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Budgeting for growth?

The interim budget 2024-25, announced by Union Finance Minister Nirmala Sitharaman on February 1, 2024, has allocated Rs 11.11 trillion as capital expenditure (capex) for the next financial year – which is 3.4 per cent of the GDP and 11.1 per cent more than the planned capex of Rs 10 trillion for FY24.Read more

Racing towards the next generation utility

Meeting the increasing demands for resources from a growing population, while also addressing sustainability goals, is one of the critical challenge world is facing today, says Sally Jacquemin. She, in this article, presents the different faces of India’s route towards electrification while addressing the challenges and opportunities to conquer.Read more

SAEL raises $1 billion to advance its renewable energy portfolio

In addition to the $1 billion partnership announcement, SAEL has plans to complete capital expenditure of Rs 15,000 crore in FY 25 and execute 2-2.5 GW renewable capacity every year to reach its target of 10 GW in the next 4 years.Read more

Delta Electronics launches "Innovation on Wheels" initiative in India

Over two decades, the company has been deploying smart energy-saving solutions to support the rapid transformation of India’s information technology, e-mobility, renewable energy, and manufacturing sectors.Read more

Delicate balance between load regulation and renewable energy grid integration

A pressing energy grid challenge is much of the infrastructure requires extensive updates to meet future needs. Those involved can pursue numerous possibilities depending on budgets, time frames and other factors, says Emily Newton.Read more

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

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