NTPC
The Cabinet Committee on Economic Affairs has granted NTPC Limited enhanced powers to invest up to Rs. 20,000 crore in NTPC Green Energy Limited and its subsidiaries for renewable energy capacity addition, aiming for 60 GW by 2032. This move is expected to accelerate renewable project development, strengthen power
NLCIL
The Cabinet Committee on Economic Affairs has granted NLC India Limited (NLCIL) an exemption from investment guidelines, allowing it to invest Rs.7,000 Crore in its subsidiary, NLC India Renewables Limited (NIRL). This move aims to support NLCIL's goal of developing 10.11 GW of renewable energy
NTPC
The Cabinet Committee on Economic Affairs has approved an increase in the delegation of power to NTPC Limited, allowing it to invest up to Rs. 20,000 crore in NTPC Green Energy Limited and its subsidiaries for renewable energy capacity addition. This initiative aims to achieve 60 GW of renewable
NLCIL
The Union Cabinet has granted NLC India Limited (NLCIL) a special exemption from investment guidelines, allowing it to invest Rs. 7,000 Crore in its subsidiary, NLC India Renewables Limited (NIRL). This move aims to support NLCIL's goal of developing 10.11 GW of renewable energy capacity by
Competition Commission of India
The Competition Commission of India has approved the acquisition of the Target Business from Siemens Gamesa Renewable Energy (SGRE) and Siemens Gamesa Renewable Energy Lanka (SGREL) by Peony Properties Private Limited (PPPL), TPG REGen, Mavco Investments, and Tikri Investments. This acquisition involves the manufacture and assembly of onshore wind turbine
solar energy
Union Minister Shri Pralhad Joshi highlighted the National Centre for Photovoltaic Research and Education's (NCPRE) advancements in high-efficiency, low-cost Silicon-Perovskite Tandem Solar Cells during his visit to IIT Bombay. With over Rs 200 crore funding from the Ministry of New and Renewable Energy (MNRE) over 15 years, NCPRE
renewable energy
India has reached a significant milestone by achieving 50% of its installed electricity capacity from non-fossil fuel sources, five years ahead of its 2030 target under the Paris Agreement. This achievement highlights India's commitment to climate action and sustainable development, showcasing the effectiveness of various government initiatives and
green hydrogen
The Secretary of the Ministry of New and Renewable Energy (MNRE) met with Odisha's Chief Secretary to discuss the National Green Hydrogen Mission and the PM Surya Ghar: Muft Bijli Yojana. The meeting highlighted Odisha's potential as a leader in India's Green Hydrogen transition,
Solar Capacity
Union Minister of Commerce and Industry, Shri Piyush Goyal, announced a remarkable 4,000% increase in India's solar capacity, reaching 227 GW. He emphasized the need for supply chain resilience in the energy sector and introduced a ₹1 lakh crore innovation fund to enhance next-gen battery technologies. Goyal
India Energy Storage Week
Minister of State for Road, Transport & Highways, Shri Harsh Malhotra, inaugurated India Energy Storage Week 2025, emphasizing the Modi Government's commitment to green mobility and the development of the electric vehicle (EV) manufacturing ecosystem. He highlighted the importance of transitioning to electric mobility as a national imperative
IREDA
The Central Board of Direct Taxes has classified bonds issued by IREDA as 'long-term specified assets' under Section 54EC of the Income-tax Act, allowing tax exemptions on capital gains for investors. This initiative aims to enhance renewable energy financing and support India's goal of achieving 500
Energy Independence
At the 9th OPEC International Seminar, India's Minister of Petroleum and Natural Gas, Hardeep Singh Puri, outlined the country's ambitious plans for energy independence by 2047 and achieving Net Zero emissions by 2070. India aims to expand hydrocarbon exploration significantly, with a target of increasing exploration