Powered by: Motilal Oswal

News

India`s renewable energy projects record 63 per cent jump in investment Project finance flowing into renewable energy projects recorded a 63 per cent jump in 2023 compared to 2022 levels, to scale the Rs 30,255 crore ($3.66 billion) mark, according to a report by the Centre for Financial Accountability.    The report, titled 'Coal vs RE Investment in 2024' states that while there was an increase in project finance lending to renewable energy projects, there was no project finance lending to new coal power projects for the third consecutive ye...
India`s renewable energy projects record 63 per cent jump in investment
India`s renewable energy projects record 63 per cent jump in investment
Source: IANS
2024-12-20 01:57:08 pm
India to become renewable energy capital of World: Pralhad Joshi Highlighting India’s remarkable growth in renewable energy, Union Minister for New and Renewable Energy, Pralhad Joshi has said that India is not only witnessing an energy revolution but also becoming the renewable energy capital of the world. The Minister further said that India is one of the world’s most promising nations in the clean energy space currently under the leadership of Prime Minister Narendra Modi. Joshi further noted that between April and November of the current...
India to become renewable energy capital of World: Pralhad Joshi
India to become renewable energy capital of World: Pralhad Joshi
Source: Accord Fintech
2024-12-18 02:32:55 pm
India added 15 GW of green energy capacity in April-Nov: Pralhad Joshi  India has added nearly 15 GW of renewable energy capacity during April-November in the current financial year, which is almost double the 7.54 GW added during the same period last year, Union New and Renewable Energy Minister Pralhad Joshi said on Tuesday.   Addressing the CII International Energy Conference and Exhibition (IECE) here, the Minister further stated that India’s total installed capacity in the non-fossil fuel energy sector has reached 214 GW, marking an incre...
India added 15 GW of green energy capacity in April-Nov: Pralhad Joshi
India added 15 GW of green energy capacity in April-Nov: Pralhad Joshi
Source: IANS
2024-12-17 05:22:54 pm
Government tweaks policy to boost domestic manufacturing of solar PV cells Ministry of New and Renewable Energy (MNRE) has announced a significant amendment to the Approved Models and Manufacturers of Solar Photovoltaic Modules (ALMM) Order, 2019, in a major step towards boosting domestic manufacturing and fostering self-reliance in India’s green energy industry.  This amendment introduces the long-awaited List-II for solar PV cells under the ALMM framework and is set to take effect from June 1, 2026. “Once the new rule kicks in, all solar PV mod...
Government tweaks policy to boost domestic manufacturing of solar PV cells
Government tweaks policy to boost domestic manufacturing of solar PV cells
Source: IANS
2024-12-11 09:04:36 am
Centre aims to develop Odisha as a major hub for renewable energy: Union Minister Pralhad Joshi Union Minister of New and Renewable Energy Pralhad Joshi on Friday said that the Centre is planning to develop Odisha as a major hub for renewable energy and explore the scope of green hydrogen production in the state.  The Union Minister spoke thus while addressing the valedictory session of the two-day Chintan Shivir organised by the Ministry of New and Renewable Energy (MNRE) here. “Odisha has immense renewable energy potential, with 140 GW of solar capacity and significan...
Centre aims to develop Odisha as a major hub for renewable energy: Union Minister Pralhad Joshi
Centre aims to develop Odisha as a major hub for renewable energy: Union Minister Pralhad Joshi
Source: IANS
2024-11-16 09:38:32 am
Centre to deliberate on plans to achieve 500 GW green energy target by 2030 The Union Ministry of New and Renewable Energy (MNRE) on Wednesday said it is organising a two-day 'Chintan Shivir' in Bhubaneswar on November 14-15 to focus on strategies to achieve the target of 500 GW by 2030, and progress toward the next goal of 1800 GW by 2047.  Union Minister of New and Renewable Energy, Pralhad Joshi, will inaugurate the event at ITC Bhubaneswar. State Chief Minister Mohan Charan Majhi, Union Minister of State for New and Renewable Energy Shripad Yesso ...
Centre to deliberate on plans to achieve 500 GW green energy target by 2030
Centre to deliberate on plans to achieve 500 GW green energy target by 2030
Source: IANS
2024-11-13 12:18:50 pm
Collective efforts key to innovate, implement solar energy amid rising climate change: Pralhad Joshi  Amid rising challenges posed by climate change, collective efforts are crucial to innovate and implement the sustainable solution of solar energy, said Pralhad Joshi, Union Minister of New and Renewable Energy.  Joshi said this at the third edition of the high-level conference on New Technologies for Clean Energy Transition on the sidelines of the Seventh Session of the International Solar Alliance (ISA) Assembly in New Delhi today. The Minister also released the World Solar ...
Collective efforts key to innovate, implement solar energy amid rising climate change: Pralhad Joshi
Collective efforts key to innovate, implement solar energy amid rising climate change: Pralhad Joshi
Source: IANS
2024-11-06 12:50:21 pm
Centre launches phase 2 of subsidised Bharat Atta, Rice to keep prices under control Pralhad Joshi, Union Minister of Consumer Affairs, Food and Public Distribution, on Tuesday launched phase 2 of the retail sale of subsidised Bharat Atta and Bharat Rice by flagging off mobile vans here.  The mobile vans belong to the National Co-operative Consumers' Federation of India (NCCF), the National Agricultural Cooperative Marketing Federation of India Ltd (NAFED) and Kendriya Bhandar. As part of the government’s policy to keep inflation under control, Bharat Att...
Centre launches phase 2 of subsidised Bharat Atta, Rice to keep prices under control
Centre launches phase 2 of subsidised Bharat Atta, Rice to keep prices under control
Source: IANS
2024-11-05 02:21:37 pm
India reaches 90 GW of installed solar capacity, moving towards 500 GW goal: Pralhad Joshi India has reached an impressive 90 GW of installed solar capacity and is moving steadily forward towards its broader goal of 500 GW of renewable energy capacity by 2030, Union Minister of New and Renewable Energy, Pralhad Joshi, said on Monday.  Addressing the 7th General Assembly of the International Solar Alliance (ISA) here, the minister said India is also setting its sights on new horizons, with a target to produce 5 million metric tonnes of green hydrogen by 2030, supported by 12...
India reaches 90 GW of installed solar capacity, moving towards 500 GW goal: Pralhad Joshi
India reaches 90 GW of installed solar capacity, moving towards 500 GW goal: Pralhad Joshi
Source: IANS
2024-11-05 09:12:16 am
India re-elected President of 120-nation International Solar Alliance India was re-elected as President of the 120-nation International Solar Alliance (ISA) from 2024 to 2026 on Monday, while France has been elected as Co-President, at the General Assembly held at the iconic Bharat Mandapam here.  Addressing a press conference at the 7th General Assembly of the ISA, Union Minister Pralhad Joshi said India's election to the President’s post is a testament to the impactful work the country, under the leadership of Prime Minister Narendra Modi, h...
India re-elected President of 120-nation International Solar Alliance
India re-elected President of 120-nation International Solar Alliance
Source: IANS
2024-11-04 03:42:04 pm
PM Suryaghar Yojana: Rooftop solar capacity surges over 50pc in just 6 months The Union government’s flagship programme, PM Surya Ghar: Muft Bijli Yojana has seen a significant surge of more than 50 per cent rooftop solar capacity in just six months since its launch in February, according to a report.  The PM Surya Ghar: Muft Bijli Yojana was approved on February 29 with an outlay of Rs 75,021 crore. The programme aims to increase the share of solar rooftop capacity. It will also empower residential households to generate their own electricity.  T...
PM Suryaghar Yojana: Rooftop solar capacity surges over 50pc in just 6 months
PM Suryaghar Yojana: Rooftop solar capacity surges over 50pc in just 6 months
Source: IANS
2024-10-31 01:42:51 pm
Happy over IREDA`s excellent second-quarter results: Pralhad Joshi The Indian Renewable Energy Development Agency (IREDA) has created a new revolution in the clean energy sector and Union Minister Pralhad Joshi on Saturday expressed happiness over the "excellent second-quarter results."   “I am happy over IREDA's excellent second-quarter results,” stated Union Minister for New and Renewable Energy and Food, Public Distribution, Joshi. Speaking to reporters in Hubballi, the minister said IREDA's revenue saw a 38 per c...
Happy over IREDA`s excellent second-quarter results: Pralhad Joshi
Happy over IREDA`s excellent second-quarter results: Pralhad Joshi
Source: IANS
2024-10-12 03:18:51 pm
India making significant strides in green shipping sector: Pralhad Joshi Emphasizing India’s significant progress in green shipping and energy transition, Union Minister of New and Renewable Energy, Pralhad Joshi has said ‘India stands as a global voice of reason in its commitment to the pursuit of a sustainable energy future that aligns with our growth ambitions and environmental responsibilities'. The Minister also highlighted India’s energy transition and noted that India has achieved significant milestones in its shift to renewable ene...
India making significant strides in green shipping sector: Pralhad Joshi
India making significant strides in green shipping sector: Pralhad Joshi
Source: Accord Fintech
2024-10-08 03:24:28 pm
Power generation via renewable energy up 86 pc in India since 2014: Pralhad Joshi  India saw an impressive 86 per cent increase in power generation via renewable energy since 2014, from 193.5 billion units (BU) to 360 BU, Union Minister of New and Renewable Energy, Pralhad Joshi, said on Monday.   Delivering the keynote address at the 'Hamburg Sustainability Conference' in Germany, the minister said India stands as a global voice of reason in its commitment to the pursuit of a sustainable energy future that aligns with our growth ambitions and environm...
Power generation via renewable energy up 86 pc in India since 2014: Pralhad Joshi
Power generation via renewable energy up 86 pc in India since 2014: Pralhad Joshi
Source: IANS
2024-10-08 09:09:19 am
Pralhad Joshi to visit Germany to bolster India`s role in renewable energy sector  To boost India’s position in the field of sustainable development and renewable energy, Union Minister of New and Renewable Energy, Pralhad Joshi, will embark on a three-day tour to Germany from October 6, the government said on Saturday.  The minister is set to attend the ‘Hamburg Sustainability Conference’ from October 7-8, and will hold a series of bilateral meetings to boost cooperation in sustainable development, Green Hydrogen, low-cost finance and renewa...
Pralhad Joshi to visit Germany to bolster India`s role in renewable energy sector
Pralhad Joshi to visit Germany to bolster India`s role in renewable energy sector
Source: IANS
2024-10-05 06:23:56 pm
Sugar stocks sweeten as government considering increasing ethanol price, sugar MSP Sugar stocks are buzzing in the markets after the Food Minister Pralhad Joshi said the government is considering increasing the ethanol price for 2024-25 season as well as minimum selling price (MSP) of sugar, which remains unchanged at Rs 31 per kg, a rate established in February 2019. The proposal on hiking the ethanol price is under consideration of the government. Ethanol prices, fixed by the government, have not been hiked since the 2022-23 ethanol supply year (November-October). Shre...
Sugar stocks sweeten as government considering increasing ethanol price, sugar MSP
Sugar stocks sweeten as government considering increasing ethanol price, sugar MSP
Source: Accord Fintech
2024-09-27 12:47:48 pm
Role of food regulators more crucial to protect consumers` health: JP Nadda As the world is faced with challenges like foodborne illnesses, nutraceutical safety, novel foods and micro-plastics, the role of food regulators has never been more crucial and it demands continuous collaboration, relentless innovation and a commitment to constant improvement in the food safety systems, the government said on Friday.  Inaugurating the second edition of the ‘Global Food Regulators Summit 2024', Union Minister of Health and Family Welfare JP Nadda said the wo...
Role of food regulators more crucial to protect consumers` health: JP Nadda
Role of food regulators more crucial to protect consumers` health: JP Nadda
Source: IANS
2024-09-20 01:56:06 pm
RE-Invest 2024: MoUs worth Rs 59,000 signed for 94,460 MW hydro projects The"RE-Invest 2024" summit, organised by the Ministry of New and Renewable Energy, concluded here on Wednesday. The event, in which over 200 companies participated, witnessed the signing of MoUs worth Rs 59,000 crore for 94,460 MW pumped hydropower projects.  The summit focused on the crucial role of renewable energy in combating global warming and climate change. The event included more than 500 business-to-business (B2B) and business-to-government (B2G) meetings. Vice P...
RE-Invest 2024: MoUs worth Rs 59,000 signed for 94,460 MW hydro projects
RE-Invest 2024: MoUs worth Rs 59,000 signed for 94,460 MW hydro projects
Source: IANS
2024-09-18 05:59:47 pm
4th Global RE-INVEST draws investment pledges worth Rs 32.45 lakh crore: Union Minister Pralhad Joshi  The global Renewable Energy Investors' Meet and Expo (RE-INVEST) drew investment commitments worth Rs 32.45 lakh crore by 2030, Union Minister for New and Renewable Energy, Pralhad Joshi, said on Tuesday.   Addressing a press conference here, the minister informed that developers have committed an additional 570 GW, and manufacturers have committed additional manufacturing capacities of 340 GW in solar modules, 240 GW in solar cells, 22 GW in wind turbines and 10 GW in elect...
4th Global RE-INVEST draws investment pledges worth Rs 32.45 lakh crore: Union Minister Pralhad Joshi
4th Global RE-INVEST draws investment pledges worth Rs 32.45 lakh crore: Union Minister Pralhad Joshi
Source: IANS
2024-09-18 09:19:23 am
India`s renewable energy journey to serve as model for other emerging economies  As the world's largest democracy and a rapidly developing nation, India's renewable energy journey will serve as a model for other emerging economies navigating the path to sustainability, Pralhad Joshi, Union Minister of New and Renewable Energy, has said.  The country aims to achieve net-zero carbon emissions by 2070, focusing on renewable energy expansion, and plans to reach 500 GW of non-fossil fuel energy capacity by 2030. According to the minister, the country&r...
India`s renewable energy journey to serve as model for other emerging economies
India`s renewable energy journey to serve as model for other emerging economies
Source: IANS
2024-09-15 01:43:39 pm
Procurement of 19,760 MT of urad, 1.03 lakh MT of soybeans from Karnataka ordered:Pralhad Joshi The Union government has granted permission to procure two more crops at support prices in Karnataka and instructions have been issued for the procurement of 19,760 MT of urad and 1.03 lakh MT of soybeans from farmers.   “It’s the central government’s gift to Karnataka farmers for the Ganesh festival,” announced Union Minister for Consumer Affairs, Food and Public Distribution, Pralhad Joshi on Friday. Speaking to the media in New Delhi, he stated, Prime Min...
Procurement of 19,760 MT of urad, 1.03 lakh MT of soybeans from Karnataka ordered:Pralhad Joshi
Procurement of 19,760 MT of urad, 1.03 lakh MT of soybeans from Karnataka ordered:Pralhad Joshi
Source: IANS
2024-08-30 11:43:27 am
Centre to launch new EV testing facility in Bengaluru on Thursday In a strategic move to expand electric vehicle (EV) battery and charger testing in South India, the Union government on Wednesday said it will launch a new testing facility in Bengaluru, Karnataka.  Pralhad Venkatesh Joshi, Union Minister of New and Renewable Energy, will lay the foundation stone for the EV testing facility of the national test house (NTH) at the facility at the RRSL Jakkuru campus in Bengaluru on Thursday. The NTH, under the Department of Consumer Affairs, is a pr...
Centre to launch new EV testing facility in Bengaluru on Thursday
Centre to launch new EV testing facility in Bengaluru on Thursday
Source: IANS
2024-08-21 05:25:24 pm
India inks pact to export green ammonia to Japan 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
India inks pact to export green ammonia to Japan
Source: IANS
2024-08-21 12:04:33 pm
Centre launches pilot to transform 60 fair price shops as Jan Poshan Kendras The Union government on Tuesday launched a pilot to transform 60 fair price shops in the country as Jan Poshan Kendra.  The pilot to be run in Gujarat, Rajasthan, Telangana, and Uttar Pradesh will provide a solution to the demand of Fair Price Shop (FPS) dealers across India to raise their income level. Launching the pilot, Union Minister of Food and Public Distribution Pralhad Venkatesh Joshi said that the Jan Poshan Kendra will offer a diverse range of nutrition-rich food items t...
Centre launches pilot to transform 60 fair price shops as Jan Poshan Kendras
Centre launches pilot to transform 60 fair price shops as Jan Poshan Kendras
Source: IANS
2024-08-20 05:54:01 pm
India to host 30-nation ISO Council meeting on sugar, biofuels from June 25-27 Delegates from more than 30 countries and representatives from many international organisations have arrived here to attend the ISO Council Meeting from June 25-27 being hosted by India to deliberate on the critical issues of sugar and the biofuel sector, the Ministry of Consumer Affairs, Food, and Public Distribution said on Monday.  As India is the world’s largest consumer and second-largest producer of sugar, the ISO Council nominated India as the Chair of the organisation fo...
India to host 30-nation ISO Council meeting on sugar, biofuels from June 25-27
India to host 30-nation ISO Council meeting on sugar, biofuels from June 25-27
Source: IANS
2024-06-24 05:06:09 pm
Committed to advancing renewable energy initiatives to meet rising demands: Minister Pralhad Joshi The government is committed to advancing renewable energy initiatives to meet the country’s rising energy demands and environmental goals, Pralhad Joshi, Union Minister for New and Renewable Energy and Consumer Affairs, Food and Public Distribution, said on Tuesday.  Speaking to the media after taking charge, Joshi emphasised the critical importance of the renewable energy sector for ensuring India’s energy security and outlined the vast potential for growth in this field....
Committed to advancing renewable energy initiatives to meet rising demands: Minister Pralhad Joshi
Committed to advancing renewable energy initiatives to meet rising demands: Minister Pralhad Joshi
Source: IANS
2024-06-12 08:32:55 am
Five startups get Rs 6 crore grant for innovations in mining sector Union Minister for Mines Pralhad Joshi has handed over letters of financial grants totalling Rs 6 crore to five startups for funding innovations in the mining and mineral sector, according to an official statement issued on Friday. The five startups and MSMEs selected for the grants are Ashvini Rare Earth Pvt Ltd, Saru Smelting Pvt Ltd, LN Indtech Services Pvt Ltd, Cellark Powertech Pvt Ltd, and Caliche Pvt Ltd. Pune-based Ashvini Rare Earth Pvt Ltd has been granted Rs 1.5 crore for the...
Five startups get Rs 6 crore grant for innovations in mining sector
Five startups get Rs 6 crore grant for innovations in mining sector
Source: IANS
2024-03-01 02:16:38 pm
Government launches new railway plan to cut cost of moving coal from mines by Rs 21,000 cr a year Union Minister of Coal Pralhad Joshi on Thursday launched a groundbreaking 'Coal Logistics Plan and Policy' aimed at a strategic shift towards a railway-based system to evacuate coal from the pitheads of mines, which will cut transport costs by 14 per cent, enabling a savings of Rs 21,000 crore a year. The Coal Logistics Plan proposes a strategic shift towards a railway-based system that will lead to first-mile connectivity projects at the mines. Currently, evacuation of coal from ...
Government launches new railway plan to cut cost of moving coal from mines by Rs 21,000 cr a year
Government launches new railway plan to cut cost of moving coal from mines by Rs 21,000 cr a year
Source: IANS
2024-03-01 10:28:16 am
It`s transformative Viksit Bharat Budget: Pralhad Joshi Union Minister for Mine, Coal and Parliamentary Affairs Pralhad Joshi, praising the union budget on Thursday said that it is a transformative Viksit Bharat Budget. “Gratitude to PM Narendra Modi for visionary leadership and Finance Minister Nirmala Sitharaman for presenting the transformative Viksit Bharat Budget. It is dedicated to realising the aspirations of the people and envisioning the emergence of a new and progressive India,” Joshi said. He said that two crore houses...
It`s transformative Viksit Bharat Budget: Pralhad Joshi
It`s transformative Viksit Bharat Budget: Pralhad Joshi
Source: IANS
2024-02-01 05:28:31 pm
India launches first part of critical minerals auction worth $5.4 billion India on Wednesday launched the first part of its critical minerals auction worth an estimated 450 billion rupees ($5.40 billion), the country's mines minister said. Mines minister Pralhad Joshi said the auctions would be held in eight states, including Bihar, Chhattisgarh, Odisha, Tamil Nadu, Jammu & Kashmir and would include minerals such as lithium, potash, vanadium, graphite, and rare earth elements. "I also take this opportunity to invite prospective bidders from acros...
India launches first part of critical minerals auction worth $5.4 billion
India launches first part of critical minerals auction worth $5.4 billion
Source: Reuters
2023-11-30 10:04:37 am