India, IRENA inks pact to bolster its renewable energy partnership
POWER & RENEWABLE ENERGY

India, IRENA inks pact to bolster its renewable energy partnership

India’s Ministry of New and Renewable Energy (MNRE) has inked a strategic partnership agreement with International Renewable Energy Agency (IRENA), indicating its purpose to further boost its association with IRENA in the field of renewable energy.

The pact was inked during the 12th IRENA Assembly by the Ministry of New and Renewable Energy (MNRE) Secretary, Indu Shekhar Chaturvedi and IRENA Director-General Francesco La Camera.

India established 13 gigawatts (GW) of renewables in 2021 and has increased its capacity by more than 53 GW in the past five years, placing it as one of the fastest developing renewable energy adopters in the world. With enormous renewable energy potential, India has a goal to become a significant generator of green hydrogen to help the decarbonisation of its industrial economy. As per IRENA, hydrogen will account for about 12% of the total energy supply in a 1.5°C world by 2050.

Francesco La Camera IRENA Director-General told the media that India is a renewable energy powerhouse and a nation whose energy change actions speak louder than their words. As a fundamental global actor in the transition to renewables and a founding member of IRENA, India has played a significant role in international energy cooperation. The partnership denotes a new chapter in an already strong association as the country plans to advance its shift and capitalise on emerging new technologies.

Under the collaboration, IRENA will encourage knowledge sharing from India on increasing renewable energy and clean energy technologies and help India’s efforts to advance cost-effective decarbonisation via the development of domestic green hydrogen. The two will work closely to evaluate the potential role green hydrogen can play both, as an enabler of the shift in India and as a new source of national energy exports. India has started the process of building and rolling out a National Green Hydrogen Mission to enable cost-competitive green hydrogen production, distribution, storage, and application technologies.

Image Source

Also read: IREDA rolls out a new program to boost green mobility

Also read: BPCL and BARC unite to scale up tech for Green Hydrogen production

India’s Ministry of New and Renewable Energy (MNRE) has inked a strategic partnership agreement with International Renewable Energy Agency (IRENA), indicating its purpose to further boost its association with IRENA in the field of renewable energy. The pact was inked during the 12th IRENA Assembly by the Ministry of New and Renewable Energy (MNRE) Secretary, Indu Shekhar Chaturvedi and IRENA Director-General Francesco La Camera. India established 13 gigawatts (GW) of renewables in 2021 and has increased its capacity by more than 53 GW in the past five years, placing it as one of the fastest developing renewable energy adopters in the world. With enormous renewable energy potential, India has a goal to become a significant generator of green hydrogen to help the decarbonisation of its industrial economy. As per IRENA, hydrogen will account for about 12% of the total energy supply in a 1.5°C world by 2050. Francesco La Camera IRENA Director-General told the media that India is a renewable energy powerhouse and a nation whose energy change actions speak louder than their words. As a fundamental global actor in the transition to renewables and a founding member of IRENA, India has played a significant role in international energy cooperation. The partnership denotes a new chapter in an already strong association as the country plans to advance its shift and capitalise on emerging new technologies. Under the collaboration, IRENA will encourage knowledge sharing from India on increasing renewable energy and clean energy technologies and help India’s efforts to advance cost-effective decarbonisation via the development of domestic green hydrogen. The two will work closely to evaluate the potential role green hydrogen can play both, as an enabler of the shift in India and as a new source of national energy exports. India has started the process of building and rolling out a National Green Hydrogen Mission to enable cost-competitive green hydrogen production, distribution, storage, and application technologies. Image Source Also read: IREDA rolls out a new program to boost green mobility Also read: BPCL and BARC unite to scale up tech for Green Hydrogen production

Next Story
Real Estate

Dharavi Rising

Dharavi, Asia’s largest informal settlement, stands on the cusp of a historic transformation. With an ambitious urban renewal project finally taking shape, millions of residents are looking ahead with hope. But delivering a project of this scale brings immense challenges – from land acquisition to rehabilitate ineligible residents outside Dharavi and rehabilitation to infrastructure development. It also requires balancing commercial goals with deep-rooted social impact. At the helm is SVR Srinivas, IAS, CEO & Officer on Special Duty, Dharavi Redevelopment Project (DRP), Government..

Next Story
Real Estate

MLDL Records 20.4% Growth in Pre-Sales

Mahindra Lifespace Developers Limited (MLDL), the real estate and infrastructure development arm of the Mahindra Group, announced its financial results for the quarter ended March 31, 2025. In line with INDAS 115, the company recognises revenues using the completion of contract method. Key highlights FY25: Consolidated sales (Residential and IC&IC) of Rs 32.99 billion. Gross development value (GDV) additions in FY25 were Rs 1.81 trillion compared to Rs 440 billion in FY24 (~4x growth). Residential pre-sales of Rs 28.04 billion in FY25, reflecting 20.4% growth o..

Next Story
Infrastructure Transport

UCSL Delivers India's First Green Cargo Vessel to Norway

In a landmark achievement for Indian shipbuilding and the Atma Nirbhar Bharat initiative, Udupi Cochin Shipyard Limited (UCSL), a subsidiary of Cochin Shipyard Limited (CSL), has delivered the first of six next-generation green cargo vessels to Norway-based Wilson Ship Management AS, Europe’s largest short-sea shipping operator. The 3,800 DWT vessel, named Wilson Eco 1, was handed over during a ceremony at New Mangalore Port. The delivery is part of a Rs 5.06 billion project supported by Norway’s green maritime funding programme, marking India's entry into the European eco-friendly ca..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?