Tag Archives: renewable energy

India has reiterated that equitable, predictable, and concessional climate finance remains central to achieving global climate goals, underscoring the principle of fairness and shared responsibility at the Leaders’ Summit of COP30 in Belem, Brazil.Delivering India’s National Statement, Ambassador Dinesh Bhatia said the country’s climate action continues to be guided by equity, national circumstances, and the principles of Common but Differentiated …

File photo: President Droupadi Murmu (Picture credit: ANI) India is working not only to achieve its clean energy goals but also to emerge as a global hub that aggregates global solar demand and drives innovation, manufacturing and knowledge exchange by 2050, President Droupadi Murmu said on Tuesday.Addressing the 8th Session of the International Solar Alliance (ISA) in New Delhi, the …

NEW DELHI: Reduction of GST (goods and services tax) from 12% to 5% across the renewable energy value chain is expected to bring down the power procurement costs of discoms (distribution utilities) across the country by roughly Rs 3,000 crore annually, the government said on Wednesday.The savings may not lead to reduction in consumer tariffs as they do not fully …

Indian Oil Corporation (IOC), the country’s largest fuel retailer, has lined up investments worth Rs 1.66 lakh crore over the next five years to strengthen its core refining and fuel marketing operations while accelerating expansion in petrochemicals, natural gas, and renewables, chairman Arvinder Singh Sahney said on Saturday.Addressing shareholders at the company’s annual meeting, Sahney said refining capacity would rise …

Dharan Infra–EPC Ltd has taken a decisive step into the renewable energy sector by establishing a wholly-owned subsidiary, Dharan Infra Solar Pvt Ltd, to spearhead its entry into solar power and hybrid energy systems.The new entity will oversee the design, development, and execution of solar modules, cells, and associated accessories. According to a regulatory filing, Dharan Infra Solar aims to …

50 States, 50 Fixes Nearly 500 buildings in the state capital get their heat from a clean, renewable source located deep in the ground. It’s pretty easy to get into hot water in Boise. After all, it’s in Idaho, a state filled with hundreds of hot springs. The city has tapped into that naturally hot water to create the largest …

Indian Railways is progressing towards achieving complete electrification of broad gauge routes. (AI image) Indian Railways is developing a diversified energy strategy for its net zero 2030 initiative, incorporating nuclear, solar, hydropower, wind and thermal sources, according to officials. The strategy aims to fulfil the national transporter’s 10-gigawatt (GW) traction requirement for operating trains by 2030.To meet its energy needs …

NEW DELHI: Adani Green Energy has pulled out of two proposed wind power projects and linked transmission lines, which would have seen a total investment of about $1 billion, in Sri Lanka after Colombo sought to trim the tariff.The company wrote to Sri Lanka’s Board of Investment on Wednesday to convey its decision. “Adani Green Energy has conveyed its board’s …

NEW DELHI: Adani Group has denied the reports of cancellation of power purchase deal with Sri Lanka and called it “false and misleading”. It categorically mentioned that the projects were still on amid US indictment. “Reports that Adani’s 484 MW wind power projects in Mannar and Pooneryn have been cancelled are false and misleading. We categorically state that the project …

NEW DELHI: Adani Green Energy Ltd (AGEL) on Thursday posted over 85 per cent rise in consolidated net profit to Rs 474 crore for December quarter on the back of higher revenues from power supply. The company had logged a net profit of Rs 256 crore in the year-ago period, according to a BSE filing. Revenue from power supply rose …