PLI, ALMM expansion, and EV tax cuts: What industry expects from Budget 2025?
With the government targeting 500 GW of non-fossil fuel energy by 2030 and aiming for Viksit Bharat 2047, stakeholders seek PLI scheme expansion, ALMM inclusion, GST rationalization, and enhanced R&D incentives.
India, Oman discuss energy cooperation, CEPA talks in final stages
The meeting, held from January 27-28, 2025, reviewed bilateral economic relations, with a focus on renewable energy, technology, food security, and investments.
Hygenco secures EU RFNBO pre-certification for green ammonia exports
The CertifHy scheme, recognized by the European Commission, ensures compliance with international sustainability standards and allows end-users in the EU to access certified green hydrogen and low-carbon hydrogen.
TP Solar secures ₹455 crore contract for 300 MWp solar modules
The contract, valued at ₹455 crore, is part of MSPGCL’s larger 750 MWp tender finalized through a competitive e-Reverse Auction (eRA) process. The modules will be delivered to multiple locations across Maharashtra within the current year.
Suzlon Energy Q3 Results: Profit surges 91% c to Rs 388 crore
Renewables solutions provider Suzlon Energy on Tuesday posted 91 per cent jump in consolidated net profit at Rs 388 crore for December quarter on the back of higher revenues.
Can't accept export of raw materials, value addition must happen in India: PM Modi
Inaugurating the 'Utkarsh Odisha, Make in Odisha Conclave' in Bhubaneswar's Janata Maidan, Modi said he considers eastern India as the growth engine of the country, and the state plays an important role in it.
Sri Lanka says talks on with Adani Group to lower wind power purchase cost
Sri Lanka has been reviewing the group's local projects after U.S. authorities in November accused billionaire founder Gautam Adani and other executives of being part of a scheme to pay bribes to secure Indian power supply contracts.
Greening the Economy - Stepping toward Sustainability
The key elements underpinnings India’s energy transition include renewable energy, smart metering, hydrogen based economy, carbon markets, domestic production of key supply chain products, pumped hydro projects, EV penetration, small nuclear reactors and a robust grid.
Enfinity Global secures grid connectivity for 2 GW renewable projects
The projects are expected to generate electricity for approximately 4.7 million households and offset 49 million metric tons of CO2 annually.
ACME Solar signs PPA with NHPC for 680 MW hybrid renewable energy project
The project is part of NHPC’s 1400 MW FDRE tender and will be developed across multiple locations, including Gujarat, Madhya Pradesh, Karnataka, and Rajasthan.