APT Translations

The country aims to achieve net-zero carbon emissions by 2070, focusing on renewable energy expansion, and plans to reach 500 GW of non-fossil fuel energy capacity by 2030.

Deputy Chief Minister Devendra Fadnavis introduced a scheme for farmers to sell surplus electricity from solar pump panels to the grid, offering additional income. The initiative provides immediate pumps with a 90% subsidy and ensures reliable daytime electricity supply, resulting in significant savings on electricity bills over 25 years for farmers.

The Committee on Public Undertakings (CoPU) will also examine the performance of the National Scheduled Castes Finance and Development Corporation (NSFDC).

International negotiations on money to help developing countries tackle climate change concluded without a breakthrough this week, just two months before Azerbaijan hosts the United Nations climate summit. "It is shameful how developed countries have been undermining these finance negotiations," Paoli said.

Prime Minister Narendra Modi will inaugurate the 4th RE-INVEST Global Renewable Energy Meet and Expo (RE-INVEST), organized by the Ministry of New and Renewable Energy (MNRE) to be held in Gujarat, as per a statement from the state government.

Any decision over a possible share issue will be up to the group's shareholders at the annual general meeting based on a proposal by the group's management and supervisory boards, EnBW said in a statement on Friday.

The PSU has a total capacity of 38 lakh tonnes at the three units put together, and it achieved 94 per cent capacity utilization last year. The three units have been set up at a cost of around Rs 27,900 crore.

The IEX’s Real-Time Market (RTM) has also seen a 28% rise in trading, while the Green Day Ahead Market (GDAM) posted a staggering 423% year-on-year growth. These numbers underscore how green energy is becoming central to India’s energy mix, driven by both government policy and market demand.

NLCIL plans to increase its renewable energy portfolio to 50% of its total planned capacity, raising its renewable energy (RE) capacity from 1.43 GW to 10.11 GW. This shift will involve an investment of approximately ₹50,000 crore, aimed at supporting India’s broader renewable energy targets and contributing to the goal of 'Net Zero' emissions by 2070.

Under the agreement, AMPIN will hold a 51% majority in the JV, with Sumitomo Corporation holding the remaining 49%. The allocated funds will be directed towards the development, construction, and operational phases of projects connected to the State Transmission Utility (STU), specifically targeting Commercial & Industrial (C&I) consumers.