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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.
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Hydro power generation lagged in recent years amid muted capacity additions
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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
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India is aiming to reach 500 gigawatts of clean power capacity by 2030 and affordable storage solutions for intermittent sources like solar and wind are crucial in a country that still gets nearly three-quarters of its electricity from coal.
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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
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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
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Budget 2025 should focus on expediting PPA signings, enhancing supply chain resilience, advancing technology adoption, and strengthening financial markets to accelerate renewable energy growth. Incentives for CCUS, energy storage, and R&D will drive India’s clean energy transition
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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
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On Chaudhary's budget wish list are an amended law governing special economic zones and a focus on the renewable manufacturing sector.
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The RE capacity addition progress is encouraging, but not enough to meet the 2030 target
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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.
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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.
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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.
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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.
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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.
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In 2024, RE capacity addition picked up pace, but the target of 500 GW of non-fossil fuel energy by 2030 still looks daunting
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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
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If the industry maintains the current pace of capacity additions, then India can comfortably exceed previous annual highs in renewable energy project installations.
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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.
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The government also will release a Green Hydrogen Certification Scheme in the coming year, the minister for new and renewable energy said.
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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
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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
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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
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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.
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So far, 96 coal mines have been auctioned for commercial operations by the government. Out of these allocated 96 blocks, 12 blocks have got 'mine opening permission' and nine have started actual coal production, while the rest are under construction.
