister for private investment in thermal capacity until 24×7 renewables storage becomes cost-effective is a forward-thinking approach. It recognizes the need for a smooth transition from traditional thermal power to renewable energy sources. In Detail : Calling for private investment in thermal power capacity addition, Union Minister […]
Goal to Triple Renewable Energy Capacity as per ‘National Circumstances’: Power Minister at 6th ISA Assembly – EQ
In Short : During the 6th International Solar Alliance (ISA) Assembly, India’s Power Minister emphasized the nation’s commitment to tripling its renewable energy capacity. He clarified that this goal is aligned with India’s national circumstances, emphasizing the country’s dedication to accelerating the transition to clean energy sources. The ISA plays a vital role in fostering […]
Power minister pitches for solar panels in fallow fields – EQ
In Short : India’s Power Minister has advocated for the installation of solar panels on fallow agricultural fields. This innovative approach aims to harness unused land for renewable energy generation, promoting solar farming and boosting the country’s clean energy capacity. By utilizing fallow fields, India can significantly expand its solar infrastructure, tapping into vast agricultural […]
India’s power minister accuses west of hypocrisy over energy transition – EQ Mag
Official says foreign subsidies are undermining renewable industries ahead of Modi’s US state visit US and European efforts to subsidise domestic renewable energy industries are tantamount to western “protectionism” and will hold back developing countries’ climate ambitions, India’s power minister has warned. Raj Kumar Singh, India’s minister for power and renewable energy, said measures such […]
Power minister says global energy transition discourse needs to move together with energy security – EQ Mag
The First G-20 Energy Transition Working Group meeting was inaugurated in Bengaluru, in the presence of Union Minister of Power and New and Renewable Energy R K Singh and Union Minister of Parliamentary Affairs, Coal and Mines Prahlad Joshi. The first G-20 Energy Transition Working Group meeting under India’s Presidency is held in Bengaluru from […]