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India plans to achieve 50% non-fossil installed capacity by 2030: PM Modi | Mint Primer | Mint

India aims to achieve 50% non-fossil fuel installed capacity by 2030, according to Prime Minister Narendra Modi's address to G20 Energy Ministers. India has already surpassed its non-fossil installed electric capacity target, achieving milestones like connecting households with LPG and providing electricity to every village. The nation launched extensive LED distribution and agricultural pump solarization programs. It aspires to become a global hub for green hydrogen production and emphasized sustainable energy transition. Modi also highlighted the importance of low-cost finance for developing countries and proposed transnational grid interconnections for energy security. He introduced Mission Life to make individuals climate champions for a greener future.

17 Aug 2023
Videos

Reliance To Invest ₹1.5 Lakh Cr In Clean Energy; Adani & Tata Accelerate Plans | Watch

The green energy sector in India is abuzz with developments. Big players like Ambani, Adani, and Tata are sprinting to take the lead. The amount of investments committed to the sector is blowing up. Consider Mukesh Ambani-led reliance industries, it is doubling down on the sector, quite literally. Recently, RIL announced its plans to double its investments in the sector. With this new push, its total investments in the clean energy segment will cross the rupees 1.5 trillion or 1.5 lakh crore mark. What are other players in the sector like Adani & Tata doing? Watch the full video to find out.

8 Aug 2023
Videos

Indian Airlines in a tough spot over sustainability goals | Mint Explains | Mint

It seems like Indian airlines are caught in a tough spot due to the government's ambitious sustainability goals. Here's the scoop: there's talk of a mandate for airlines to blend 1% sustainable aviation fuel starting in 2025. They have been invited to participate in a green fuel joint venture. But hey, it looks like these plans might be a tad too ambitious, according to insiders.

31 Jul 2023
Videos

‘Looking Forward…’; U.S., Modi Govt. Working Together To Speed India’s Energy Transition | Details

The world and India want to move away from fossil fuels as soon as possible. This requires massive private investment and ways to lower the cost of capital. As you know, currently, India is one of the biggest emitters in absolute terms. But its per capita emission is low. And that’s why U.S. and India have decided to collaborate closely on these issues. Speaking on the sidelines of the G20 meeting U.S. Treasury Secretary and India's finance minister Nirmala Sitharaman shared the plan under which U.S. and India will collaborate to speed up India's green energy transition.

17 Jul 2023
Videos

What Is Green Hydrogen? | Why Is India Spending ₹17,000 Crs On Sops To Produce It?

Modi Govt. is big on schemes that incentivise the industry to manufacture things India needs. In line with India’s zero plans by 2070, the Modi government is now planning a 17,000 crore incentive scheme to encourage electrolyzers and green hydrogen production. In January this year, the Modi cabinet approved the national green hydrogen mission with an ambitious goal - to make India a global hub for the production, utilisation and export of Green hydrogen.

29 Jun 2023
Videos

Modi’s green dream at risk

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29 Mar 2023
Videos

Modi’s green dream at risk as Indian renewables hit by headwinds | Mint Primer | Mint

In this YouTube video, we'll discuss barriers that are preventing the government fom meeting its goal of tripling clean electricity capacity. Prime Minister Narendra Modi's 'Green Dream' aims to transform India into a global leader in renewable energy production, reduce its carbon footprint, and improve air quality. However, recent challenges have threatened to derail this ambitious plan, leaving Modi's green dream at risk.

29 Mar 2023
Videos

Cabinet Approves ₹19,744 Crore Green Hydrogen Mission | Mint Primer | Mint

The Union cabinet on Wednesday approved the national green hydrogen mission, allocating ₹19,744 crores to produce 5 million tonnes of green hydrogen annually by 2030. Of the total allocation, the government would provide incentives worth ₹17,490 crore for producing electrolyzers and green hydrogen for five years, ₹1,466 crore for pilot projects, ₹400 crore for research and development, and ₹388 crores for other mission components, government statement said, adding that the ministry of new and renewable energy (MNRE) will formulate the guidelines for implementation of the respective components of the scheme. #greenhydrogen #greenhydrogenmission #government #investment #finance #mint Subscribe Now For Latest Updates- https://tinyurl.com/lbw8nze

12 Jan 2023
News

Air Products signs agreement to build hydrogen, nitrogen unit for IOCL

Once completed, the new Barauni project will become Air Products' second BOO project in India after the Kochi industrial gas complex at BPCL's Kochi refinery in Kerala.

1 min read8 Jun 2022
Industry

PSUs scout for partners to build green hydrogen plants

IOCL and HPCL, among others, plan to set up green hydrogen projects in the next three years

2 min read27 Dec 2021
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Budget

The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared

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