BUSINESS
Economic Survey 2025: Energy security, affordability to guide India's climate change strategy
It stated that coal has an important role to play in India’s sustainable development as relying primarily on renewable energy will make electricity unaffordable for the masses.
BUSINESS
Economic Survey 2025: Rural areas get 21.9 hours of power supply daily on an average
However, the economic survey stated that the addition of transmission lines was affected by the heavy monsoon conditions that hampered work.
BUSINESS
Budget 2025: Power players want the FM to energise the sector
CEOs hope that Union Finance Minister Nirmala Sitharaman will bring back the 15 percent corporate tax concession for new manufacturing units, including power plants. They also expect better incentives for domestic manufacturing and an extension of the waiver on Inter-State Transmission System (ISTS) charges for renewable projects.
BUSINESS
Govt may involve Central Electricity Regulator to ensure renewable purchase compliance: Pralhad Joshi
As India’s energy demand is expected to double by 2032, the Union minister highlighted the need of even higher RE financing to meet 50 percent of the expected rise in demand through renewable energy.
BUSINESS
Budget 2025: Fast expansion of India’s power transmission network should take centre stage, say experts
While the push for the Green Energy Corridors is likely to continue, industry leaders said the government must focus on incentive schemes to promote domestic manufacturing of transmission equipment and extend the waiver on transmission charges for the renewable sector.
BUSINESS
MC Exclusive: Lara to be India's biggest thermal power plant as NTPC plans expansion
NTPC plans to expand Lara project’s capacity by another 1,600 MW, taking the total to 4,800 MW, making it the biggest thermal plant in India
WORLD
MC Exclusive: Trump order casts a shadow on Indian solar panel manufacturers' US plans
The Trump administration has paused the disbursal of funds under the Inflation Reduction Act, which offered tax credits for making in US. Three of the four Indian manufacturers who wanted to set up plants in the US have put their plans on hold
BUSINESS
MC Exclusive | Green energy budget may increase by at least Rs 10,000 crore
The budget for the new and renewable energy sector is expected to go up to Rs 30,000 crore, with the PM Surya Ghar scheme getting the biggest share to meet the target of 50 lakh rooftop solar installations by March 2026
BUSINESS
Budget 2025: Skilling in green energy sector needs urgent attention, says Waaree Energies CEO
In an exclusive interview with Moneycontrol, Paithankar emphasised that if mass skilling doesn’t begin now, India could be looking at a workforce crunch in this sunrise industry
BUSINESS
Government working on a scheme to promote manufacturing of battery components
India can become self-reliant in cell manufacturing if lithium remains in the country through recycling and is reused in batteries, Vijay Mittal, joint secretary, ministry of heavy industries, has said
BUSINESS
Vikram Solar plans to enter battery energy storage systems: CMD Gyanesh Chaudhary
On Chaudhary's budget wish list are an amended law governing special economic zones and a focus on the renewable manufacturing sector.
BUSINESS
National Coal Index dips 13%, indicating robust domestic supply
Coal accounts for about three-quarters of India’s power generation and its demand is seen to be rising despite the country’s renewables plans.
BUSINESS
Subsidies, PLIs are detrimental to long-term growth of cleantech: Piyush Goyal
Goyal said reliable power would increasingly become a necessity with data centres coming up globally. Meanwhile, G20 Sherpa Amitabh Kant said India must radically shift towards cutting-edge technology to become 'atmanirbhar' and curb imports.
BUDGET
Delhi Elections 2025: Popular power subsidy outlay increased 150 percent in 10 years
Since Delhi’s contest is going to be a triangular one, both BJP and Congress have gone beyond what AAP is offering and have upped their power subsidy promises.
BUSINESS
Exclusive | EESL transitioning to become a leading consultancy and EPC player; no IPO plans as of now: CEO Vishal Kapoor
Kapoor also said that the company has revamped its accounting system, and had the new regime been applied, the losses of previous years would have actually been bumper profits.
BUSINESS
In a historic first, India invites private participation in nuclear power
The Union government's move is a step toward India’s plan of increasing its nuclear power capacity from the current 8,180 MW to 22,480 MW by 2031-32 and eventually 100 GW by 2047.
BUSINESS
Yearender 2024: India’s coal dependence for its energy needs is here to stay
India continues to rely on coal fired power to meet its energy demand because renewable power is mired with intermittency in the absence of energy storage facilities
BUSINESS
2024: A landmark year for green energy in India with record renewable addition and policy momentum
Between January and November this year, the country added at least 24 GW of renewable capacity, double that of 2023, crossing the 200 GW mark. However, industry estimates show that nearly 40 GW of green projects have no takers.
BUSINESS
Exclusive | Will award 7.8 lakh tpa new green hydrogen production capacity in 2025: Pralhad Joshi
The government also will release a Green Hydrogen Certification Scheme in the coming year, the minister for new and renewable energy said.
BUSINESS
Govt report finds declining forest cover in the Western Ghats and Northeast region
The report stated that among mega cities, Delhi has the largest forest cover (194.15 sq km) followed by Mumbai (110.84 sq km) and Bengaluru (89.61 sq km).
BUSINESS
Centre must push states to comply with renewable purchase obligations, says industry
The industry has sought transmission charges waiver and penalty for non-compliance to renewable purchase obligations (RPOs) to clear huge backlog of unsold renewable power agreements
BUSINESS
Government wants banks to up renewable energy financing, minister to meet bankers in January
For India to achieve 500 GW of non-fossil fuel power by 2030, significant and timely financial investments are needed to upgrade infrastructure and build new transmission lines, a CII and EY report has said
BUSINESS
Government to make battery storage a must for renewable projects
Battery storage systems store surplus energy generated during periods of peak production and release it during times of low generation. It helps balance the grid and enhance reliability
BUSINESS
iDEX-like scheme for green energy on the cards: MNRE Secretary
By middle of next year, the government would throw a challenge similar to iDEX in the defence sector, wherein global specifications would be suggested. If the startups, MSMEs and industry can match it through their pilot innovations, then the government would guarantee the off-take for a specified number of years, MNRE secretary Prashant Kumar Singh said.
