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The Gujarat government has announced plans to install 48 MW of solar rooftop systems on various state government buildings during the 2024-25 fiscal year as part of its ongoing efforts to promote renewable energy and reduce reliance on traditional fuels. The state's Climate Change Department has earmarked Rs 177.4 crore to facilitate the installation. “The state has already seen success in its solar energy initiatives. As of March 2024, over 3,000 government buildings h...
Green energy push: Gujarat to install solar rooftop systems on government buildings
India has signed an agreement for the export of green ammonia to Japan marking a significant step forward in the country’s journey to becoming a global leader in green energy in green hydrogen and ammonia production, the Ministry of New & Renewable Energy (MNRE) said. The Heads of Terms (HoT) project offtake agreement was signed between Sembcorp Industries, Sojitz Corporation, Kyushu Electric Power and NYK Line solidifying a cross-border green ammonia supply partnership fro...
India inks pact to export green ammonia to Japan
The Ministry of New and Renewable Energy on Friday announced that the capacity of Tranche-II under the Strategic Interventions for Green Hydrogen Transition (SIGHT) Programme will be 450,000 TPA (tonnes per annum) of Green Hydrogen, with 40,000 TPA capacity reserved for biomass-based pathways (bucket-II) and the rest for technology agnostic pathways (bucket-I). Solar Energy Corporation of India (SECI) is the implementing agency for this tranche as well. The Request for Selection (Rf...
Government sets ball rolling for Tranche-II green hydrogen projects
India has the capability to become a leading exporter of green hydrogen and is poised to play a pivotal role in the global hydrogen economy, Secretary, Ministry of New & Renewable Energy, Bhupinder Singh Bhalla said at the World Hydrogen Summit. Addressing the delegates on Wednesday, Bhalla said: "With a strategic focus on scaling up production, India aims to capitalise on emerging opportunities in the international market for green hydrogen, thereby reinforcing its position as a ...
India makes strong pitch for playing pivotal role in global hydrogen economy
India is showcasing its innovative technologies and power generation practices at the 26th World Energy Congress, being held in the Netherlands from April 22 to 25. The India Pavilion at the Congress is reinforcing the country's commitment to environmental conservation on the global stage. Central Public Sector Enterprises under the Ministry of Power, Ministry of New & Renewable Energy, Ministry of Coal and Ministry of Petroleum & Natural Gas are participating in the India Pavi...
India showcasing innovative technologies at World Energy Congress
Adani Green Energy Limited (AGEL) on Thursday said that it has operationalised 126 MW wind power capacity in Gujarat, marking the completion of the 300 MW of project, with 174 MW being operationalised earlier. The 300 MW wind project will produce around 1,091 million electricity units, leading to an avoidance of approximately 0.8 million tons of CO2 (carbon dioxide) emissions annually. "With the operationalisation of the project, AGEL continues to strengthen its market leadership, ...
Adani Green Energy operationalises 300 MW wind power project in Gujarat
Indian Renewable Energy Development Agency is currently trading at Rs. 168.50, up by 2.15 points or 1.29% from its previous closing of Rs. 166.35 on the BSE. The scrip opened at Rs. 167.55 and has touched a high and low of Rs. 171.45 and Rs. 160.00 respectively. So far 4059322 shares were traded on the counter. The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 215.00 on 06-Feb-2024 and a 52 week low of Rs. 49.99 on 29-Nov-2023. Last one week high ...
IREDA soars on planning to establish subsidiary to cater to retail projects
Indian Renewable Energy Development Agency Ltd. (IREDA) and Punjab National Bank (PNB) have signed a Memorandum of Understanding (MoU) on Monday aimed at advancing renewable energy initiatives across the nation. The agreement paves the way for joint efforts in co-lending and loan syndication for a diverse spectrum of renewable energy projects. It covers joint lending, loan syndication and underwriting, management of Trust and Retention Account (TRA) for IREDA borrowers, and working towa...
IREDA inks pact with PNB for financing green energy projects
The government on Wednesday issued guidelines for undertaking pilot projects for using Green Hydrogen as fuel in buses, trucks and 4-wheelers. Under the National Green Hydrogen Mission, the Ministry of New & Renewable Energy (MNRE) will implement pilot projects for replacing fossil fuels in the transport sector with Green Hydrogen and its derivatives. Officials said that these pilot projects will be implemented through the Ministry of Road Transport and Highways and the Scheme Imple...
Government issues guidelines for using Green Hydrogen as fuel in trucks, buses
Advait Infratech is currently trading at upper limit of Rs. 1442.40, up by 131.10 points or 10.00% from its previous closing of Rs. 1311.30 on the BSE. The scrip opened at Rs. 1311.10 and has touched a high and low of Rs. 1442.40 and Rs. 1205.60 respectively. So far 53835 shares were traded on the counter. The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 1442.40 on 14-Feb-2024 and a 52 week low of Rs. 206.10 on 16-Mar-2023. Last one week high and...
Advait Infratech touches roof as its arm bags LoA for setting up manufacturing capacity of Electrolyser in India
With an aim to increase adoption of renewable energy and use of green hydrogen as envisaged in the National Green Hydrogen Mission, the Ministry of New and Renewable Energy is working on the modalities for promoting the use of green hydrogen in supporting round-the-clock electricity. The officials had detailed discussions on the various potential options for using Green Hydrogen as a storage medium for supporting round-the-clock power and peak power demand. They also discussed various mech...
Government working on policy mechanism to promote use of green hydrogen
REC is currently trading at Rs. 437.30, up by 12.10 points or 2.85% from its previous closing of Rs. 425.20 on the BSE. The scrip opened at Rs. 433.00 and has touched a high and low of Rs. 437.30 and Rs. 429.30 respectively. So far 368295 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 454.80 on 14-Dec-2023 and a 52 week low of Rs. 110.50 on 14-Feb-2023. Last one week high and low of the scrip stood at Rs. 447....
REC zooms after it designated as implementation agency for rooftop solar programme
Indian Renewable Energy Development Agency is currently trading at Rs. 123.35, up by 3.85 points or 3.22% from its previous closing of Rs. 119.50 on the BSE. The scrip opened at Rs. 118.25 and has touched a high and low of Rs. 125.55 and Rs. 113.95 respectively. So far 7548735 shares were traded on the counter. The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 127.50 on 16-Jan-2024 and a 52 week low of Rs. 49.99 on 29-Nov-2023. Last one week high ...
IREDA shines on signing MoU with Indian Overseas Bank for Co-Lending
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