APT Translations

The plant will be developed in two phases, with the first phase expected to be commissioned within the next 15 months. In addition, JEL is expanding its existing solar module manufacturing capacity to 2,000 MW, with completion expected in six months.

The project, backed by a ₹200 crore investment, is expected to commence in the fourth quarter of FY 2024-25 and will be executed in phases over 18 months.

The project, located in Obi Local Government Area, will deliver an average daily energy supply of 656 kW, catering to 80 Percent residential households and 20 Percent micro, small, and medium-sized enterprises (MSMEs).

Employment in the Indian renewable energy sector reached an estimated 1.02 million (10.02 lakh) in 2023, highlighting the country's growing leadership in clean energy and its focus on creating green jobs that drive economic growth, the government said on Friday.

Jakson Green is nearing a 40 billion-rupee fundraise, aiming to add 1 GW to its renewable energy capacity by early 2026. Partnering with green energy funds, the company plans a 75% debt and 25% equity investment, further enhancing India's clean energy targets.

In recent months, some of the biggest would-be developers of the fuel have canceled projects, axed orders and scaled back investment plans. The low-carbon fuel is simply too expensive to stimulate demand in many sectors of the economy.

Matrix Gas & Renewables, which is a unit of Gensol Group, plans to file for its IPO next year, Kotecha told Reuters on the sidelines of the Renewable Energy India Expo.

Singh, an alumnus of IIT Delhi with a master's in Public Policy & Sustainable Development from TERI University, has taken the reins at a pivotal moment in India's renewable energy transition.

This strategic move underscores India's commitment to bolstering global collaboration in enhancing energy efficiency and aligns with its objectives to curb greenhouse gas emissions.

This pricing directive aims to facilitate the integration of sustainable biomass utilization in energy production, supporting India’s environmental and energy diversification goals.