According to the updated NDC, India now stands committed to reducing emissions intensity of its GDP by 45 per cent by 2030, from 2005 level, and achieving about 50 per cent cumulative electric power installed capacity from non-fossil fuel-based energy resources by 2030.
The first industrial revolution used water & steam power to mechanise production, the second used electric power to create mass production, the third used electronics and IT to automate production. Now a fourth industrial revolution is building on a digital revolution that is altering every aspect of our lives helping individuals.
The new version is equipped with 'Intelli-Hybrid' technology that helps reduce fuel consumption by up to 7 percent by assisting the engine with electric power during acceleration, automatically switching the engine off while the vehicle is stationary (start-stop) and re-using brake energy, which would otherwise be wasted, a company statement said.
"Prime Minister Narendra Modi has made pledges which are enormously impressive with respect to the development of renewable energy, solar wind and renewable beyond that. The total that he has pledged is 175 GW by 2022 which is an enormous pledge," US Special Envoy for Climate Change Todd Stern said.
Electric power transmission towers manufacturer KEC International announced its fourth quarter (January-March) consolidated net loss at Rs 14 crore. Vardhan Dharkar of KEC International told CNBC-TV18 that the loss is at the standalone result level not at the consolidated and year as a whole it had a profit of Rs 65 crore.