Himachal Pradesh unveils plan for 100% electric public transport by 2025
Author: PPD Team Date: 15/10/2024
Author: PPD Team Date: 15/10/2024
Himachal Pradesh is set to fully electrify its public transport system, with Chief Minister Sukhvinder Sukhu announcing a plan to convert the Himachal Road Transport Corporation (HRTC) fleet to 100% electric by March 2025.
The transition to electric vehicles aims to reduce the environmental impact and improve HRTC’s financial performance, positioning it as a key player in sustainable transport across Himachal Pradesh’s challenging terrain.
Author: PPD Team Date: 14/07/2025 The Central Board of Direct Taxes (CBDT), under the Ministry of Finance, has notified that bonds issued by Indian Renewable Energy Development Agency Ltd. (IREDA) will be treated as ‘long-term specified assets’ under section 54EC of the Income-tax Act, 1961. The notification took effect on July 9, 2025. As per the notification, IREDA bonds that are redeemable after five years and issued on or after the effective date will qualify…
Author: PPD Team Date: 03/12/2024 Australian mining company Pilbara Minerals and its joint venture (JV) partner POSCO Holdings have announced the completion of Train 2 at their Lithium Hydroxide Monohydrate Chemical Facility in Gwangyang, South Korea. The facility is Korea’s first lithium hydroxide plant, with an annual production capacity of up to 43,000 tons of battery-grade lithium hydroxide—sufficient to power batteries for approximately one million electric vehicles. The JV, POSCO Pilbara Lithium Solution (PPLS), established…
Author: PPD Team Date: 01/05/2025 The Ministry of New and Renewable Energy (MNRE) has launched the Green Hydrogen Certification Scheme (GHCI) to standardise and certify green hydrogen production in India. The certification scheme sets a greenhouse gas emissions limit of 2 kg CO₂ equivalent per kg of hydrogen. This threshold applies to hydrogen produced via electrolysis or biomass pathways, calculated as a 12-month average. The certification is mandatory if the producer receives government incentives, sells…
Author: PPD Team Date: 21/11/2024 The State Electricity Commission (SEC) has announced plans to construct the SEC Renewable Energy Park – Horsham, one of Australia’s first 100 per cent publicly owned utility-scale renewable energy projects. The solar and storage facility aims to supply affordable and reliable renewable energy to power approximately 51,000 homes annually, supporting the transition to a clean energy grid. The project, built in partnership with OX2, will be developed in two phases….
Author: PPD Team Date: 07/11/2024 UAE’s Masdar has entered a joint study agreement with Sarawak Energy and Gentari to evaluate the feasibility of a floating solar power plant at the Murum Hydroelectric Plant reservoir in Sarawak, Malaysia. The study will assess the technical feasibility, environmental impact, and economic viability of the project. If implemented, the floating solar plant would strengthen Sarawak’s renewable energy capacity and set a regional example for floating solar solutions. Sarawak Energy…
Author: PPD Team Date: 06/01/2025 REC Limited disbursed Rs 546.92 billion in loans during Q3 FY25, marking a 17.98% year-on-year increase. Renewable energy loan disbursements grew by 58.09% to Rs 63.14 billion. For the first nine months of FY25, REC disbursed Rs 1,456.47 billion, a 19.30% rise from Rs 1,220.89 billion in FY24. Renewable energy loans during this period totalled Rs 176.12 billion, reflecting a 78.68% year-on-year growth.
Author: PPD Team Date: 14/07/2025 The Central Board of Direct Taxes (CBDT), under the Ministry of Finance, has notified that bonds issued by Indian Renewable Energy Development Agency Ltd. (IREDA) will be treated as ‘long-term specified assets’ under section 54EC of the Income-tax Act, 1961. The notification took effect on July 9, 2025. As per the notification, IREDA bonds that are redeemable after five years and issued on or after the effective date will qualify…
Author: PPD Team Date: 03/12/2024 Australian mining company Pilbara Minerals and its joint venture (JV) partner POSCO Holdings have announced the completion of Train 2 at their Lithium Hydroxide Monohydrate Chemical Facility in Gwangyang, South Korea. The facility is Korea’s first lithium hydroxide plant, with an annual production capacity of up to 43,000 tons of battery-grade lithium hydroxide—sufficient to power batteries for approximately one million electric vehicles. The JV, POSCO Pilbara Lithium Solution (PPLS), established…
Author: PPD Team Date: 01/05/2025 The Ministry of New and Renewable Energy (MNRE) has launched the Green Hydrogen Certification Scheme (GHCI) to standardise and certify green hydrogen production in India. The certification scheme sets a greenhouse gas emissions limit of 2 kg CO₂ equivalent per kg of hydrogen. This threshold applies to hydrogen produced via electrolysis or biomass pathways, calculated as a 12-month average. The certification is mandatory if the producer receives government incentives, sells…
Author: PPD Team Date: 21/11/2024 The State Electricity Commission (SEC) has announced plans to construct the SEC Renewable Energy Park – Horsham, one of Australia’s first 100 per cent publicly owned utility-scale renewable energy projects. The solar and storage facility aims to supply affordable and reliable renewable energy to power approximately 51,000 homes annually, supporting the transition to a clean energy grid. The project, built in partnership with OX2, will be developed in two phases….
Author: PPD Team Date: 07/11/2024 UAE’s Masdar has entered a joint study agreement with Sarawak Energy and Gentari to evaluate the feasibility of a floating solar power plant at the Murum Hydroelectric Plant reservoir in Sarawak, Malaysia. The study will assess the technical feasibility, environmental impact, and economic viability of the project. If implemented, the floating solar plant would strengthen Sarawak’s renewable energy capacity and set a regional example for floating solar solutions. Sarawak Energy…
Author: PPD Team Date: 06/01/2025 REC Limited disbursed Rs 546.92 billion in loans during Q3 FY25, marking a 17.98% year-on-year increase. Renewable energy loan disbursements grew by 58.09% to Rs 63.14 billion. For the first nine months of FY25, REC disbursed Rs 1,456.47 billion, a 19.30% rise from Rs 1,220.89 billion in FY24. Renewable energy loans during this period totalled Rs 176.12 billion, reflecting a 78.68% year-on-year growth.
Author: PPD Team Date: 14/07/2025 The Central Board of Direct Taxes (CBDT), under the Ministry of Finance, has notified that bonds issued by Indian Renewable Energy Development Agency Ltd. (IREDA) will be treated as ‘long-term specified assets’ under section 54EC of the Income-tax Act, 1961. The notification took effect on July 9, 2025. As per the notification, IREDA bonds that are redeemable after five years and issued on or after the effective date will qualify…
Author: PPD Team Date: 03/12/2024 Australian mining company Pilbara Minerals and its joint venture (JV) partner POSCO Holdings have announced the completion of Train 2 at their Lithium Hydroxide Monohydrate Chemical Facility in Gwangyang, South Korea. The facility is Korea’s first lithium hydroxide plant, with an annual production capacity of up to 43,000 tons of battery-grade lithium hydroxide—sufficient to power batteries for approximately one million electric vehicles. The JV, POSCO Pilbara Lithium Solution (PPLS), established…