APT Translations

NTPC Green Energy, a subsidiary of state-owned power giant NTPC, is likely to bring its initial public offering (IPO) to raise Rs 10,000 crore in first week of November, a source said.

Indian solar component producers are seeking trade protections against a surge of imports from countries like China and Vietnam. The Solar Ancillary Manufacturers’ Association has requested the government to impose tariff and non-tariff barriers to support local manufacturers. They argue that these measures will help expand domestic capacity and create a level playing field.

"We have onboarded a portfolio of 400 MW renewable assets from Brookfield Asset Management for the registration, issuance and trading of International Renewable Energy Certificates (I-REC) or carbon credits," Sapna Nijhawan, Founder and CEO of Sustainiam, said.

India has successfully achieved greater momentum in the development of solar power. India now has over 87 GW installed solar capacity, which is over four times what it had wanted to achieve by 2022 – when it launched its National Solar Mission.

"PM said to me that he wants to make India energy independent, he wants to rapidly grow clean energy in the country, and the meeting was for clean energy," Singh said.

"When compared to the entire world, our carbon emission is negligible. We could have supported our growth by burning carbon fuels, but we chose the path for green transition," PM Modi said.

Global energy demand is projected to grow significantly, increasing by as much as 18 per cent by 2050, with emerging economies playing a key role in driving this growth.

The company provides turnkey engineering, procurement, and construction (EPC) services to commercial and industrial customers across India. It has worked in 13 states having commissioned close to 80 megawatt (MW) in distributed solar projects.

The projects were concurred with the support of the Central Water Commission (CWC), Geological Survey of India (GSI), and Central Soil and Materials Research Station (CSMRS). CEA approved the projects within 10 days of the completion of the developers' Detailed Project Reports (DPRs), submitted through the newly launched ONLINE portal "Jalvi-store."

The agreement also facilitates project financing and joint collaborative projects, specifically targeting MSMEs and helping Indian companies integrate further into global value chains. These efforts include initiatives like the IPEF Catalytic Capital Fund and the IPEF Accelerator, designed to support green energy and climate resilience.