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Green Energy

It is important for India to establish a coherent and comprehensive tax framework which will incentivise green investment and support the renewable energy value chain among other measures

Updated On: 20 Jan 2025 | 8:53 AM IST
Bs_logoGreen transition: Expectations and recommendations for Budget 2025

India and Singapore are working on establishing a green energy corridor and looking at boosting cooperation in areas like green hydrogen, green shipping, semiconductor and manufacturing, the Ministry of External Affairs (MEA) said on Friday. The MEA said this while briefing the media on the ongoing visit of Singaporean President Tharman Shanmugaratnam to India. Shanmugaratnam held separate talks with President Droupadi Murmu and Prime Minister Narendra Modi on Thursday with a broad focus on further expansion of the bilateral ties. There is already work going on for setting up a green hydrogen corridor between the eastern part of India and Singapore, Secretary (East) in the MEA Jaideep Mazumdar said. The green corridor includes a link from Tuticorin and another from Paradip in Odisha, Mazumdar said. The two sides are also looking at setting up a data corridor between the GIFT City in Gujarat and Singapore. The data corridor is an important venture between Gujarat's GIFT City and .

Updated On: 17 Jan 2025 | 9:55 PM IST
Bs_logoIndia-Singapore to build green energy corridor, work in key sectors

Till 03:22 PM; a combined 19.16 million equity shares changed hands and there were pending buy orders for 3.19 million shares on the NSE and BSE.

Updated On: 14 Jan 2025 | 3:55 PM IST
Bs_logoNTPC Green recoups partly from 30% fall; freezes at 10% upper circuit

Chief Minister N Chandrababu Naidu on Sunday said that Andhra Pradesh will be transformed into a clean and green energy hub, encouraging the use of non-polluting fuel. Observing that revolutionary changes are happening across the country in fuel and energy, the CM said the southern state is very keen on using natural gas. "We are very keen to use natural gas in Andhra Pradesh and for that we will extend all the cooperation to those who are interested to work in this direction," said Naidu, addressing a conference organised by a city gas distribution company. On Sunday, he started piped gas supply for domestic consumers in Tiruchanur and also flagged off a rally of vehicles powered by compressed natural gas. During the erstwhile TDP government in 2014-2019, Naidu said he planned gas distribution for 99 lakh families in all cities of the state by engaging five companies, but alleged that the YSRCP government had cancelled them. However, as soon as he became the CM in 2024, Naidu sai

Updated On: 12 Jan 2025 | 11:47 PM IST
Bs_logoAndhra Pradesh will be transformed into a green energy hub, says CM Naidu

Envision Energy India on Thursday said it has secured a 1 GW wind energy project and its first 320 MWh battery energy storage system order from Juniper Green Energy (JGE). JGE will deploy Wind Turbine Generators (WTGs) for various projects secured through State and Central auctions, as well as the Battery Energy Storage System (BESS) package for the Firm Dispatchable Renewable Energy (FDRE) project awarded to SJVN under its first FDRE auction, according to a statement. Envision Energy India said it has signed up with JGE for the supply of 200 EN 182|5MW turbine platforms, along with its debut 320 MWh BESS. Envision's WTGs are based on 182-metre rotor diameter, hub height of 140-metre and an ideal configuration for wind & site conditions in India. This 5MW turbine platform has a proven performance in booming markets of Middle East and North Africa (MENA) region, Southeast Asia, and China. Envision's energy storage solution with 5MWh and 20-feet containerised storage unit will be ..

Updated On: 09 Jan 2025 | 1:14 PM IST
Bs_logoEnvision bags 1GW wind, first 320 MWh BESS orders from Juniper Green Energy

The Karnataka High Court has invalidated the Electricity (Promoting Renewable Energy Through Green Energy Open Access) Rules, 2022, formulated by the Central Government for the generation, purchase, and consumption of renewable energy. The Court ruled that the Centre lacked the authority under the Electricity Act, 2003, to frame such rules, as the Act specifically grants this power to the Karnataka Electricity Regulatory Commission (KERC). Justice N S Sanjay Gowda noted that the Act was designed to ensure that regulatory powers, including tariff determination and open access provisions, are handled by independent bodies like the KERC, free from governmental interference. "The Parliament, through the Electricity Act, entrusted the Regulatory Commissions with the exclusive power to oversee open access. The Central Government cannot bypass this legislative mandate by framing its own rules," the Court stated. The Court also struck down the Karnataka Regulatory Commission (Terms and ...

Updated On: 08 Jan 2025 | 6:51 PM IST
Bs_logoKarnataka HC strikes down central rules on green energy open access

As barren arid land gets covered with solar panels and giant windmills dot the coastline, India made it to the high table of clean energy superpowers with installed capacity crossing 200 gigawatts and projections of investment doubling to over USD 32 billion in 2025. According to the International Energy Agency, India's annual renewable capacity additions through 2030 are expected to increase more quickly than any other major economy, including China. It seeks India's capacity addition more than quadrupling from 15 GW in 2023 to 62 GW in 2030. By the end of 2024, its installed capacity touched 205 GW. Alongside, domestic solar PV and wind turbine manufacturing is being scaled up as part of the broader commitment to decarbonise and shift away from fossil fuels. India, which has set 2070 as the target for Net Zero, is aiming 500 GW of renewable energy capacity by 2030. To achieve this it is looking to add 50 GW of renewable energy (RE) capacity annually. Talking to PTI, Union New & .

Updated On: 31 Dec 2024 | 10:58 AM IST

As of October 2024, India's non-fossil base, including solar, wind, large-hydro and other renewables, surpassed 200 gigawatt (Gw)

Updated On: 24 Dec 2024 | 7:00 PM IST

Instead of FGDs, government officials have proposed deploying locally made electrostatic precipitators that remove fine particles such as dust and smoke from emissions

Updated On: 24 Dec 2024 | 3:51 PM IST

State-run power giant NTPC on Monday said it has signed an initial pact with GRIDCO and CRUT to set up green hydrogen infrastructure in Odisha. NTPC has signed a Memorandum of Understanding (MoU) with GRIDCO, a Government of Odisha undertaking for Energy and Capital Region Urban Transport (CRUT), the public transit agency of the state government, on Monday, as per a statement. The tripartite MoU intends to further green energy technologies in Odisha, especially green hydrogen mobility scheme. As per the MoU, NTPC will set up a green hydrogen fuelling station in Bhubaneswar, along with hydrogen buses for short-haul and long-haul operations. This will open an option of phasing out fossil fuel buses in favour clean and green fuels, bringing decarbonisation and energy security. The Ministry of New & Renewable Energy has contributed partially for setting up of the project in Bhubaneswar. The NTPC is operating the green hydrogen blending project in Surat for the last two years and has

Updated On: 23 Dec 2024 | 11:12 PM IST

The Indian Renewable Energy Development Agency Limited has sanctioned over Rs 3,000 crore for green energy projects across Odisha, covering solar, hydro, ethanol and renewable energy manufacturing sectors, a top IREDA official said here on Monday. Chairman and Managing Director of IREDA, Pradip Kumar Das said this while addressing the Odisha Solar Investor Conclave, organised by GRIDCO and iFOREST (International Forum for Environment Sustainability and Technology) here. Das reaffirmed its commitment to Odisha's ambitious renewable energy target, with the state setting its vision on achieving 10 GW (gigawatt) capacity by 2030. He highlighted IREDA's unique position as a competitive financier with fully paperless, digitized and borrower-friendly operations, fostering seamless support for green energy projects. Das said Odisha has the potential to emerge as a leading solar power producer and a hub for solar equipment manufacturing. Sharing IREDA's national contributions, he noted tha

Updated On: 23 Dec 2024 | 7:47 PM IST

GH2 will not be cost-competitive with natural gas-based grey hydrogen until after 2050, as per the report. Current subsidies cover only 5 per cent of the cost gap and will run out before 2030

Updated On: 18 Dec 2024 | 12:07 AM IST

Jindal Saw on Tuesday said it has inked a pact to acquire 31.20 per cent equity in ReNew Green Energy. However, the company did not divulge the financial details of this equity acquisition. In a filing, Jindal Saw said, "It has entered into a share purchase agreement with ReNew Green Energy Solutions Private Limited (RGES) to acquire shareholding up to 31.20 per cent equity share capital in ReNew Green MHH One Private Limited (RGMHH), which resulted RGMHH as an associate of the company". The acquisition is with an objective to procure electricity at a concessional rate, the company said. Jindal Saw further said it aims to complete the acquisition by May 31, 2025, or any other date as may be mutually decided between the parties. It is a manufacturer and supplier of steel pipe products, fittings and accessories with manufacturing facilities in India, the US, Europe and the UAE.

Updated On: 17 Dec 2024 | 9:50 PM IST

Jean Baptiste-Fressoz's book exposes how governments and corporations embrace green rhetoric while reinforcing the carbon economy

Updated On: 17 Dec 2024 | 1:29 AM IST

About 75 per cent of SECI's new bids for renewable power will now be based on specific demand from states instead of the earlier practice of mainly seeking power suppliers first through tenders

Updated On: 16 Dec 2024 | 11:03 PM IST

Hybrid tenders, combining traditional and renewable energy sources, are crucial for shaping a country's energy future

Updated On: 16 Dec 2024 | 3:36 PM IST

The company's shares have consistently traded well below a peak of about $12 in February 2021. A buyback of cheap shares could represent an opportunity as the Indian market is set to grow

Updated On: 11 Dec 2024 | 7:32 PM IST

The government on Tuesday announced an Approved List of Models and Manufacturers (ALMM) for solar cells on the lines of module manufacturing to boost India's transition towards green energy. The government is aiming to make the second list (List II) under the ALMM for solar PV cells effective June 1, 2026, the Ministry of New and Renewable Energy (MNRE) said in a statement. From June 2026, all solar PV modules used in projects including government-backed schemes, net-metering projects, and open-access renewable energy initiatives will be required to source their solar cells from ALMM List-II, ensuring quality and reliability in solar PV cells used in India's energy infrastructure, the MNRE said in a statement. "MNRE announces a significant amendment to the ALMM Order, 2019, which will have far-reaching implications for India's solar power sector and its clean energy transition," the statement said. An exemption will apply for projects that have already been either awarded or ...

Updated On: 10 Dec 2024 | 9:19 PM IST

India is in the process of providing viability gap funding for electrolyser manufacturing capacity of about 3,000 MW per annum to boost green hydrogen production in the country, Parliament was informed on Tuesday. This assumes significance as India had launched the National Green Hydrogen Mission with an initial outlay of Rs 19,744 crore in January 2023. The Mission aims to develop green hydrogen production capacity of at least 5 MMT (Million Metric Tonne) per annum with an associated renewable energy capacity addition of about 125 GW in the country. "For Electrolyser Manufacturing, contracts have been awarded/are under process for a capacity of 3,000 MW per annum," Minister of State for New & Renewable Energy Shripad Yesso Naik said in a written reply to Rajya Sabha. He further said for Green hydrogen production, capacity has been awarded for 4,12,000 tons per annum. The Mission also aims to attract over Rs 8 lakh crore in total investments and creation of over six lakh jobs with

Updated On: 10 Dec 2024 | 6:35 PM IST

Electric two-wheeler manufacturer PURE EV announced plans on Wednesday to expand its dealership network to over 320 outlets across India by mid-2027. The company plans to launch PuREPower in 2025, leveraging its vehicle battery and powertrain platform. Over the next 30 months, we aim to add 250 new dealerships, expanding our network to over 320 across India. This growth will be fueled by increasing demand for long-range scooters, electric motorcycles, large B2B contracts, and our entry into the household brand segment, PURE EV Founder and MD Nishanth Dongari said. The company currently operates with 70 dealerships. PURE EV is the first to integrate Nano PCM (Phase Change Material) into its battery systems for efficient thermal management, Dongari said. This innovation eliminates the risk of unsafe thermal incidents, enhancing safety in electric vehicles and boosting consumer confidence, he added. PURE EV has focused extensively on electric motorcycles, already launching two models

Updated On: 04 Dec 2024 | 6:20 PM IST