Affordable Energy
Sales of affordable homes dip 4% in top 8 cities in Jan-Mar: PropEquity
Sales of affordable homes -- priced up to Rs 60 lakh each -- declined 4 per cent in eight major cities to 61,121 units during January-March this year on lower supply and higher demand for luxury apartments, according to PropEquity. The top eight cities are -- Delhi-NCR, Mumbai Metropolitan Region (MMR), Bengaluru, Hyderabad, Chennai, Kolkata, Pune and Ahmedabad. Real estate data analytic firm PropEquity data showed that sales of homes, costing up to Rs 60 lakh each stood at 6,3787 units in the January-March period of the last calendar year. A lower supply of affordable homes is one of the key factors for this marginal fall in sales. As per the PropEquity data, the fresh supply of homes, up to Rs 60 lakh each, declined to 33,420 units during January-March 2024 across these top eight cities from 53,818 units in the year-ago period. Builders are focusing more on launching luxury apartments to encash a surge in demand for premium residential properties. Profit margins are also high in
 "Sales of affordable homes dip 4% in top 8 cities in Jan-Mar: PropEquity")
Avaada Energy secures Rs 4,471 crore refinancing from lender Nabfid
The structure has been rated as 'AA (Stable)' by CareEdge Ratings, it said
 "Avaada Energy secures Rs 4,471 crore refinancing from lender Nabfid")
Unplanned green transition hurts smaller nations: Qatar, Guyana ministers
Says renewables won't produce petrochemicals, need focus on oil demand reduction
 "Unplanned green transition hurts smaller nations: Qatar, Guyana ministers")
Proposed carbon credit mandate to open green avenues for industry
Market expected to grow to $200 billion; industry awaits further clarity on rules
 "Proposed carbon credit mandate to open green avenues for industry")
UN action plan for clean, affordable energy by 2030 announced
The United Nations announced coalitions to support energy access and transition for Nigeria and Santiago, Chile.
 "UN action plan for clean, affordable energy by 2030 announced")
India's heavy reliance on fossil fuels will remain for some decades to come
Despite attempts to cast India as climate conscious, the country's heavy reliance on fossil fuels will remain for some decades to come
 "India's heavy reliance on fossil fuels will remain for some decades to come")
Covid-19 crisis an opportunity for transition to clean, cheap energy: Goyal
Commerce Minister Piyush Goyal has said the current crisis should be used as an opportunity to make the transition to clean energy smoother, faster, more resilient and affordable. Goyal, also the minister of railways, further said Indian Railways is committed towards 100 per cent electrification by December 2023and becoming a net zero emitter by 2030, an official statement said on Monday. He was speaking at the launch of a report on 'Sustainable Recovery Post COVID-19' by the International Energy Agency (IEA) and Niti Aayog on September 18. "This is the right time to move forward and prepare ourselves for a resilient and sustainable future, as rightly pointed out in the report... the current crisis should be used as an opportunity to make energy transitions smoother, faster, more resilient and affordable," the minister said. Speaking at the event, Niti Aayog CEO Amitabh Kant said post the 2008-09 financial crisis, green initiatives accounted for around 16 per cent of the total ...
 "Covid-19 crisis an opportunity for transition to clean, cheap energy: Goyal")
PM Modi pitches for reasonable, responsible pricing of affordable energy
Access to clean, affordable and sustainable supply of energy is key, he said, pitching for responsible pricing of oil and gas
 "PM Modi pitches for reasonable, responsible pricing of affordable energy")
