Green Energy

CII urges govt to set up finance institution, fund to promote green economy

Industry body CII has urged the government to set up a dedicated finance institution and tech expo fund to support initiatives related to promoting the green economy, as there are significant gaps in long-term and low-cost capital availability in the country. As India moves closer to its goal of becoming a USD 5 trillion economy, advancing a green economy is no longer a choice but a strategic necessity, it said. In its pre-Budget suggestions, the chamber has suggested establishing a dedicated Green Finance Institution (GFI) to mobilise large-scale, low-cost capital for India's green transition across renewable energy, clean mobility, green buildings, and industrial decarbonisation. "The institution could be domiciled in the GIFT City (in Gujarat) to leverage regulatory flexibility and attract foreign capital. It could offer concessional loans, equity support, credit guarantees, and securitization of small-scale green assets to reduce project financing costs," it said in a ...

India may attract ₹360 trillion in green investments by 2047: CEEW

A new CEEW analysis says India could draw ₹360 trillion in cumulative green investments by 2047, unlocking a potential $1.1 trillion annual market across clean energy and circular value chains

RJ Corp forays into green energy via ₹1,743 crore Andhra Pradesh unit

Ravi Jaipuria-led RJ Corp will invest Rs 1,743 crore in a 2 GW solar cell and module facility in Naidupeta, boosting Andhra Pradesh's fast-growing clean-tech ecosystem

Andhra eyeing investments worth ₹40 trn by 2029: N Chandrababu Naidu

Naidu outlines a tech-driven roadmap for the state - from AI data centers and quantum computing to green hydrogen and MSME-led industrial growth

Green H2 output target may be delayed by 2 years, says MNRE secretary

The policy uncertainties in Europe and the IMO's decision to defer its net-zero framework by a year were the prime factors for the target revision, said Santosh Sarangi

India may miss 5 MMT green hydrogen output for 2030 target: MNRE Secy

India is likely to miss the target of achieving 5 million metric tonnes (MMT) of annual green hydrogen production capacity by 2030 due to global uncertainties, a senior government official said on Tuesday. Under the National Green Hydrogen Mission launched in 2023, the government has set a target of 5 MMT of annual production capacity of green hydrogen by 2030. "We may slip on the target (of annual production capacity of green hydrogen of 5 MMT by 2030)," Santosh Kumar Sarangi, Secretary, Ministry of New and Renewable Energy, said at the 3rd International Green Hydrogen Conference here. The country is expected to achieve 5 MMT annual green hydrogen production capacity by 2032, he said, flagging global uncertainties. He further said that India may achieve 3 MMT of annual green hydrogen production capacity by 2030. About the yearly requirement of adding 50 GW of renewable energy capacity to achieve the 500 GW target by 2030, Sarangi said India will focus on the 40 GW of capacity alr

NTPC Green Energy to raise ₹1,500 crore via NCD issue on November 11

NTPC Green Energy on Friday said it will raise Rs 1,500 crore through issuance of unsecured non-convertible debentures on November 11, 2025 on private placement basis. Proceeds shall be utilised for, inter alia, financing capital expenditure, including refinancing and recoupment of capital expenditure already incurred by the company, as well as for extending such financing for capital expenditure to its subsidiaries and joint ventures through inter-corporate loans, and for other general corporate purposes, the company said in a regulatory filing. According to the filing, NTPC Green Energy Ltd has decided to issue unsecured non-convertible debentures of Rs 1,500 crore on November 11, 2025, through private placement at a coupon of 7.01 per cent per annum for a tenor of 10 years 1 day, maturing on November 12, 2035, under the board resolution dated April 29, 2025. This is the first issue of debentures under the mentioned approval. The debentures are proposed to be listed on NSE.

Singapore businesses keen to tap India's green energy, other sectors

Singapore businesses have said they are keen to join India's development journey, especially in fast-expanding sectors like green energy, and semiconductor, amid threat of disruptions in global supply chain. New challenges in markets are making it necessary to stay ahead of the curve and compete with a mindset to be global players, said Singapore-based executives at the Singapore International Energy Week (SIEW) held during October 27-31 in the Lion City. One such business group looking at potential participation in India's development is SP Group, one of Asia Pacific's leading utilities groups, which has built and is operating the world's largest underground district cooling network. The group is expanding its portfolio of solar, battery energy storage, and EV charging solutions across the region. "There is increased momentum in India's electrification and clean energy transition," said Dean Cher, Managing Director of SP Mobility at SP Group. "We're open to sharing our experience .

Why the US economy might benefit from abandoning clean energy goals

By selling more fossil fuels and avoiding the expense of meeting green regulations, the US would see its GDP grow by about 1% more than it would have had it continued the clean energy transition

Chhattisgarh Assembly's new building to be fully power with green energy

Chhattisgarh Assembly Speaker Dr Raman Singh said the new Vidhan Sabha building followed the green building concept and would be fully powered by solar energy

India's green shift to create jobs but skills gap a concern: Ratul Puri

India's journey towards net-zero emissions holds the potential of generating millions of job opportunities, but a significant gap in skilled workers may impact progress, according to Hindustan Power chairman Ratul Puri. As the country looks to achieve Net-Zero by 2070, solar power could create 3.26 million jobs by 2050, wind energy could generate 0.18 million jobs by 2030, and bioenergy, alongside green hydrogen, may add 0.27 million and 0.6 million jobs respectively by 2030, Puri said. Electric vehicle industry could provide 10 million direct jobs and 50 million indirect jobs by 2030. This sector is well-positioned to welcome new workers, upskill existing talent, and integrate the current 35 million ICE workforce, Puri noted. Despite encouraging projections, Puri highlighted the importance of preparing for upcoming workforce demands. Studies show that a smaller pool of green talent and fewer established pathways for developing relevant skills present ongoing challenges during this

DMRC invites bids to procure 500 MU renewable energy for low-carbon ops

In a move aimed at increasing its reliance on clean energy, the Delhi Metro Rail Corporation (DMRC) has invited bids for the supply of 500 million units of renewable energy annually to power its operations, officials said on Sunday. According to a statement, the DMRC is seeking to select a 'solar power developer' to set up a grid-connected captive generating plant along with a battery energy storage system (BESS) anywhere in India. The energy produced will be supplied to the DMRC under a 25-year power purchase agreement, with the project expected to be completed within 15 months of award, it said. At present, Delhi Metro meets about 33 per cent of its power demand from renewable sources. It procures around 350 MU annually from the Rewa Solar Park in Madhya Pradesh and generates 40 MU from rooftop solar installations across its stations, depots, and residential complexes, the statement said. During daytime operations, the share of renewable energy reaches nearly 65 per cent, it ...

Trump's rebranding of climate change is aimed more at global regime change

Trump's UN address targets global discontent, framing climate action as elite-driven, turning science into a political wedge for ideological gain

Over 17,000 rooftop solar plants installed in Delhi under govt's green push

The adoption of rooftop solar plants in the national capital is picking up gradually under the PM Surya Ghar Muft Bijli Yojna, with over 17,000 plants installed so far in a joint green push by the Delhi government and power discoms, officials said on Friday. Delhi Chief Minister Rekha Gupta, in an open letter to residents of the city, had appealed for the adoption of solar power. Under this scheme, the Delhi government is providing a capital subsidy of Rs 30,000 for solar plants up to 3 KW capacity. The banks offer loans for solar panel installation at the rates of 6.50-7 per cent, she said in the letter. If someone installs a solar rooftop plant up to 3 KW, they will receive a total subsidy of Rs 1.08 lakh, Rs 78,000 from the Centre and Rs 30,000 from the Delhi government. Furthermore, if a consumer's monthly electricity consumption is 500 units, they will enjoy a zero electricity bill after installing the 3 KW rooftop solar plant. Additionally, they will receive a monthly ...

ENGIE secures 100 MW solar project in Barmer from SECI in Rajasthan

Global energy company ENGIE on Friday said it has secured a 100 MW solar project in Barmer, Rajasthan, from the Solar Energy Corporation of India. Located in one of India's highest solar irradiance zones, the Barmer project is expected to be commissioned in 2027 and is a strategic addition to ENGIE's growing portfolio in Rajasthan, which now approaches 1 GW, a company statement said. According to the statement, ENGIE, a global leader in low-carbon energy and services, proudly announces the signing of a power purchase agreement (PPA) with the Solar Energy Corporation of India (SECI) for a 100 MW Solar Photovoltaic (PV) project in Barmer, Rajasthan. Amit Jain, CEO and Country Manager, India MD Renewables & Batteries India & South-East Asia, said in the statement, Our agreement with SECI marks a pivotal chapter in ENGIE's growing partnership in India and reflects our shared ambition to accelerate the country's clean energy transition. The Barmer project is focused on delivering ..

Saatvik Green Energy bags solar modules supply orders worth over ₹700 cr

Saatvik Green Energy on Wednesday said it has secured supply orders for solar PV Modules worth over Rs 700 crore. All orders are set to be delivered in this financial year, a company statement said, adding that these repeat orders were from leading engineering, procurement, and construction companies and from independent power producers. The parent firm, Saatvik Green Energy Ltd, received orders worth Rs 488 crore, while its material subsidiary, Saatvik Solar Industries, received contracts worth Rs 219.62 crore. "At Saatvik, we want to help India have a clean energy future by providing reliable, high-quality solar solutions. These orders strengthen our developing partnerships with premier EPCs and IPPs who believe in our technology, size, and dependability," Prashant Mathur, CEO of Saatvik Green Energy said. Saatvik Green Energy Ltd is a top Indian maker of high-efficiency solar PV modules and the main company in the Saatvik Group. The company works with a wide range of utility-sc

IPO-bound Tata Capital focuses on green financing, tech for growth

Tata Capital Ltd, set to launch its IPO next week, has identified green financing and digital innovation as its core growth pillars, backed by the merger of its IFC-backed subsidiary Tata Cleantech Capital in 2024. By FY25, the cleantech and infrastructure finance book reached Rs 18,000 crore, growing at a 31.8 per cent CAGR over the last two years, the NBFC said on Friday. "Over the last decade, the cleantech portfolio has financed over 500 renewable projects and sanctioned more than 22,400 MW of capacity across solar, wind, biomass, small hydro, among others," MD and CEO Rajiv Sabharwal said. "The cleantech segment combines rapid growth with high-quality, secured assets, underpinned by technology-driven monitoring and disciplined underwriting. The portfolio is among the cleanest in the NBFC space, positioning the company as a key mobilizer of global climate capital," he said. The Tata Group NBFC said it is building for the long term with a vision anchored on trust, ...

Saatvik Green Energy IPO listing: Stock makes flat debut; quick overview

Saatvik Green Energy shares listed at ₹465 per share, the IPO issue price, on the National Stock Exchange

India may attract $100 bn investments in green hydrogen by 2030: Joshi

India targets 5 MTPA green hydrogen by 2030, eyeing $100 bn investment and 600,000 jobs, as renewables surge and the nation aims to be a global hydrogen hub

KPI Green Energy secures ₹3,200 cr sanction from SBI for Gujarat projects

The sanction will part-finance the firm's 250 MW solar project and 370 MW hybrid project, strengthening its IPP portfolio with a combined capacity of over 1 GWp