APT Translations

While in Maharashtra, the rooftop solar installed capacity rose from 1,000MW in 2021-22 to 1,900MW in 2023-24, currently the entire Mumbai region has an installed capacity of around 150MW.

Property owners across the region will need to invest vast sums in renovations to ensure their buildings aren't emitting illegal levels of carbon dioxide or consuming excessive amounts of energy, according to lawyers advising the sector.

According to Prashant Vasisht, senior vice-president and co-head, corporate ratings at ICRA, domestic companies will stand at risk of losing out to competition from both the US and Europe as these schemes bring costs to low levels.

Excitement around new energy technologies saw billions of dollars of investment poured in the last four years into those aiming to shape the energy transition with biofuels, hydrogen, solar, wind and carbon removal technologies.

The PM Gati Shakti plan incorporates the infrastructure schemes of various ministries and state governments like Bharatmala, Sagarmala, inland waterways, dry and land ports, among others. Once under Gati Shakti, stakeholders like power distribution companies (discoms) can do better planning of the infrastructure and capacity addition required by them.

The Vice Chair of the 23-nation International Partnership for Hydrogen and Fuel Cells in the Economy (IPHE), Dr Noe Van Hulst, has said that the participating countries of IPHE are impressed by India's National Green Hydrogen Mission, its ambitious targets and the policies and regulatory framework being implemented to achieve it, according to the Ministry of New and Renewable Energy said on Friday.

"India and Bhutan share an exemplary bilateral relationship characterised by trust, goodwill and mutual understanding at all levels, strong bonds of friendship and close people-to-people contacts," it said.

Decentralized renewable energy (DRE) can ignite a wave of opportunity for MSMEs as well as households in rural and peri-urban areas, and accelerate the GDP growth in rural India, which in turn may further boost the GDP growth of India beyond 8% per year. In fact, DRE has a market potential exceeding US $50 billion (INR 4 lakh crores), according to the Council On Energy, Environment And Water report (CEEW).

Great Indian Bustards (GIBs) are especially found in Rajasthan and Gujarat, and the alarming decrease in their numbers is attributed to frequent collisions with overhead power transmission lines, including those of solar plants, near their habitats.

During the proceedings, the delegates presented updates on their countries' hydrogen strategies, detailing national initiatives in research and development, policy formulation, and infrastructure development aimed at fostering a robust hydrogen economy.