BJP and Congress prioritise renewables in 2024 election platforms

17 Apr 2024 CW Team

Prior to the commencement of the seven-phase elections for the Lok Sabha, India?s lower house of Parliament, starting on April 17, 2024, the two major political parties involved have declared their commitment to implementing numerous energy transition initiatives.

In their manifestos, both the ruling Bharatiya Janata Party (BJP) and the Opposition Indian National Congress have articulated their vision for embracing renewable energy to achieve energy independence.

The BJP, which has been in power in India since 2014 and is seeking a third consecutive term, has outlined specific programs it intends to pursue in the realm of renewable energy.

The BJP has pledged to achieve ?energy independence? by 2047 and reduce reliance on petroleum imports by employing a combination of electric mobility, establishment of charging stations, generation of renewable energy, and enhancement of energy efficiency.

By implementing the PM Surya Ghar Muft Bijli Yojana, the party has stated its intention to enable households across the nation to utilize solar energy for operating devices such as electric stoves, fans, air conditioners, televisions, and electric vehicle charging.

In February, the Union Cabinet sanctioned the initiative aimed at installing rooftop solar systems in 10 million households, with a total budget allocation of Rs 750.21 billion until the fiscal year 2025-26.

The BJP has stated, ?We will leverage Bharat?s renewable energy potential, aiming for 500 GW of renewable energy through the establishment of large-scale solar parks, wind parks, and the Green Energy Corridor project, among others.?

In addition to these commitments, the BJP aims to encourage private sector investment in infrastructure for large-scale battery energy storage systems to facilitate integration of renewable energy, ensure grid stability, and enhance resilience.

Real Estate

02 Jun 2026

Dash Square Adds Ashley Study Furniture

Dash Square has expanded its furniture portfolio with a curated study furniture collection from Ashley Furniture Homestore. The range is designed for contemporary homes where work, study and creative activities increasingly require dedicated and well-planned spaces.The collection includes writing desks, executive workstations, storage-led study units and display shelving. It combines practicality, comfort and design to create workspaces that are functional as well as visually appealing.One setting features a light-toned desk with coordinated bookcases and storage cabinets, creating a bright an..

Suraj Estate Arm Acquires Mahim Land Rights

Suraj Estate Developers, through its wholly owned subsidiary Iconic Property Developers, has signed an MoU to acquire development rights for a land parcel in Mahim (West), Mumbai, for Rs 75 crore. The plot measures around 2,941 sq m and is located next to the company’s ongoing commercial project, Suraj One Business Bay.After amalgamation with the existing commercial development, the land is expected to generate additional saleable carpet area of around 1.50 lakh sq ft, with an estimated gross development value of Rs 800 crore. The project is expected to strengthen the company’s near-to-med..

AGNI Launches Industry Benchmarking Drive

The Association of Global NICMARians (AGNI), the alumni body of NICMAR, hosted ASPIRE 2026 in Mumbai under the theme ‘Innovation to Transformation’. The symposium brought together professionals from construction, infrastructure, real estate and project management to discuss technology, AI, sustainability and data-led decision-making.At the event, AGNI announced its vision to emerge as an industry think tank and launched initiatives including an Industry Benchmarking Programme. It also proposed a digital ecosystem with tools for innovation impact assessment, salary benchmarking, company ben..