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Cabinet approves Rs 1,500 crore scheme for critical mineral recycling
The Union Cabinet has cleared a six-year, Rs 1,500 crore incentive scheme to boost domestic recycling of critical minerals from secondary sources. Part of the National Critical Mineral Mission, the scheme will support extraction from e-waste, lithium-ion battery scrap, and end-of-life vehicle parts. Incentives include a 20% capital subsidy for new and expanded units, and…
Telangana explores hydroelectric projects in Himachal Pradesh
Telangana has announced plans to invest in hydroelectric projects outside its state, starting with Himachal Pradesh, as part of its green energy push. Telangana’s Deputy Chief Minister and Energy Minister Mallu Bhatti Vikramarka, along with energy officials, held discussions with Himachal Pradesh CM Sukhvinder Singh Sukhu in Delhi regarding the state’s interest in hydro projects…
India secures $386 bn investment commitments for renewable energy at RE-Invest 2024
Ministry of Renewable Energy has received investment commitments totalling $386 billion from banks and financial institutions at the RE-Invest conference in Gandhinagar, Gujarat. These investments aim to help India double its clean electricity capacity by 2030, targeting 500 GW of non-fossil capacity. ReNew, a major renewable energy company pledged to expand its renewable capacity from…
NPCIL invites proposals for 220 MW Bharat Small Reactors
Nuclear Power Corporation of India Limited (NPCIL) invited Request for Proposal (RfP) bids for setting up the 220 MW BSR (Bharat Small Reactors) Nuclear Captive Power Plant on December 31, 2024. The last date for bid submission is March 31, 2025. The 220 MW NPP will be a Captive Generating Plant (CGP) that will use…
EAC recommends ToR for Indirasagar-Omkareshwar Pumped Storage Projects
The Expert Appraisal Committee (EAC) of the Ministry of Environment, Forest and Climate Change (MoEFCC) has recommended the grant of Terms of Reference (ToR) for the Indirasagar-Omkareshwar on-stream Pumped Storage Project (640 MW) by NHDC Limited in Madhya Pradesh. Located in Khandwa district, the project will require 198 hectares of forest land and an estimated…
Nagaland to receive Rs 6.67 billion to upgrade power distribution
The Union Government has sanctioned Rs 6.67 billion under the Revamped Distribution Sector Scheme (RDSS) to improve Nagaland’s power distribution infrastructure. Nagaland has one of the highest Aggregate Technical and Commercial (AT&C) losses in India, standing at 45.8% in FY23. Under RDSS, the government is focusing on reducing these losses by upgrading substations, replacing bare…
