India to play a leadership role in RE sector in the future: Piyush Goyal
POWER & RENEWABLE ENERGY

India to play a leadership role in RE sector in the future: Piyush Goyal

Minister of Commerce and Industry, Consumer Affairs, Food and Public Distribution, and Textiles, Piyush Goyal, told the media that India would be a leader in renewable energy in the coming years, addressing the Valedictory Session of the second Aatmanirhar Bharat Self-Reliance for Renewable Energy Manufacturing.

Seeing the progress of renewables in the country, he said that the initial stage of hydro-power is already attracting Hydrogen technologies. The Hydrogen Energy Mission in 2021-22 for generating hydrogen from green power has been launched.

The LED Mission was another success under PM Narendra Modi. LEDs have saved the country's billions of dollars in electricity, and it has reduced carbon emissions by over 120 million tonnes each year, he said.

Goyal said that the Ministry would encourage electric vehicle owners to charge their batteries using renewable or solar energy, for which the industries are looking to introduce charging stations across the gas stations in the country. According to him, battery technologies will be crucial for sustainability and for progressing renewable energy.

Goyal said that by 2023-24 India would be blending 20% ethanol in petrol products. The target is to have vehicles that can take up to 100% ethanol. They aim to make India realise its electricity needs more sustainably and also balance the electricity cost in such a way that it does not affect the development goals. With a renewable energy target of 175 GW by 2022, India is now looking forward to 450 GW by 2030.

India's movement towards wind power and importation of wind equipment made it one of the biggest manufacturers of wind equipment, he said.

Image Source


Also read: Prince Charles lauds India's solar power efforts

Also read: US-based 1366 Technologies to invest $300 mn for solar module in India

Minister of Commerce and Industry, Consumer Affairs, Food and Public Distribution, and Textiles, Piyush Goyal, told the media that India would be a leader in renewable energy in the coming years, addressing the Valedictory Session of the second Aatmanirhar Bharat Self-Reliance for Renewable Energy Manufacturing. Seeing the progress of renewables in the country, he said that the initial stage of hydro-power is already attracting Hydrogen technologies. The Hydrogen Energy Mission in 2021-22 for generating hydrogen from green power has been launched. The LED Mission was another success under PM Narendra Modi. LEDs have saved the country's billions of dollars in electricity, and it has reduced carbon emissions by over 120 million tonnes each year, he said. Goyal said that the Ministry would encourage electric vehicle owners to charge their batteries using renewable or solar energy, for which the industries are looking to introduce charging stations across the gas stations in the country. According to him, battery technologies will be crucial for sustainability and for progressing renewable energy. Goyal said that by 2023-24 India would be blending 20% ethanol in petrol products. The target is to have vehicles that can take up to 100% ethanol. They aim to make India realise its electricity needs more sustainably and also balance the electricity cost in such a way that it does not affect the development goals. With a renewable energy target of 175 GW by 2022, India is now looking forward to 450 GW by 2030. India's movement towards wind power and importation of wind equipment made it one of the biggest manufacturers of wind equipment, he said. Image Source Also read: Prince Charles lauds India's solar power efforts Also read: US-based 1366 Technologies to invest $300 mn for solar module in India

Next Story
Resources

Embassy Developments Appoints New Leadership, Plans Expansion

Embassy Developments Limited (EDL) has appointed Jitendra Virwani as Chairman and Aditya Virwani as Managing Director, following a board decision on February 25, 2025. Sachin Shah will continue as CEO & Executive Director, and Rajesh Kaimal has been named CFO & Executive Director.Under its growth strategy, EDL has announced asset acquisitions worth Rs 5.59 billion (bn), including a 1.3 million sq. ft. luxury residential project and a 9.5-acre land parcel in North Bengaluru. The company is also planning a Rs 20 bn Qualified Institutional Placement (QIP) to support expansion and ..

Next Story
Resources

Signature Global marks National Safety Week with safety initiatives onsite.

Signature Global (India) has launched National Safety Week (4-10 March 2025) across its construction sites, reaffirming its commitment to occupational health and safety. Aligned with the 54th National Safety Day theme, ""Safety and Well-being: Crucial for Viksit Bharat,"" the initiative highlights the company’s focus on comprehensive safety practices.The observance began at Signature Global City 93, Gurugram; Signature Global City 37D; DE-LUXE DXP at Dwarka Expressway; and Signature Global Imperial at Sector 88, engaging workers, laborers, and staff through awareness programs and strict adhe..

Next Story
Resources

Hafele Expands Presence in Indore with New Licht Experience Centre

Hafele, a global leader in interior solutions, has launched its second Licht Experience Centre in India, following Chandigarh. Located at Uniko Lights, Indore, the centre offers cutting-edge lighting solutions designed to inspire architects, designers, and consumers.Inaugurated by Manish Mahajan, Sales Director – Hafele South Asia, and Manish Kumat, Principal Designer – Manish Kumat Design Cell, the centre showcases architectural and furniture lighting solutions that enhance both aesthetics and functionality. The Loox Range, designed for furniture lighting, integrates seamlessly into vario..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?