APT Translations

The projected capital expenditure or capex for 2024-25 (April 2024 to March 2025) fiscal is 40 per cent higher than what the portfolio is estimated to have incurred in FY24.

The ministry is inviting proposals from developers, manufacturers, organizations, universities, R&D institutions, and industry players engaged in the manufacturing and development of small biogas plants.

The scheme, as outlined by MNRE, will involve comprehensive skill gap analysis, the creation of a registry of required skills, and the development of curricula for schools, industrial training institutes (ITI), polytechnics, and higher education institutions (HEIs).

The companies would set up a special purpose vehicle (SPV) to develop renewable energy projects for supply to discoms.

This initiative, announced by the Union power and new & renewable energy minister R. K. Singh, is set to empower consumers by enabling informed choices based on the cost-effectiveness and energy performance of solar inverters.

The project, which will be situated in the solar park of Gujarat State Electricity Corporation Limited (GSECL) at Khavda, Kachchh district, was awarded to SGEL after a competitive bidding process that concluded with a tariff of Rs 2.66 per unit.

This BESS project, part of a broader 250 MW / 500 MWh initiative by GUVNL, aims to enhance the state's energy storage capabilities to ensure a consistent supply of renewable energy.

The e-reverse auction for the project was conducted by GUVNL (Gujarat Urja Vikas Nigam) on March 2, 2024 and the Letter of Intent was issued on March 14, 2024, a company statement said.

Hydrogen is a fuel that the administration of President Joe Biden sees as crucial to reducing use of fossil fuels and cutting emissions from hard-to decarbonize industries such as aluminum and cement.

The minister also launched Mock Test 2.0 by NIMI in 12 languages and four new-age courses under the Craftsmen Training Scheme (CTS) in Artificial Intelligence and cyber security which will prepare India’s youth for the technology-driven market.