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ONGC plans Rs 350 bn investment for 5 GW RE Capacity by 2030
ONGC is actively exploring various avenues, including pumped storage with a two GW capacity, five GW of solar and onshore wind capacity, and offshore wind with a one GW capacity, all to be realized by 2035.Read more
Deadline near for bids in India's Green Hydrogen Revolution under SIGHT Scheme
The last date to submit bids for green hydrogen and electrolyser manufacturing projects under the government's SIGHT Scheme ends on December 12, Parliament was informed on Thursday.Read more
India's National Green Hydrogen Mission Aims to Slash Fossil Fuel Imports by 2030
The Union Cabinet greenlit the mission in January 2023, allocating Rs 19,744 crore to establish India as a global hub for manufacturing green hydrogen, a sustainable energy source.Read more
Adani Green Energy secures record $1.36 bn funding for world's largest RE park
This achievement represents the company's largest project financing to date under the Construction Financing Framework, augmenting the total funding pool to $3 billion since the initial project financing in March 2021.Read more
European Investment Bank eyes green hydrogen in India, awaits proposals
In an earlier statement in 2023, the EIB had expressed its intent to support India's National Green Hydrogen Mission with a facility of up to €1 billion.Read more
India joins Battery Energy Storage Systems Consortium led by GLC
In a collaborative push, India aligns itself with pioneering nations committed to securing 5 GW of BESS commitments by the end of 2024.Read more
Sweden’s Alleima opens expanded heat exchanger tube facility in Mehsana
Built with a total investment of SEK 180 million (approximately Rs 143 crore) between 2019-2023, the new facility will enhance capabilities to produce advanced alloys for making heat exchanger tubes, which are used for critical applications in the chemical, petrochemical and renewable energy segments.Read more
Indian Biogas Sector sees surge: Expects Rs 1,500 cr in Foreign Investments
During the Renewable Energy India Expo 2023, investment agreements amounting to Rs 2,755 crore were sealed, nearly double the figures from the previous year.Read more
THK India unveils facility in Sri City for linear motion innovation
This facility stands as THK's sole production unit in India, specializing in the manufacture of linear motion guides and equipment for diverse applications across various sectors.Read more
Caterpillar to develop hydrogen-hybrid power solution for Off-Highway Vehicles
Caterpillar’s hydrogen-hybrid demonstration project leverages the performance, packaging, and fuel flexibility engineered into the new 13-liter Cat C13D engine platform.Read more