Tag Archives: renewable energy

Adani Group has emerged victorious in a significant bid to supply 6,600 MW of electricity to Maharashtra State Electricity Distribution Company Limited (MSEDCL), marking a major achievement for the company. The contract, awarded at a rate of ₹4.08 per unit, is nearly ₹1 lower than the current procurement cost of electricity in the state.

In a significant move towards harnessing renewable energy sources, the Union Cabinet has given the green light to a ₹7,453 crore-Viability Gap Funding (VGF) scheme for offshore wind energy projects. This initiative, aimed at promoting sustainable energy practices, includes the installation and commissioning of 1 GW of offshore wind energy projects and the upgradation of two ports to meet logistics requirements.

Pune, Maharashtra – May 5, 2024 – The Maharashtra Solar Manufacturers Association (MASMA) is thrilled to announce the eagerly awaited 6th edition of the MASMA Expo, slated to illuminate Pune from May 31st to June 2nd, 2024. As Maharashtra's largest solar expo, this event continues to be the beacon of innovation and collaboration in the region's renewable energy landscape.

In a significant shift, India is gearing up to invite private investments totaling approximately $26 billion into its nuclear energy sector, aiming to bolster its non-carbon emitting energy sources. According to two government sources cited by Reuters, this move marks the first instance of New Delhi actively pursuing private funding for nuclear power, which currently contributes less than 2% to India's total electricity generation.

India takes a monumental step towards sustainable transportation with the inauguration of its first green hydrogen fuel cell bus in Delhi. The initiative, led by Indian Oil, aims to conduct trials of 15 fuel cell buses powered by green hydrogen, representing a significant leap towards low-carbon mobility solutions.

In a recent landmark decision to boost the startup ecosystem in India, Prashantnian, a platform owned by entrepreneur Prashant Pandey, has distributed a staggering 33 Crores to startups via the Startup India grant and funding initiative. The move marks a significant stride in promoting innovation and entrepreneurship across the nation.