Joshi said India’s renewable energy success goes beyond numbers and has become people-centric, with over 2 million households already benefiting from solar power under the PM Surya Ghar Muft Bijli Yojana. India’s transition to green energy is not just reshaping its power mix; it is transforming lives at the grassroots, said Union Minister for New...
Tag: Renewable Energy
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Low-Cost Capital Crucial to Power India’s Clean Energy Manufacturing Surge: CII-PwC
A new CII-PwC report urges policy clarity, streamlined approvals, and affordable financing to scale India’s renewable energy manufacturing. With global competition intensifying, strategic capital access could define India’s leadership in the green transition. India’s ambition to become a global hub for renewable energy (RE) manufacturing is gaining momentum, but its success hinges on access to...
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Suzlon Commits to Full EV Fleet by 2035, Targets 24% Emissions Cut Under Global EV100 Pact
As part of its EV100 commitment, Suzlon will electrify its entire fleet by 2035, cutting fuel use, slashing emissions by 24 per cent, and accelerating India’s transition to net zero. After pledging to power all its facilities with 100 per cent renewable energy by 2030, renewable energy solution provider Suzlon has taken a decisive step...
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India’s Coastline Will Drive Prosperity: PM Modi Unveils ₹60 Billion Maritime Projects in Gujarat
Speaking at Bhavnagar, Prime Minister Narendra Modi laid the foundation stone for the world’s first compressed natural gas (CNG) terminal and a brownfield port, launching ₹60 billion worth of projects to boost India’s coastal economy, logistics capacity, and global trade integration. Prime Minister Narendra Modi has said that India’s coastline will become the gateway to...
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Maharashtra Farmers Gain Daytime Irrigation Boost from Avaada’s Solar Push
The state government-led initiative under the Mukhyamantri Saur Krushi Vahini Yojana (MSKVY) aims to provide farmers with reliable daytime electricity for irrigation while accelerating the shift to decentralised clean energy. Mumbai-headquartered Avaada Group has commissioned 11 solar power projects in Maharashtra’s Yavatmal district under the Mukhyamantri Saur Krushi Vahini Yojana (MSKVY) 2.0. The state-led initiative...
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India Sets 2028 Target for Swadeshi Solar Cells, Eyes Full Domestic Value Chain: Pralhad Joshi
The New and Renewable Energy Minister confirmed that, following requests from chief ministers for additional allocations under the PM-KUSUM scheme, its second phase will be launched after the current phase concludes in March 2026. India is advancing towards a fully indigenous solar manufacturing ecosystem, with a target to produce Swadeshi solar cells by 2028, Union...
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Suzlon Commits to 100% Renewable Energy Across All Manufacturing Units by 2030
India’s largest renewable energy solutions provider’s commitment across all 15 manufacturing units forms part of a broader decarbonisation roadmap. Suzlon Group has become the first Indian energy company to pledge 100 per cent renewable energy usage across all its manufacturing facilities by 2030, marking a major milestone in India’s clean energy transition. The company has...
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India to Extend Digitalisation of Public Services to the Power Sector with India Energy Stack
While major global economies are advancing digitalised energy frameworks, the India Energy Stack may be the most ambitious attempt by any country to integrate public infrastructure at scale through a unified ‘stack’ architecture. Following the success of Aadhaar as a national identity card and UPI for digital payments, the government announced an India Energy Stack...
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REC Reports Strong Profit Growth
Power sector financier, REC, has reported a robust profit after tax of Rs.157.13 billion for the financial year ended March 31, 2025, driven by strong growth across all verticals, recalibration of interest rates on loan assets, and effective financial cost management. Earnings per share rose to Rs.59.55, up from Rs.53.11 in the previous year. The...
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India is ready to build for the world!
With a proposed $3 billion capex plan, INOXGFL Group—a 90-year-old chemicals-to-renewables powerhouse—is making big bets on India’s transition to green energy. Devansh Jain, Executive Director, INOXGFL Group, tells INFRASTRUCTURE TODAY in this exclusive interview that, driven by geopolitical realignments, India is uniquely positioned to scale its manufacturing capabilities across electronics, solar, wind, and battery technologies....