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Sector Updates

Big decisions promoting green hydrogen

The government's intention regarding green hydrogen is already clear that it wants to make India its biggest producer. Since the cabinet approved the Green Hydrogen Mission in January 2023, the government has taken several major decisions for......

August 05, 2023

Punjab Invites Bids to Procure Power from 500 MW of Solar Projects

Punjab State Power Corporation (PSPCL) has invited bids to purchase 500 MW of power from grid connected ground-mount or floating solar projects located in Punjab. The last date to submit the bids online is September 12, 2023. Bids will be opened on......

August 04, 2023

New experiment on Amritsar-Jamnagar Expressway Highway will give green power for the first time. Rajasthan, Punjab, Gujarat will shine with this energy"

Amritsar-Jamnagar Expressway, ready to give a boost to the country’s economy, will save fuel and time and also generate green energy. This is going to happen for the first time on any highway in the country, where solar plants will be......

August 04, 2023

India, Saudi Arabia Aim for Cooperation in Green Hydrogen

India and Saudi Arabia have started preliminary discussions on green hydrogen cooperation, including exploring investment opportunities by companies, sharing of technology and joint research & development in the segment. Read More- Economic Times...

August 04, 2023

Brookfield raising nearly $100 mn for Rajasthan solar power project

Canadian alternative investment firm Brookfield Asset Management Inc is set to raise debt capital from a marquee global investor to fund the development of solar power projects in the western desert state of Rajasthan. Read More- VC Circle...

August 03, 2023

Chandigarh emerges as top solar power generator in India

Chandigarh has emerged as the top solar power generator among all Union Territories in India. As of June 30, Chandigarh had an impressive installed solar power capacity of 63.59 MW, said Union Minister of New and Renewable Energy and Power, RK Singh......

August 03, 2023

India achieves significant milestones in renewable energy sector, says minister RK Singh

The minister highlighted that from March 2018 to March 2023, India s renewable energy capacity rose by a staggering 1.48 times, reaching 172 GW. Over 25 percent of the total electricity generated in the country during the financial year 202223 came......

August 02, 2023

India's power consumption grows by 8.4% to 139 billion units in July

The country's power consumption grew by 8.4 per cent to 139 billion units in July this year compared to the same month last year. In the year ago period, power consumption stood at 128.25 billion units (BU), higher than 123.72 BU in July 2021......

August 02, 2023

India transforming to a net-zero emissions energy system: A call to action to 2030 | ORF

Analysis by the Intergovernmental Panel on Climate Change and other reputable organisations indicate that the 2020s are a decisive decade for action if the world is to enter a trajectory to meet the goal of the Paris Agreement. The energy transition......

August 02, 2023