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WEBDDA allows DISCOMs to provide new electricity connections without reference to authority. Find the latest energy news, views and updates from all top sources for the Indian Energy industry.
Cabinet approves India’s entry into elite global energy efficiency hub
WEB5 hours ago · Updated On Oct 4, 2024 at 08:46 AM IST. New Delhi: The Union Cabinet, under the leadership of Prime Minister Narendra Modi, has given the green light for India to sign the ‘Letter of Intent’ that facilitates India's membership in the International Energy Efficiency Hub. This strategic move underscores India's commitment to bolstering global ...
India's bold energy transition: How the Budget 2024-2025 set …
WEBAug 22, 2024 · The energy portion of India’s latest budget for 2024-2025 released last month provided some new announcements related to developing a national energy transition pathway, including a taxonomy for climate finance, a roadmap to move hard-to-abate industries to emission targets, and the promotion of nuclear energy and pumped hydro storage. India expanded its energy budget to $8.2 billion from $6 ...
Energy Industry News | Energy Sector News - ETEnergyworld.com
WEBWBPDCL achieves coal self-sufficiency for power generation, ends reliance on CIL in FY25. WBPDCL aims to produce around 20 million tonnes of coal in the current fiscal, up from 18.41 million tonnes in FY24. Energy Industry News: Find the latest Energy Sector News & Articles from all top sources for the Indian Energy industry on ET Energy.
Economic Survey 2024: Renewable energy investments to fuel …
WEBJul 22, 2024 · New Delhi: India's renewable energy sector has achieved a new milestone with the installed capacity reaching 190.57 gigawatts (GW) as of March 31, 2024, accounting for 43.12% of the nation’s total installed power generation capacity, according to the Economic Survey 2023-24, tabled by Union Minister of Finance and Corporate Affairs Nirmala Sitharaman, in Parliament on Monday.
Mapping India S Energy Policy A Decade: India's energy subsidies …
WEBMar 13, 2024 · New Delhi: India's energy subsidies have soared to a record ₹3.2 lakh crore ($39.3 billion) in the fiscal year 2023, marking a nine-year high, according to the latest findings. The surge is attributed to the nation's broad-based strategy to enhance its energy supply in light of the 2022 global energy crisis and its burgeoning energy needs. This development comes as India continues to ...
Budget 2024-25 and the future of Energy Transition in India
WEBOn 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 …
Renewable energy generation is changing the Indian energy …
WEBFeb 23, 2024 · India is today witnessing rapid economic growth accompanied by a significant uptick in industrial, construction, and transportation activities. Alongside this growth, the per capita power consumption will also show a significant rise. Currently at 1.3 MWh (2021-2022) and well below the global average, India’s primary energy demand could surge to 1150–1600 Mtoe by 2040, a 30–60% jump from ...
Energy News | Latest Energy Industry Information and Updates: ET ...
WEBIndia sets a ₹9.15 lakh crore blueprint for power sector to meet 458 GW demand by 2032. "Our power infrastructure is pivotal to national security and economic stability," stated Manohar Lal. "The new electricity plan is a proactive measure to ensure we are well-prepared to meet future demands and incorporate emerging technologies like ...
India's energy shift: Major growth in renewables sets stage for a …
WEBDec 26, 2023 · In nutshell, 2023 has laid a robust foundation for India's renewable energy aspirations. Stepping into 2024, the energy sector is poised for further advancements, with a clear emphasis on sustainability, innovation, and addressing the impending challenges in its journey toward a greener future. By Saurav Anand, ETEnergyWorld.