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India's clean energy capacity to reach 107 GW in solar by 2030, …
Oct 8, 2024 · “India will achieve full self-sufficiency in solar PV and wind and over 90% in battery cells,” said Indra Mukherjee of S&P Global Commodity Insights. The country’s rise in clean energy is being driven by policies such as the Production-Linked Incentive (PLI) scheme, as well as tariffs on imports like basic customs duties (BCD) and the goods and services tax (GST).
India to boost CNG, PNG infrastructure with 17,500 stations, 120 ...
Mar 6, 2024 · New Delhi: India is set to have around 17,500 Compressed Natural Gas (CNG) stations and approximately 120 million Piped Natural Gas (PNG) connections by the year 2030, Union minister for petroleum and natural gas, Hardeep Singh Puri said. This expansion is expected to significantly develop ancillary industries, such as those manufacturing CGD meters, compressors, and dispensers, contributing ...
Budget 2024-25 and the future of Energy Transition in India
On 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 from fossil fuels, for a cleaner and greener future.
Budget 2024: Modi govt powers up India's green energy …
Jul 23, 2024 · New Delhi: Finance Minister Nirmala Sitharaman unveiled a future-focused Union Budget 2024-25 on Tuesday, introducing sweeping reforms to drive India's energy sector towards unprecedented sustainability and efficiency. As the nation strides towards the ambitious 'Viksit Bharat' vision for 2047, the government has charted a path that heavily endorses both nuclear advancements and renewable ...
India generates 61.8 BU renewable energy in 2024-25 up to May …
Jul 29, 2024 · Mumbai: India generated 61.84 billion units (BU) of renewable energy in 2024-25 up to May 2024, Pralhad Joshi, minister of new and renewable energy told Parliament on 24 July 2024.This constituted 19.19 per cent share in the total generation mix. In response to a question in Parliament, the minister, quoting the data from Central Electricity Authority, laid down the details of annual ...
India's EV revolution: Dashboard predicts 45.5% CAGR, 1.6 crore …
Oct 16, 2023 · The EV-Ready India dashboard has projected an impressive 45.5% Compounded Annual Growth Rate (CAGR) in electric vehicle sales between 2022 and 2030, indicating a substantial surge from the 6,90,550 electric two-wheelers (E2Ws) sold in 2022 to a staggering 1,39,36,691 E2Ws expected to hit the Indian roads by 2030. New Delhi: Union minister for ...
India's bioeconomy to hit $300 bn by 2030 under new BioE3 policy
Aug 27, 2024 · New Delhi: India's bioeconomy has seen exponential growth, ballooning from $10 billion in 2014 to a staggering $130 billion in 2024, with expectations to triple to $300 billion by 2030. This surge is largely attributed to the recently unveiled BioE3 (Biotechnology for Economy, Employment, and Environment) Policy, aimed at transforming India into a global biotech leader.
India achieves 15% ethanol blending; aims for 20% by 2025: …
Updated On Jun 11, 2024 at 06:48 PM IST. New Delhi: Union Minister for Petroleum and Natural Gas, Hardeep Singh Puri on Tuesday said that the country successfully achieved 15 per cent ethanol blending in May and is on track to reach the 20 per cent target by 2025. Addressing the media upon assuming office, Puri emphasized the accelerated goal ...
Energy Statistics India 2024 - Analysing the sustainable ...
Mar 26, 2024 · The report reveals a notable shift in energy demand from non-renewable to renewable sources. The share of Renewable Energy in Total Primary Energy Supply (TPES) has ascended to 3.81% in 2021-22 whereas the share in Total Electricity has reached to 20.34% in 2022-23. Despite this positive trajectory, the non-renewable sector continues to dominate, with the energy sector being the largest ...