PM Modi to inaugurate RE-INVEST 2020
POWER & RENEWABLE ENERGY

PM Modi to inaugurate RE-INVEST 2020

Prime Minister Narendra Modi will inaugurate the virtual third Global Renewable Energy Investment Meeting and Expo (RE-INVEST 2020), on 26 November. United Kingdom’s Secretary of State for Business, Energy and Industrial Strategy, and President COP-26, and Denmark’s Minister of Energy, Utilities and Climate will address the gathering for the inaugural session.

A two-day virtual conference will be held on future energy choices and renewables. Global industry leaders and Ministerial Delegations are expected to be present at the event, which will comprise of six focused country sessions, 20 plenary and technical sessions, a special Chief Ministerial plenary session. According to RK Singh, Minister for New and Renewable Energy, the third edition of RE-INVEST follows the success of the first two editions in 2015 and 2018.

India’s renewable energy capacity has increased manifold over the last six years. The country has invested over Rs 4.7 trillion, making India more attractive for investment in renewables. The share of non-fossil fuel energy sources is expected to increase to over 220 GW by 2022. The country plans to invest Rs 1 trillion per year for renewables for 2030.

The government recently announced production-linked incentive (PLI) to encourage the domestic manufacturing of solar PV cells and modules. Within the next four years, the PM-KUSUM scheme aspires to solarise 1.5 million grid connected pumps, replace 2 million diesel pumps with stand-alone solar pumps, and 10 GW decentralised solar power plants in uncultivable lands of farmers.

Prime Minister Narendra Modi will inaugurate the virtual third Global Renewable Energy Investment Meeting and Expo (RE-INVEST 2020), on 26 November. United Kingdom’s Secretary of State for Business, Energy and Industrial Strategy, and President COP-26, and Denmark’s Minister of Energy, Utilities and Climate will address the gathering for the inaugural session. A two-day virtual conference will be held on future energy choices and renewables. Global industry leaders and Ministerial Delegations are expected to be present at the event, which will comprise of six focused country sessions, 20 plenary and technical sessions, a special Chief Ministerial plenary session. According to RK Singh, Minister for New and Renewable Energy, the third edition of RE-INVEST follows the success of the first two editions in 2015 and 2018. India’s renewable energy capacity has increased manifold over the last six years. The country has invested over Rs 4.7 trillion, making India more attractive for investment in renewables. The share of non-fossil fuel energy sources is expected to increase to over 220 GW by 2022. The country plans to invest Rs 1 trillion per year for renewables for 2030. The government recently announced production-linked incentive (PLI) to encourage the domestic manufacturing of solar PV cells and modules. Within the next four years, the PM-KUSUM scheme aspires to solarise 1.5 million grid connected pumps, replace 2 million diesel pumps with stand-alone solar pumps, and 10 GW decentralised solar power plants in uncultivable lands of farmers.

Next Story
Infrastructure Urban

CONCOR Launches Double-stack Service Between NCR and Varnama

State-run Container Corporation of India (CONCOR) has launched double-stack container train services between the National Capital Region (NCR) and Varnama near Baroda. This initiative aims to facilitate customers at Nhava Sheva near Mumbai, home to Jawaharlal Nehru Port (J N Port). On December 21, the first double-stack container train from Khatuwas and Dadri in NCR reached CONCOR’s Gati Shakti Multimodal Cargo Terminal (GCT) at Varnama, situated along the Western Dedicated Freight Corridor (WDFC). The train carried export cargo destined for J N Port, according to a statement from the state..

Next Story
Infrastructure Transport

Less than 10% of Rs 40 Billion State-aid for Shipbuilding Utilised

A government-sanctioned financial assistance program worth Rs 40 billion, intended to support local shipbuilders over a decade starting in April 2016, has seen minimal utilisation, with only Rs 3.85 billion—less than 10 per cent of the total fund—disbursed thus far. With 15 months remaining before the scheme concludes, its uptake has been limited. The financial aid applies to shipbuilding contracts signed between April 1, 2016, and March 31, 2026. According to a written response provided by Union Minister of Ports, Shipping, and Waterways Sarbananda Sonowal to the Rajya Sabha on December ..

Next Story
Infrastructure Transport

Civil Aviation Minister Opens New ATC Tower at Indore Airport

The Minister for Civil Aviation, Ram Mohan Naidu Kinjarapu, inaugurated the new Air Traffic Control (ATC) Tower-cum-technical block at Devi Ahilyabai Holkar International Airport in Indore, Madhya Pradesh. During the inauguration, the minister toured the facility, where ATC experts explained various technical aspects of tracking and coordinating flights from the newly constructed tower. In addition to the ATC tower, the airport has also introduced a zero-waste plant. The union minister confirmed that this initiative aligns with the government’s commitment to sustainability. Minister Ki..

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000