ONGC has tied up with the Rajasthan govt for setting up 5 GW of solar and wind capacity and is scouting for partners for the remaining 5 GW which includes offshore wind capacity
The U.S. is leading the green spending charge with its Inflation Reduction Act, says Credit Suisse in a report.
When it comes to using renewable energy, Rajasthan and Gujarat are at the forefront, followed by Tamil Nadu, Karnataka, and Maharashtra.
PM says India's push for green growth, energy transition has 3 main pillars -- increasing renewable energy production, reducing fossil fuels usage, and taking the country towards a gas-based economy.
The finance minister pointed out that the government has not kept anything secret in the budget.
FM bets ₹35,000 crore towards India's global net-zero commitment.
The Budget provides ₹35,000 crore for priority capital investments towards energy transition and net zero objectives.
The budget provided ₹35,000 crore for priority capital investments towards energy transition and net zero objectives, and energy security by the Ministry of Petroleum & Natural Gas.
The efficiency of green subsidies needs to be enhanced by prioritising greener alternatives, such as biofertilizers and nano-fertilizers.
The investment is part of RIL’s strategy to accelerate product development and commercialisation of Caelux’s solar technology.
