India leads in clean-tech funding, surpassing China in Q3 2024
Author: PPD Team Date: 10/12/2024
Author: PPD Team Date: 10/12/2024
India has overtaken China as the top destination for clean-technology funding, with $2.4 billion in deals completed in Q3 2024, more than four times China’s total.
This marks the second-highest funding globally, following the US.
About a quarter of seed-stage investments in climate-related startups are now directed towards India.
However, challenges remain, as the country needs significantly more capital to meet long-term climate goals.
Despite this, the market is expected to boom as more solutions emerge to tackle India’s pollution and emissions.
Author: PPD Team Date: 17/02/2025 According to the International Energy Agency (IEA), global electricity demand is projected to grow by 4% each year until 2027, equating to more than Japan’s total consumption. This growth will be primarily offset by the expansion of low-emissions energy sources, such as renewables and nuclear power. Emerging and developing economies will account for 85% of this demand growth, with China leading the charge. China’s power demand is expected to grow…
Author: PPD Team Date: 04/06/2025 The Prime Minister has inaugurated unit-1 (660 MW) of the 1,980 MW Ghatampur thermal power project located in Kanpur Nagar, Uttar Pradesh. The project is being developed by Neyveli Uttar Pradesh Power Limited (NUPPL), a joint venture of NLC India Limited (51%) and Uttar Pradesh Rajya Vidyut Utpadan Nigam Limited (UPRVUNL) (49%). The total estimated cost of the plant is Rs 217.81 billion. The remaining two units of 660 MW…
Author: PPD Team Date: 14/11/2024 Torrent Power has reported a reduction in transmission and distribution (T&D) losses across most of its licensed and franchised distribution areas for the first half (April to September) of FY25. In the Ahmedabad/Gandhinagar licensed area, T&D losses dropped from 6.30% in H1 FY24 to 4.50% in H1 FY25. Similarly, losses in the Dadra Nagar Haveli and Daman & Diu licensed area declined from 1.67% to 1.62%. Together, these two areas…
Author: PPD Team Date: 06/03/2025 The Ministry of Heavy Industries (MHI) has mandated a 100% domestic content requirement (DCR) for 18 electric vehicle (EV) components across two-wheelers, three-wheelers, and e-buses. This requirement must be met for manufacturers to qualify for subsidies under the PM E-Drive programme. The phased manufacturing programme (PMP) eligibility criteria have been updated to ensure that original equipment manufacturers (OEMs) produce these components locally. The PM E-Drive initiative, with an outlay of…
Author: PPD Team Date: 14/01/2025 Patratu Vidyut Utpadan Nigam (PVUNL), a joint venture of NTPC and Jharkhand Bijli Vitran Nigam (JBVNL), will commission its Phase-1 power units by December 2025. Located in Ramgarh district, Phase-I consists of three 800 MW units, collectively generating 2,400 MW. The first unit is set to begin operations in January 2025, followed by the second in September and the third in December. Of the total output, 85%—over 2,000 MW—will be…
Author: PPD Team Date: 11/12/2024 The European Commission (EC) has approved a €2.6 billion ($2.7 billion) scheme to support Estonia’s offshore wind energy sector, advancing the country’s goal of achieving net-zero emissions. This initiative, aligned with the Estonian Maritime Spatial Plan, will fund the construction and operation of offshore wind farms through a competitive bidding process. The scheme, part of the State Aid Temporary Crisis and Transition Framework (TCTF), is open until December 2025 and…
Author: PPD Team Date: 17/02/2025 According to the International Energy Agency (IEA), global electricity demand is projected to grow by 4% each year until 2027, equating to more than Japan’s total consumption. This growth will be primarily offset by the expansion of low-emissions energy sources, such as renewables and nuclear power. Emerging and developing economies will account for 85% of this demand growth, with China leading the charge. China’s power demand is expected to grow…
Author: PPD Team Date: 04/06/2025 The Prime Minister has inaugurated unit-1 (660 MW) of the 1,980 MW Ghatampur thermal power project located in Kanpur Nagar, Uttar Pradesh. The project is being developed by Neyveli Uttar Pradesh Power Limited (NUPPL), a joint venture of NLC India Limited (51%) and Uttar Pradesh Rajya Vidyut Utpadan Nigam Limited (UPRVUNL) (49%). The total estimated cost of the plant is Rs 217.81 billion. The remaining two units of 660 MW…
Author: PPD Team Date: 14/11/2024 Torrent Power has reported a reduction in transmission and distribution (T&D) losses across most of its licensed and franchised distribution areas for the first half (April to September) of FY25. In the Ahmedabad/Gandhinagar licensed area, T&D losses dropped from 6.30% in H1 FY24 to 4.50% in H1 FY25. Similarly, losses in the Dadra Nagar Haveli and Daman & Diu licensed area declined from 1.67% to 1.62%. Together, these two areas…
Author: PPD Team Date: 06/03/2025 The Ministry of Heavy Industries (MHI) has mandated a 100% domestic content requirement (DCR) for 18 electric vehicle (EV) components across two-wheelers, three-wheelers, and e-buses. This requirement must be met for manufacturers to qualify for subsidies under the PM E-Drive programme. The phased manufacturing programme (PMP) eligibility criteria have been updated to ensure that original equipment manufacturers (OEMs) produce these components locally. The PM E-Drive initiative, with an outlay of…
Author: PPD Team Date: 14/01/2025 Patratu Vidyut Utpadan Nigam (PVUNL), a joint venture of NTPC and Jharkhand Bijli Vitran Nigam (JBVNL), will commission its Phase-1 power units by December 2025. Located in Ramgarh district, Phase-I consists of three 800 MW units, collectively generating 2,400 MW. The first unit is set to begin operations in January 2025, followed by the second in September and the third in December. Of the total output, 85%—over 2,000 MW—will be…
Author: PPD Team Date: 11/12/2024 The European Commission (EC) has approved a €2.6 billion ($2.7 billion) scheme to support Estonia’s offshore wind energy sector, advancing the country’s goal of achieving net-zero emissions. This initiative, aligned with the Estonian Maritime Spatial Plan, will fund the construction and operation of offshore wind farms through a competitive bidding process. The scheme, part of the State Aid Temporary Crisis and Transition Framework (TCTF), is open until December 2025 and…
Author: PPD Team Date: 17/02/2025 According to the International Energy Agency (IEA), global electricity demand is projected to grow by 4% each year until 2027, equating to more than Japan’s total consumption. This growth will be primarily offset by the expansion of low-emissions energy sources, such as renewables and nuclear power. Emerging and developing economies will account for 85% of this demand growth, with China leading the charge. China’s power demand is expected to grow…
Author: PPD Team Date: 04/06/2025 The Prime Minister has inaugurated unit-1 (660 MW) of the 1,980 MW Ghatampur thermal power project located in Kanpur Nagar, Uttar Pradesh. The project is being developed by Neyveli Uttar Pradesh Power Limited (NUPPL), a joint venture of NLC India Limited (51%) and Uttar Pradesh Rajya Vidyut Utpadan Nigam Limited (UPRVUNL) (49%). The total estimated cost of the plant is Rs 217.81 billion. The remaining two units of 660 MW…