In Short – India is experiencing a surge in hydroelectric projects, propelling its renewable energy revolution. These initiatives signify a significant step towards sustainable energy production, bolstering India’s commitment to renewable sources and fostering a greener future. In Details – With an aggregate capacity of 15 GW currently under construction, the nation is poised to […]
In Short – Oil India Limited has partnered with Guwahati Municipal Corporation (GMC) to collaborate on converting waste into renewable Compressed Biogas (CBG). This initiative aims to promote sustainable energy practices, reduce waste pollution, and contribute to India’s renewable energy goals. In Details – Oil India Limited (OIL) and the Guwahati Municipal Corporation (GMC) have […]
In Short – LyondellBasell and Encavis Asset Management AG have jointly announced a renewable energy power purchase agreement (PPA). This agreement signifies LyondellBasell’s commitment to sustainable practices by sourcing renewable energy, contributing to environmental stewardship and reducing carbon emissions. In Details – LyondellBasell and Encavis Asset Management AG (Encavis AM) announced they signed a power […]
In Short – NLC India is planning to divest renewable assets valued at approximately $720 million. This strategic move signals a shift towards green energy initiatives, reflecting the company’s commitment to sustainable practices and aligning with global trends in renewable energy investment. In Details – State-run coal miner and power producer NLC India Ltd. is […]
In Short – IREDA’s board has cleared a proposal to borrow Rs 24,200 crore for the fiscal year 2025. This significant borrowing allocation indicates the organization’s strategic financial planning and its commitment to support renewable energy initiatives and projects in the coming year. In Detail – State-owned Indian Renewable Energy Development Agency Ltd’s (IREDA) board on […]
Powering India’s future: Ramping up country’s renewable energy capacity In Short – “”Empowering India’s future by ramping up renewable energy capacity, vital for sustainable development and combating climate change. This strategic move aligns with national goals, driving towards a greener, more resilient energy landscape. In Detail : As India rises on the global stage, its energy […]
Welspun Flooring to source renewable energy from SPV Welspun Bhargavi In Short -Welspun Flooring to procure renewable energy from SPV Welspun Bhargavi In Detail -Welspun Living announced that its wholly owned subsidiary, Welspun Flooring (WFL) is investing Rs 1.76 crore in Welspun Bhargavi (WBPL), a special purpose vehicle, for setting up of […]
In Short : In Gujarat, a state-of-the-art Penta plant by the Swedish multinational company Perstorp India has been commissioned in Bharuch. This development highlights the company’s investment in advanced manufacturing facilities, potentially contributing to the industrial landscape of the region. In Detail : In Sayakha Perstorp will produce a Penta product mix that includes renewable-based, […]
NEW DELHI : India will issue tenders for the installation of 250 gigawatts (GW) of green energy capacity by March 2028, according to a government memo released on Monday, as it looks to cut its emissions by 45% from 2005 levels. After missing a target to install 175 GW in renewable energy capacity by 2022, […]