India's Green Energy Transition Accelerates
POWER & RENEWABLE ENERGY

India's Green Energy Transition Accelerates

India's Ministry of New and Renewable Energy (MNRE) has announced significant progress in the country's transition towards green energy. With a notable surge in renewable energy capacity, India is advancing rapidly towards achieving its ambitious clean energy targets.

According to the latest data released by MNRE, India's renewable energy capacity has reached a remarkable milestone of 150 GW. This includes a diverse mix of renewable energy sources such as solar, wind, hydro, and biomass, highlighting the country's commitment to diversifying its energy mix and reducing dependence on fossil fuels.

The surge in renewable energy capacity is attributed to various government initiatives and policy interventions aimed at promoting clean energy development. These include incentives such as subsidies, tax breaks, and favourable regulatory frameworks that have incentivized investments in renewable energy projects across the country.

Furthermore, India's transition towards green energy is aligned with its international commitments under the Paris Agreement, where the country has pledged to increase the share of renewable energy in its total energy mix. The rapid expansion of renewable energy capacity demonstrates India's dedication to combating climate change and reducing carbon emissions.

The growth in renewable energy capacity also presents significant economic opportunities, including job creation, investment opportunities, and technological advancements in the clean energy sector. Moreover, the transition towards green energy contributes to energy security, environmental sustainability, and improved air quality.

Overall, India's accelerating green energy transition marks a significant milestone in the country's journey towards a sustainable and low-carbon future. With continued efforts and investments in renewable energy, India is poised to emerge as a global leader in clean energy development and contribute to the global fight against climate change.

India's Ministry of New and Renewable Energy (MNRE) has announced significant progress in the country's transition towards green energy. With a notable surge in renewable energy capacity, India is advancing rapidly towards achieving its ambitious clean energy targets. According to the latest data released by MNRE, India's renewable energy capacity has reached a remarkable milestone of 150 GW. This includes a diverse mix of renewable energy sources such as solar, wind, hydro, and biomass, highlighting the country's commitment to diversifying its energy mix and reducing dependence on fossil fuels. The surge in renewable energy capacity is attributed to various government initiatives and policy interventions aimed at promoting clean energy development. These include incentives such as subsidies, tax breaks, and favourable regulatory frameworks that have incentivized investments in renewable energy projects across the country. Furthermore, India's transition towards green energy is aligned with its international commitments under the Paris Agreement, where the country has pledged to increase the share of renewable energy in its total energy mix. The rapid expansion of renewable energy capacity demonstrates India's dedication to combating climate change and reducing carbon emissions. The growth in renewable energy capacity also presents significant economic opportunities, including job creation, investment opportunities, and technological advancements in the clean energy sector. Moreover, the transition towards green energy contributes to energy security, environmental sustainability, and improved air quality. Overall, India's accelerating green energy transition marks a significant milestone in the country's journey towards a sustainable and low-carbon future. With continued efforts and investments in renewable energy, India is poised to emerge as a global leader in clean energy development and contribute to the global fight against climate change.

Next Story
Infrastructure Energy

Coal Supply Chain Strengthened Nationwide

The Ministry of Coal has adopted multiple measures to improve the coal supply chain, ensuring efficient and cost-effective transportation. In February 2024, it launched the Coal Logistic Plan and Policy to enhance supply chain efficiency, lower costs, and promote sustainability. A key initiative is the development of First Mile Connectivity (FMC) projects, which aim to streamline coal evacuation from mines using mechanised loading infrastructure such as conveyor belts and crushers. So far, 39 FMC projects have been completed, adding a total capacity of 386 million tonnes. Rail infras..

Next Story
Infrastructure Energy

Raghavpur Project in MP gets environmental clearance

Afcons Infrastructure has received environmental clearance for the Raghavpur Multipurpose Project in Madhya Pradesh’s Dindori district, awarded by the Narmada Valley Development Authority. The project includes the construction of a dam and a 25 MW powerhouse on the Narmada River, along with a pressurised piped irrigation system to serve 17,587 hectares of farmland.The clearance was granted by the Madhya Pradesh State Environment Impact Assessment Authority (SEIAA), marking a key milestone. The project aims to boost both clean energy and agricultural output by integrating hydropower generatio..

Next Story
Equipment

Zoomlion begins Phase II of German factory project

Zoomlion Heavy Industry Science & Technology has initiated Phase II of its German factory project in Waldlaubersheim, investing over €50 million to expand the Wilbert TowerCranes GmbH facility. Spanning 60,000 square metres, the upgraded unit will produce tower cranes, truck cranes, and concrete machinery, aiming to deliver over 1,000 units annually and generate around USD 300 million in output once fully operational.The move aligns with Zoomlion’s vision to establish a central hub in Europe and strengthen its global supply chain, R&D, and service network. The new facility ..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?