India sets a ₹9.15 lakh crore blueprint for power sector to meet …
Sep 24, 2024 · New Delhi: In a strategic endeavor to revamp India's power infrastructure, the ministry of power, under the guidance of Prime Minister Narendra Modi, has rolled out a comprehensive plan worth ₹9.15 lakh crore aimed at amplifying the nation's power grid and enhancing energy security.Announced by Union minister Manohar Lal during a press conference in New Delhi, the National Electricity Plan ...
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Find the latest energy news, views and updates from all top sources for the Indian Energy industry.
Govt rolls out new EV charging guidelines to fuel electric vehicle …
Sep 23, 2024 · New Delhi: In a significant push to promote sustainable transportation, the Government of India has unveiled a robust framework for enhancing the electric vehicle (EV) charging infrastructure across the nation. Announced on September 17, 2024, by the ministry of power, these guidelines aim to massively increase the accessibility and density of EV charging stations, with ambitious targets set ...
India targets 250 million smart meters by 2027, $20 billion …
Oct 12, 2024 · New Delhi: India is pushing ahead with an ambitious plan to install 250 million smart meters, presenting a $20 billion opportunity for the energy sector, according to an industry report by Avener Capital.As of October 2, 2024, around 117.7 million meters have been awarded, with 14.5 million installed, as part of the Advanced Metering Infrastructure Service Provider (AMISP) initiative, which is ...
India's energy shift: Renewables, EVs, and smart grids set to …
Nov 14, 2024 · New Delhi: India’s energy sector is projected to see robust growth in renewable energy, smart grids, and electric vehicles by 2025, as the country targets 500 GW of green energy capacity by 2030, said Capgemini in their insights, titled “2025 Predictions – Energy Transition & Utilities Technology and Industry Trends in India.”
India's EV sales double to 96,000 units in 2023, electric two …
Apr 11, 2024 · New Delhi: Electric vehicle (EV) sales in India surged across all segments in 2023, with passenger EV sales nearly doubling to 96,000 units, representing 2.3% of all passenger vehicle sales, as per the Bloomberg New Economy Forum. This growth, marking a significant milestone in India's EV adoption journey, is attributed to a combination of lower lifetime ownership costs, a broader array of ...
PM E-Drive Scheme: India targets 30% EV sales by 2030, pushes …
Nov 19, 2024 · New Delhi: India has set an ambitious target of achieving 30% electric vehicle (EV) sales penetration by 2030, with the government focusing on building a robust EV ecosystem supported by research, innovation, and infrastructure development, said Union Minister for Heavy Industries and Steel, H.D. Kumaraswamy
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 becomes world's third-largest solar power generator: Report
May 9, 2024 · India becomes world's third largest solar power generator, overtakes Japan: Report New Delhi: India has surpassed Japan to become the world's third-largest solar power generator in 2023, driven by significant growth in solar generation, according to a report by global energy think tank Ember. The country's ranking has improved from ninth place in 2015.
India Power Demand: India’s power demand to hit 708 GW by …
Oct 14, 2024 · A key focus of the government’s strategy is renewable energy. "We have set an ambitious target of 500 GW of non-fossil energy capacity by 2030, effectively doubling our current capacity," the minister noted, adding that this aligns with India’s commitment to reducing carbon emissions by one billion tonnes by 2030 and achieving net-zero emissions by 2070.