sanjugupta

ACME Commits Minimum $3 Billion to Green Ammonia Initiatives in Fiscal 2024-25, Says Group President

ACME Commits Minimum $3 Billion to Green Ammonia Initiatives in Fiscal 2024-25, Says Group President The ACME Group, a Gurugram-based company specializing in renewable and new energy, has announced plans to allocate at least $3 billion (approximately Rs 24,936 crore) towards advancing two flagship green ammonia production initiatives in the fiscal year 2024-25. Group President …

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GAIL to Launch India’s Premier Green Hydrogen Initiative in April

GAIL to Launch India’s Premier Green Hydrogen Initiative in April GAIL (India) Ltd, the state-operated natural gas giant, is on the brink of launching India’s inaugural green hydrogen initiative in the forthcoming weeks. This groundbreaking project, as reported by Reuters and corroborated by several company insiders, is set to kick off at GAIL’s Vijaipur facility …

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Credit Fair and Luminous Power Technologies Join Forces to Transform Solar Financing in India

Credit Fair and Luminous Power Technologies Join Forces to Transform Solar Financing in India Credit Fair, a leading player in the fintech lending space, has partnered with Luminous Power Technologies, a prominent provider of energy solutions, to bring affordable solar financing options to India. This collaboration is set to enable a broad spectrum of beneficiaries—including …

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Adani Group Commits 70% of Its Investments to Renewable Energy Initiatives

Adani Group Commits 70% of Its Investments to Renewable Energy Initiatives Adani Group plans to allocate over 70% of its future investments toward sustainable energy projects. These projects include renewable energy generation, green hydrogen production, and the development of green energy transmission infrastructure. A significant endeavor in this direction is the establishment of the largest …

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President Approves PM-Surya Ghar: Muft Bijli Scheme to Equip One Crore Households with Solar Power

President Approves PM-Surya Ghar: Muft Bijli Scheme to Equip One Crore Households with Solar Power The Indian government has officially launched the PM-Surya Ghar: Muft Bijli Yojana, an ambitious initiative aimed at promoting the adoption of rooftop solar energy in one crore homes across the country. With a substantial investment of INR 75,021 crore, this …

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Navigating Towards Sustainability: Nestlé’s Sustainability Report 2023

Navigating Towards Sustainability: Nestlé’s Sustainability Report 2023 In 2023, Nestlé has reinforced its position as a leader in corporate sustainability, setting ambitious targets and implementing widespread changes across its global operations. The company’s “Creating Shared Value and Sustainability Report 2023” provides an in-depth look at its efforts to integrate sustainability into every facet of its …

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China’s Ascendancy in the Global Green Economy: The Rise of the “New Three”

China’s Ascendancy in the Global Green Economy: The Rise of the “New Three” In recent years, China has emerged as a dominant force in the global green economy, particularly in the sectors of solar cells, lithium-ion batteries, and electric vehicles (EVs)—collectively known as the “new three.” Dominating over 80% of solar cell exports, more than …

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Allocating ₹5,000 Crore for Advancing Green Hydrogen Initiatives in Uttar Pradesh

Allocating ₹5,000 Crore for Advancing Green Hydrogen Initiatives in Uttar Pradesh In an ambitious move to bolster its clean energy portfolio, Uttar Pradesh has earmarked a substantial investment of Rs 5,000 crore for the development of green hydrogen production. This initiative is a part of the state’s broader strategy to embrace renewable energy and reduce …

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SJVN Wins ₹7,436 Crore Deal for Solar Energy Development in Maharashtra

SJVN Wins ₹7,436 Crore Deal for Solar Energy Development in Maharashtra SJVN Limited, a state-owned enterprise in India, recently marked a significant milestone in the renewable energy sector by securing a contract valued at ₹7,436 crore. This deal is for the development of solar power projects with a combined capacity of 1,352 megawatts (MW) across …

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Maharashtra Aims for 3 Million Residential Rooftop Solar Installations

Maharashtra Aims for 3 Million Residential Rooftop Solar Installations Under the Pradhan Mantri Surya Ghar – Muft Bijli Yojana, the Maharashtra State Electricity Distribution Company (MSEDCL) has created plans to install 3 million rooftop solar systems on homes throughout the state. The state has instructed all field offices to concentrate on meter testing and technical …

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