This commentary was first published by The Economic Times. New Delhi: Panasonic Group will form a joint venture with Indian Oil Corporation Ltd (IOCL), the nation’s biggest oil firm, to manufacture cylindrical lithium-ion batteries. Panasonic Energy Co Ltd, a group firm of Japan-based multinational electronics company, has signed a binding term sheet and initiated discussions with […]
This commentary was first published by The Economic Times. Investors foresee ‘India’s decade’ with significant GDP growth and population rise. The country targets 90% renewable energy by 2047 for net zero emissions by 2070. GreenCell Mobility’s electric bus deployment in Surat marks a step towards sustainable transportation. Many investors have dubbed the next 10 years as […]
This commentary was first published by The Economic Times. GoodEnough Energy to launch India’s first battery energy storage gigafactory in Jammu and Kashmir by October. Akash Kaushik leads the investment for a 7 GWH facility, expanding to 20 GWH by 2027. India aims to have 500 GW renewable energy capacity by 2030, with $452 million incentives. […]
In its working paper, co-authored by EAC-PM chairman Bibek Deroy and director Devi Prasad Misra, the EAC-PM proposed introduction of transferable mandates prescribing for a certain percentage of vehicles manufactured to be EVs, encouraging leasing of vehicles instead of outright purchase and greater adoption of EVs in the government fleet as efficient ways of encouraging […]
Investments to the tune of Rs 30 lakh crore would be required over FY24-FY30 to meet NDC goals, IREDA’s CMD Pradip Kumar said while addressing an international webinar organized by the World Bank. India’s Nationally Determined Contributions (NDCs), or its self-defined climate pledges under the Paris Agreement, for 2030 would require Rs 30 lakh […]
On 9 Jan, PwC survey declared that about 50℅ of Indian businesses committed to achieve net zero emissions target and leftover 48℅ committed to achieve net zero emissions by 2030. The report is based totally on a market survey of nearly 250 tax heads, sustainability/ESG leaders, CFOs and CXOs of Indian corporations, spanning industries consisting […]
“World first project that aim to operate with net zero emissions” Company declared to invest invest in the Hail and Ghasha offshore fields, pledging. Emirati strength massive ADNOC stated on Thursday Oct 5 that it had awarded contracts to build a first-rate gas task, just a few weeks earlier than the Gulf nation hosts the […]
On 12 Jan, transport minister Gadkari said that the petroleum minister accepted his demand for opening 300 ethanol fuel stations all over India. Indian Oil Corp, the country’s top refiner, will open 300 ethanol gasoline stations, federal road shipping minister Nitin Gadkari stated on 12 Jan. My call for the starting of ethanol pumps is […]
Adani claims that India is the third largest energy consumer in the world, and shouldn’t consider replacing one fuel to another. New Delhi: Billionaire Gautam Adani on 17 January made a fervent pitch for vertically integrated green hydrogen projects to help lessen charges of the carbon-loose gas that holds the important thing to India’s journey […]
New Delhi: Nxtra, the data center unit of Bharti Airtel, on Wednesday announced an agreement with Ampln and Amplus Energy to procure an additional 140,208 MWh (megawatt-hour) of renewable energy. With this, Nxtra has fortified its existing commitment of reducing its carbon footprint through renewable energy sources annually by nearly 99,547 tCO2e (stands for ‘tonnes […]
Balrampur Chini Mills Limited (BCML), a leading integrated sugar mill company on Monday announced a Rs 2000 crore forward integration project which will be the first-ever “industrial bioplastic” plant in India. The Kolkata-based company said this diversification with its upcoming PLA (Polylactic Acid) manufacturing venture is well-aligned with the sustainability goals envisioned in India, to […]
New Delhi: About 44 per cent of India‘s energy requirements at present come from non-fossil sources and are likely to touch as high as 65 per cent by 2030, much higher than what the country pledged at the COP summit in 2021, said Union Minister RK Singh. At COP26 held in 2021 in Glasgow, India committed to an ambitious […]
New Delhi: Nxtra, the data centre unit of Bharti Airtel, on Wednesday announced an agreement with Ampln and Amplus Energy to procure an additional 140,208 MWh (megawatt-hour) of renewable energy. With this, Nxtra has fortified its existing commitment of reducing its carbon footprint through renewable energy sources annually by nearly 99,547 tCO2e (stands for ‘tonnes of carbon dioxide equivalent’). “As per the agreement, AmpIn […]
Nxtra by Airtel has a massive network of data centers in India with a dozen large and 120 edger (data sent across the country. It will Invest over 5,000 crore over the next few years to build six new hyperscale data centers across key metro cities in India and expand its capacity by 2x to […]
“World first project that aim to operate with net zero emissions” Company declared to invest invest in the Hail and Ghasha offshore fields, pledging. Emirati strength massive ADNOC stated on Thursday Oct 5 that it had awarded contracts to build a first-rate gas task, just a few weeks earlier than the Gulf nation hosts the […]