The government is looking to add up to 13 GW of hydro pumped storage projects (PSPs) annually, over four-fold from current levels of addition, to have 50 GW of such capacity by 2032, a senior official said on Monday. Ghanshyam Prasad, Chairperson of Central Electricity Authority (CEA), made the remarks at the 'Conference on Energy Storage - Driving the Clean Energy Transition' in the national capital. The hydro pumped storage has taken a big leap now, and from this year onwards, roughly 3 gigawatts (GW) of PSPs will get added on an average every year, he said addressing the event organised by the Ministry of New and Renewable Energy (MNRE). "...from (FY) 2028-29 you will find it going in the double digit as well, roughly 10 GW to 13 GW (capacity) getting added each year so that means that multiplied by five times will be the gigawatt hours that will start getting integrated into the systems," he said. By 2032, the target is somewhere around 50 GW capacity coming from the hydro pump
Prime Minister Narendra Modi on Monday said the policies that his government is working on are going to shape the future of the next 1,000 years. Addressing an event organised on the occasion of Civil Services Day here, Modi said the holistic development of India means no village, no family and no citizen is left behind. "The policies we are working on today and the decisions we are making are going to shape the future of the next 1,000 years," he said. Modi said India's aspirational society --? youths, farmers and women --? and its dreams are soaring to unprecedented heights. "To fulfil these extraordinary aspirations, extraordinary speed is essential," he said. The prime minister said quality in governance is determined by how deeply schemes reach the people and their real impact on the ground. In the past 10 years, he said, India has moved beyond incremental change to witness impactful transformation. "India is setting new benchmarks in governance, transparency and innovation
Modi had made a similar statement at a post-Budget conference organised by the Confederation of Indian Industry in New Delhi last month
The Bill will allow for mandatory verification for all property claims by the Waqf Boards and change the composition and functioning of the boards, incorporating representation for women
Markets are showing strong momentum, with Nifty firmly holding above the 23,300 mark, indicating that bulls are in strong control
Chandrababu Naidu's TDP had left the NDA in 2018 on denial of its special status demand for Andhra
A day after the BJP released its election manifesto with a slew of a promises, Prime Minister Narendra Modi said on Monday that what was witnessed in the last decade of NDA rule was merely a trailer, asserting more was yet to be done for Kerala and the nation's progress and solicited the support of the southern state for the BJP-led alliance in the Lok Sabha polls. Addressing an election meeting organised by the NDA at nearby Kunnamkulam, Modi also attacked Rahul Gandhi, who is presently in Kerala to campaign for the Lok Sabha polls, accusing the Congress leader of being unable to protect his family's seat in Uttar Pradesh and being silent on the Karuvannur bank scam. "What happened in the last 10 years was only a trailer; there is more to be done for Kerala and India," Modi said. He said it will be a year of progress in Kerala and referred to the various promises and development programmes mentioned in the BJP's manifesto -- called 'Modi ki Guarantee' -- that was released on ...
The estimate of Rs 76,220 crore is Rs 11,000 crore more than the previously approved amount by the cabinet. The project had been stuck in environmental regulations for the past two years
He further promised to fulfil all guarantees adding that the 'Modi's Development Guarantee' vehicle is going to reach every village in the country
Prime Minister Narendra Modi on Tuesday said wherever a "double-engine" government was not there, policies empowering the poor were either not implemented or were moving forward at a very slow pace.
RSS-aligned Bharatiya Mazdoor Sangh (BMS) expressed disappointment over government's budget proposals with regard to disinvestment and foreign direct investment especially in the insurance sector.
In his Independence Day speech from Red Fort, PM Modi says corona crisis not so big as to halt India's juggernaut, invokes 'Vocal for local' mantra of self-reliance, launches digital health mission
No society can indefinitely sustain a system where income earners consider tax evasion to be a way of life
When relative prices do not serve the national good, then there is a case for government intervention, especially when distorted relative prices are a driver of macroeconomic slowdown
Recent decisions indicate govt isn't reluctant about acknowledging that it is friendly to India Inc