In Short : The Union Power Minister inaugurated EDICON 2026, underscoring the critical need for financially robust distribution companies and improved quality of electricity services. Highlighting DISCOMs as the backbone of the power sector, the Minister called for reforms, efficiency improvements, and consumer-centric operations to ensure reliable, affordable power and support India’s evolving energy and […]
In Short : India’s power distribution utilities have reported a positive Profit After Tax after years of persistent losses, marking a significant turnaround for the sector. Union Power Minister Manohar Lal described this milestone as the beginning of a new chapter, driven by sustained reforms, improved efficiency, tighter financial discipline, and policy-led interventions aimed at […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]