India Unveils Second VGF Tranche for 30 GWh BESS Development
The disbursement of VGF will be milestone-based: 20% upon financial closure, 50% upon commissioning, and the remaining 30% after one year of operation
India Inks Rs 90,000 Crore Undersea Cable Deals with Saudi Arabia, UAE
The cost of the 1,700 km undersea cable to Saudi Arabia is Rs 47,000 crore, while the 1,400 km cable to the UAE is Rs 43,500 crore
India Recognizes Waste Pickers as Part of Circular Economy
This strategic move reaffirms the government’s commitment to environmental justice and worker dignity, celebrating the significant contribution of waste pickers in combating plastic pollution
India to Create 7.29 Million Green Jobs in Two Years
The green jobs boom is underpinned by the rapid expansion of India’s green economy, which is pegged to reach $1 trillion by 2030 and $15 trillion by 2070
India Showcases DPI as Global Benchmark at BRICS, Calls for Inclusive Digital Future
India reiterated its commitment to inclusive and sustainable digital transformation at the 11th BRICS Communications Ministers’ Meeting in Brasília, Brazil
India Propels EV Manufacturing Push
India has approved a scheme to boost domestic EV passenger car manufacturing, in line with its national goal of achieving net-zero emissions by 2070
India Releases Climate Finance Taxonomy Draft
The climate finance taxonomy categorizes activities into climate-supportive for specific objectives and transition-supportive for projects enhancing energy efficiency in non-absolute emission avoidance sectors
India set to Account for 15% of CCUS Capacity in Asia
Will need US$4.3 bn in government support for CCUS adoption – India set to account for 15% of CCUS capacity in Asia
India Signs Up for the BRICS Land Restoration Partnership
India Signs Up for the BRICS Land Restoration Partnership
India to Amend Nuclear Liability Legislation
India has plans to amend its nuclear liability legislation to limit accident-related penalties for equipment suppliers, to revive foreign investment in the nuclear sector
India Says Aye to Carbon Tax on the Shipping Industry
The proposed global carbon tax require ships to switch to lower-emission fuels or pay pollution fees starting 2028, potentially generating $40 billion by 2030
India Triples Battery Storage Target to 13,200 MWh Under VGF
India has increased its battery storage target to 13,200 MWh under the VGF scheme, making projects more financially viable
