India sets a ₹9.15 lakh crore blueprint for power sector to meet …
Sep 24, 2024 · New Delhi: In a strategic endeavor to revamp India's power infrastructure, the ministry of power, under the guidance of Prime Minister Narendra Modi, has rolled out a comprehensive plan worth ₹9.15 lakh crore aimed at amplifying the nation's power grid and enhancing energy security.Announced by Union minister Manohar Lal during a press conference in New Delhi, the National Electricity Plan ...
Energy News | Latest Energy Industry Information and Updates: ET ...
Find the latest energy news, views and updates from all top sources for the Indian Energy industry.
Govt rolls out new EV charging guidelines to fuel electric vehicle …
Sep 23, 2024 · New Delhi: In a significant push to promote sustainable transportation, the Government of India has unveiled a robust framework for enhancing the electric vehicle (EV) charging infrastructure across the nation. Announced on September 17, 2024, by the ministry of power, these guidelines aim to massively increase the accessibility and density of EV charging stations, with ambitious targets set ...
India targets 250 million smart meters by 2027, $20 billion …
Oct 12, 2024 · New Delhi: India is pushing ahead with an ambitious plan to install 250 million smart meters, presenting a $20 billion opportunity for the energy sector, according to an industry report by Avener Capital.As of October 2, 2024, around 117.7 million meters have been awarded, with 14.5 million installed, as part of the Advanced Metering Infrastructure Service Provider (AMISP) initiative, which is ...
India's EV sales double to 96,000 units in 2023, electric two …
Apr 11, 2024 · New Delhi: Electric vehicle (EV) sales in India surged across all segments in 2023, with passenger EV sales nearly doubling to 96,000 units, representing 2.3% of all passenger vehicle sales, as per the Bloomberg New Economy Forum. This growth, marking a significant milestone in India's EV adoption journey, is attributed to a combination of lower lifetime ownership costs, a broader array of ...
India should aim to become clean energy exporter by 2030: …
Oct 8, 2024 · New Delhi: India should aim for 750 gigawatts of renewable energy capacity and become a clean energy exporter by 2030, former NITI Aayog CEO Amitabh Kant said on Monday. At a roundtable discussion here, Kant said that there is no shortage of global funds for clean energy, but India needs to establish strong financial systems, such as escrow accounts, to attract private investments for ...
PM E-Drive Scheme: India targets 30% EV sales by 2030, pushes …
Nov 19, 2024 · New Delhi: India has set an ambitious target of achieving 30% electric vehicle (EV) sales penetration by 2030, with the government focusing on building a robust EV ecosystem supported by research, innovation, and infrastructure development, said Union Minister for Heavy Industries and Steel, H.D. Kumaraswamy
India's clean energy capacity to reach 107 GW in solar by 2030, …
Oct 8, 2024 · “India will achieve full self-sufficiency in solar PV and wind and over 90% in battery cells,” said Indra Mukherjee of S&P Global Commodity Insights. The country’s rise in clean energy is being driven by policies such as the Production-Linked Incentive (PLI) scheme, as well as tariffs on imports like basic customs duties (BCD) and the goods and services tax (GST).
Budget 2024-25 and the future of Energy Transition in India
On July 23rd 2024, the finance minister presented the first budget of the newly formed government. The Budget allocated Rs 191 billion for the Ministry of New and Renewable Energy.Indeed, energy transition has been high on the agenda and policy measures have been undertaken to expedite the transition away from fossil fuels, for a cleaner and greener future.
Schneider Electric to invest ₹3,200 crore in India to grow footprint ...
Mar 21, 2024 · New Delhi: In a significant move that underscores its commitment to India’s growing industrial and technological sector, Schneider Electric India plans to invest ₹3,200 crore to enhance its industrial footprint across the country by 2026. The expansion will include an addition of 12,00,000 square feet of space spread over nine states, including Gujarat, Telangana, Karnataka, West Bengal ...