|

Gujarat to host India’s first indigenous semiconductor plant 

India, News

Gujarat Chief Minister Bhupendra Patel has announced that the state will host India’s first indigenously developed semiconductor chip plant, a significant milestone in the electronics and semiconductor sector. Highlighting the state’s achievements, Patel noted that Gujarat has attracted Rs 1,000 billion in investments in this sector, crediting the success to the 10th edition of the Vibrant Gujarat Global Summit, which played a crucial role in drawing investments in emerging technologies like AI and semiconductors. In…

|

AP, NVVN to install solar rooftop systems on all government buildings

India, News

Andhra Pradesh has committed to installing solar rooftop systems on all its government buildings by 2025 as part of the PM Surya Ghar scheme. An MoU was signed between NTPC Vidyut Vyapar Nigam Ltd (NVVN) and the New & Renewable Energy Development Corporation of Andhra Pradesh Ltd (NREDCAP). In the first phase, 300 MW of solar rooftop systems will be installed. NVVN will oversee installation, operation, and maintenance for 25 years, providing solar power at…

|

India’s renewable energy capacity grows 165% in a decade, reaching 203 GW

India, News

India’s installed renewable energy capacity has surged by 165% over the past ten years, increasing from 76 GW in 2014 to 203 GW in 2024, according to New and Renewable Energy Minister Pralhad Joshi. Addressing the Rajya Sabha, Joshi highlighted India’s position as the fourth-largest globally in renewable energy capacity and noted an investment of approximately Rs 7 trillion in renewable projects during this period. The Union Budget 2024-25 allocated over Rs 210 billion to…

|

CEA recommends addition of 80 GW of coal-based capacity by 2031-32

India, News

The Central Electricity Authority (CEA) has recommended a coal and lignite-based installed capacity of 283 GW, up from the current 217.5 GW. Consequently, the Ministry of Power (MoP) is planning to establish an additional minimum of 80 GW of coal-based capacity by 2031-32. This expansion is expected to entail an expenditure of at least Rs. 6,672 billion by 2031-32. According to Intended Nationally Determined Contributions (INDCs), the country is committed to achieving approximately 50 per…

|

Key measures for energy sector in India’s Union Budget 2024

India, News

The 2024 Union Budget of India introduced significant measures to boost the energy sector, emphasising renewable energy adoption, energy transition, and infrastructure enhancement. Here are the key highlights: PM Surya Ghar Muft Bijli Yojana: 10 million households will receive up to 300 units of free electricity monthly, supported by subsidies and concessional loans, with a National Online Portal for streamlined applications. Renewable Energy Funding: The Ministry of New and Renewable Energy (MNRE) has been allocated…

|

IREDA receives approval to launch subsidiary for retail renewable energy business

India, News

The Indian Renewable Energy Development Agency (IREDA) has received in-principle approval from the Department of Investment and Public Asset Management (DIPAM) to establish a wholly-owned subsidiary focused on retail and B2B renewable energy sectors.  This new entity will manage initiatives under PM-Suryaghar (Rooftop Solar), PM-KUSUM schemes, and other B2C segments, while also exploring emerging sectors such as electric vehicles (EVs), energy storage, and green technologies.

|

Karnataka rooftop solar capacity crosses 600 MW

India, News

Karnataka has seen a notable increase in rooftop solar installations over the last two years. According to data from Karnataka Renewable Energy Development Limited (KREDL), 172.14 MW of rooftop solar projects were installed between March 2023 and July 2024, pushing the state’s total capacity past 600 MW. From April to July 2024, more than 50 MW was installed. In 2023-24, 121.82 MW of capacity was added, nearly double the 79.57 MW installed in 2022-23, marking…

|

No announcement made for giving 300 units of free electricity in Odisha: Dy CM

India, News

Odisha’s Deputy Chief Minister, K V Singh Deo, clarified that there has been no announcement of providing free electricity up to 300 units in the state. This statement came amidst demands for free electricity, which was one of the BJP’s election promises. Singh Deo, who also serves as the power minister, addressed concerns about misinformation being spread, particularly in parts of the Bargarh district, where some individuals have been removing electricity meters illegally. Singh Deo…