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India has potential to become a global export hub for green hydrogen: WEF
With affordable renewable energy, India can attract valuable international trade of green hydrogen derivatives, says a report by the World Economic Forum (WEF) and Bain & Company. To boost the country’s export potential, it is crucial to establish recognised standards, improve export infrastructure, and form strategic partnerships.Read more
Industry urges customs duty cuts for green hydrogen viability in India
Renewable energy devices such as solar modules face substantial customs duties and taxes upon import, rendering the establishment of Green Hydrogen facilities economically uncompetitive, according to experts.Read more
Why sustainability is imperative for Indian manufacturing sector
India is expected to export goods worth $1 trillion by 2030. With the ever-increasing accolades and stories of success, it becomes imperative for India, its governance, and the organisation's leadership to grow sustainably, writes Sarita Das.Read more
Gujarat inks $1.5 bn green hydrogen deals with Torrent Power, Erisha eMobility
Torrent Power has committed to constructing a green ammonia facility valued at 72 billion rupees as part of its broader initiative to invest 470 billion rupees in power projects within the state.Read more
India’s RE sector receives FDI equity investment of $6.1 bn during Apr 2020 - Sept 2023
Under the extant Foreign Direct Investment (FDI) policy of the Government of India, FDI in renewable energy sector is permitted up to 100% under the automatic route.Read more
Sembcorp forges green ammonia partnership with Japanese firms to advance RE goals
Sembcorp Green Hydrogen Pte, in partnership with Japanese conglomerate Sojitz Corp and energy major Kyushu Electric Power, has formalised a memorandum of understanding to explore potential opportunities for green ammonia production.Read more
OERC sets tariffs and guidelines for Odisha's renewable energy projects
This tariff framework will be applicable over a three-year financial period, starting from the commencement of the fiscal year 2023-24 and concluding at the end of the fiscal year 2025-26 for all renewable power projects.Read more
Sterling, Wilson Renewable Energy successfully raises Rs 1500 cr in QIP for Solar Expansion
The majority of the funds raised through the QIP will be utilised to reduce debt, providing additional capital to tap into the rapidly expanding solar Engineering, Procurement, and Construction (EPC) markets in India and internationally.Read more
Govt officials laud PLI Scheme success across industries, DPDP rules finalised soon
Secretary S Krishnan announced that the Digital Personal Data Protection (DPDP) rules would be finalized in a few weeks, emphasizing that the DPDP Act strikes a balance between regulation and the security of personal data, fostering innovation.Read more
Thermax aims to address energy sustainability with green solutions
Secures orders exceeding Rs 500 crore for the establishment of five bio-CNG plants.Read more