Performance-based grant of Rs 19,612 cr allocated to 131 cities for clean air action plans
A performance-based grant of Rs 19,612 crore has been allocated to 131 cities for air quality improvement from 2019-20 to 2025-26. So far, Rs 11,211 crore has been disbursed. Efforts include reducing PM10 levels, greening urban spaces, and improving waste management. Union Environment Minister Bhupender Yadav reviewed progress in Jaipur.
Gala Precision Engineering shares soar nearly 42 pc in market debut
The stock made its debut at Rs 750, a jump of 41.77 per cent from the issue price on the BSE. Later, it soared 48.77 per cent to Rs 787.
India's power sector to rise 2.2 times to USD 280 bn by FY30: report
India's power generation and transmission sectors are poised for substantial growth, as the country enters a phase of capex-driven GDP growth, the power intensity should rise, said Jefferies in its report issued later this week in September.
Gujarat to set up 48 MW capacity solar rooftop systems on govt buildings in FY25
"By March 2024, a total of 3,023 solar rooftop systems, generating a combined capacity of 56.8 MW, have been set up across various government departments in the state," the government said in a release.
Karnataka rooftop solar capacity crosses 600 MW
The Ministry of New and Renewable Energy (MNRE) launched the national portal for rooftop solar in July 2022. The portal simplified the procedure for installing a rooftop solar system and applying for a subsidy. Experts say the scheme eased the process for both consumers and vendors, leading to increased installed capacity.
Oil India Limited joins the Oil and Gas Decarbonization Charter for sustainable energy practices
Oil India Limited (OIL) has signed the Oil and Gas Decarbonisation Charter (OGDC), showcasing its commitment to sustainable energy practices. Launched at COP28 in 2023, the OGDC aims to reduce greenhouse gas emissions in the oil and gas sector. OIL targets Net Zero by 2040 through enhanced operational efficiency and R&D investment.
Yellen warns that ending US clean energy tax credits would raise consumer costs
Yellen told an audience at North Carolina's Wake Tech Community College that families across the country had claimed $8.4 billion in energy tax credits that would help them lower their energy bills long-term.
ISA in talks with Africa50 for $200 million Africa solar facility
The announcement was made during the inaugural International Solar Festival 2024, a landmark event hosted by the ISA, which works with governments globally to promote solar energy as a key climate solution and a sustainable path toward a carbon-neutral future.
Focus on demand creation key to boost biomass offtake: SAMARTH Mission Director
Emphasizing the need to improve demand creation for biomass offtake, Shri Satish Upadhyay, Mission Director of SAMARTH (Sustainable Agrarian Mission on the use of Agri-Residue in Thermal Power Plants), called for market-driven mechanisms to facilitate biomass utilization during a national seminar held in Chandigarh on September 5.
Prozeal Green Energy, Golyan Power sign JV pact for solar projects in Nepal
The agreement was signed on Tuesday at Golyan Group headquarters in Kathmandu, marking a significant milestone in both companies' commitment to advancing renewable energy solutions, a statement said.