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TAG: " Government of India"

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IREDA Secures INR 910.37 Crore through 10 Year Tier-II Bonds

Indian Renewable Energy Development Agency Limited (IREDA) has raised INR 910.37 crore through the issuance of Privately Placed Subordinated Tier-II Bonds for a 10-year tenor at an annual coupon rate of 7.74 percent.

Government Of India | March 26, 2025 | By News Bureau | 238

ONGC NTPC Green Private Limited to Acquire 100 percent Equity Stake in Ayana Renewable Power

ONGC NTPC Green Private Limited (ONGPL), a 50:50 joint venture between ONGC Green Limited (OGL) and NTPC Green Energy Limited (NGEL), has signed a Share Purchase Agreement (SPA) to acquire a 100 percent equity stake in Ayana Renewable Power Private Limited (Ayana).

Government Of India | February 13, 2025 | By News Bureau | 781

MNRE Blacklists Solar Firm Over Unfinished Solar Park and Misuse of Funds

MNRE has blacklisted a renewable energy firm for failing to develop a 500 MW solar park in Maharashtra, despite receiving INR 4.10 crore in CFA. The company refunded INR 2.17 crore but must repay the remaining amount with interest.

Government Of India | January 07, 2025 | By EI News Network | 6660

Mobec Announces its Latest Initiative in Recycling and Circular Economy Practices

One of Mobec's main initiatives is its Battery Second Life and Refurbishment program. Used batteries, often discarded after initial use, can still provide substantial power after reprocessing.

Government Of India | November 13, 2024 | By News Bureau | 899

SJVN Ltd. Reports Marginal Rise in Q2 FY25 Net Profit

SJVN Ltd. reported a marginal rise in Q2 net profit to INR 441 crore. The hydro power sector reported strong growth. Power trading grew, though renewable energy revenue declined. SJVN targets renewable expansion despite ongoing regulatory delays in Uttarakhand projects.

Government Of India | November 05, 2024 | By EI News Network | 877

India Surpasses 200 GW RE Capacity

India's renewable energy capacity has reached 201.45 GW as of October 10, 2024, accounting for 46.3 percent of the country's total installed capacity. This milestone highlights the country’s commitment to sustainable energy and its progress toward a greener future.

Government Of India | October 15, 2024 | By EI News Network | 1536

Avaada to Invest INR 1,00,000 Cr in Rajasthan to Lead India’s Green Energy Transition

With the focus on large-scale solar, wind, and green ammonia projects, Avaada is committed to transforming Rajasthan’s vast arid land into a hub of clean energy, fostering economic growth and sustainable development.

Government Of India | October 01, 2024 | By News Bureau | 1222

ISMA to Host 2nd Edition of ‘The India Sugar & Bio-Energy Conference’ in New Delhi

The second edition of the conference will be inaugurated by Pralhad Joshi (Union Minister of Consumer Affairs, Food and Public Distribution & New & Renewable Energy, Government of India).

Government Of India | September 19, 2024 | By News Bureau | 1061

IREDA to Raise Approx INR 4500 Crore through Fresh Equity Issue

Indian Renewable Energy Development Agency Limited (IREDA) received approval from the Department of Investment and Public Asset Management (DIPAM) for raising approximately INR 4500 crore through fresh equity issue.

Government Of India | September 19, 2024 | By News Bureau | 826

Gautam Solar to Launch 2 GW Solar Cell Manufacturing Plant

Gautam Solar is preparing to launch a significant venture to establish a 2 GW solar cell manufacturing plant in the first phase. With an estimated investment of INR 1000 crores for the 2 GW solar cell facility, the company wants to cater to the growing demand for renewable energy in India.

Government Of India | September 18, 2024 | By News Bureau | 1245

Articles

Ethanol- A Potent Weapon to Reduce Carbon Emissions

Recently, the Govt of India announced that it intends to blend 20% ethanol in petrol by the year 2025. Simultaneously, there were announcements by a couple of auto majors about launching models of vehicles capable of running on flex fuels (fossil fue...

Government Of India | December 30, 2024 | By News Bureau | 207

Power the Renewable Energy Movement: How Restaurants Can Drive India's Green Revolution

The global movement toward renewable energy is gathering pace, with countries like India leading the charge to achieve ambitious climate goals. In response, the Government of India has implemented mandates that could significantly reshape the nation&...

Government Of India | November 04, 2024 | By News Bureau | 382

Understanding the Evolving Discourse of Resource Adequacy in India

The peak demand of India has grown at a CAGR of around 5.5% from FY 2009-10 to FY 2023-24. The trend of the growth in peak can be seen in the chart below. During the same period, India has seen its peak deficit & energy deficit reduce from...

Government Of India | October 07, 2024 | By News Bureau | 417

'Central vs String Inverters: Choosing the Right Solution for Industrial Solar Installations’

The Solar energy space across the world is fast gaining popularity. According to reports as of November 30, 2022, India had 61.97 gigawatts (GW) of installed solar capacity, placing it fourth globally for solar photovoltaic (PV) deployment.This...

Government Of India | February 26, 2024 | By News Bureau | 763

Biofuel-Economy: A Game Changer for Atmanirbhar Green Bharat

India is fighting against massive usage of fossil fuels and India is targeting to be an ‘Energy-Independent’ nation by 2047. As per the recent economic reports, India’s total import expenses in 2020-21 are around USD 551 billion. Si...

Government Of India | November 30, 2023 | By News Bureau | 882

Boosting the Economy of India with Energy Harvesting Bio-CNG Plants

A change in precedence to sustainable energy has driven an increase in bioenergy production globally over the past two decades in the quest for alternatives to fossil fuels. With the diminution of fossil fuels, rising energy demands, and the climate ...

Government Of India | August 16, 2023 | By News Bureau | 1015

Winds of Change – The Storage Revolution in India

Introduction:The Indian power sector has changed in many ways over the last decade. The grid, once dominated by conventional sources of energy, has slowly been transforming into a more diverse grid. In 2015, when the Government of India set itself th...

Government Of India | June 09, 2022 | By News Bureau | 2270