TAG: "Union Cabinet"

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Union Cabinet Empowers NTPC to Invest up to INR 20,000 Cr in its Renewables Arm NGEL

The Cabinet Committee on Economic Affairs has approved enhanced investment powers for NTPC, allowing it to infuse up to INR 20,000 crore into its subsidiary NTPC Green Energy to fast-track renewable capacity addition toward a 60 GW target by 2032.

Union Cabinet | July 16, 2025 | By Mrinmoy Dey 212

Union Cabinet Approves Investment Exemption for NLC India Enabling INR 7,000 Cr Investment in NIRL

The Cabinet Committee on Economic Affairs has approved a special exemption allowing NLC India to invest INR 7,000 crore in its subsidiary NLC India Renewables (NIRL) without prior approval, boosting its push toward a 32 GW green energy portfolio by 2047.

Union Cabinet | July 16, 2025 | By Mrinmoy Dey 130

Union Cabinet Approves Launch of INR 16,300 Crore National Critical Mineral Mission

The Union Cabinet has approved the National Critical Mineral Mission (NCMM) with an expenditure of INR 16,300 crore and an expected investment of INR 18,000 crore to secure essential minerals for clean energy technologies, boosting domestic exploration, mining, and processing.

Union Cabinet | January 29, 2025 | By Mrinmoy Dey 904

Cabinet Approves India's Entry into International Energy Efficiency Hub

The Union Cabinet, led by Prime Minister Modi, has approved India's entry into the International Energy Efficiency Hub, a 16-nation platform for advancing sustainable energy practices and reducing greenhouse gas emissions.

Union Cabinet | October 04, 2024 | By Mrinmoy Dey 1306

Government Approves INR 12,461 Cr Support for 31,350 MW Hydro Electric Projects

The Union Cabinet has approved the modification of the scheme of budgetary support for the cost of enabling infrastructure for Hydro Electric Projects with a total outlay of INR 12461 crore to be implemented from FY 2024-25 to FY 2031-32.

Union Cabinet | September 12, 2024 | By EI News Network 1545

Union Cabinet Grants Approval to PM E-DRIVE Scheme with Outlay of INR 10,900 Crore

MHI is introducing e-vouchers for EV buyers to avail of demand incentives under the scheme.

Union Cabinet | September 12, 2024 | By Aishwarya 1748

Cabinet Approves INR 4,136 Crore For Hydropower Projects in Northeast

The Cabinet’s approval for a CFA scheme aims to develop 15,000 MW of hydropower in North Eastern Region (NER), enhancing grid integration, flexibility, security, and reliability, while boosting local investment and employment.

Union Cabinet | August 29, 2024 | By EI News Network 1409

Cabinet Extends and Expands Pradhan Mantri JI-VAN Yojana for Advanced Biofuels

The Cabinet has approved an extension and expansion of the Pradhan Mantri JI-VAN Yojana, enhancing support for advanced biofuels from lignocellulosic feedstocks, with a focus on innovation and extended implementation.

Union Cabinet | August 12, 2024 | By EI News Network 1441

GWEC Hails VGF Scheme Approval for India's Offshore Wind Sector

GWEC met with the Ministry of New and Renewable Energy (MNRE) in 2022 and pressed for financial support mechanisms such as VGF in India.

Union Cabinet | July 08, 2024 | By Abha Rustagi 2182

Union Cabinet's INR 7,453 Crore VGF Approval to Boost Offshore Wind Energy Investment: CRISIL

The VGF support will reduce the cost of power from offshore wind projects, which are costlier than onshore wind farms, and encourage developers to enter this space.

Union Cabinet | June 28, 2024 | By Abha Rustagi 1329

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