Govt urges Indian firms to join group for RE industry transition
POWER & RENEWABLE ENERGY

Govt urges Indian firms to join group for RE industry transition

The Minister for Environment, Forest and Climate Change, Bhupender Yadav, told the media that the centre wants Indian firms to join the Leadership Group for Industry Transition.

On Wednesday, Yadav said that reaching the target of net-zero emissions is not enough, stressing that the Intergovernmental Panel on Climate Change (IPCC) report is a clarion call for developed countries to immediately cut down deep emissions and decarbonize their economies.

The Ministry, speaking at the Leadership, Excellence, Adaptability, Diversity and Sustainability (LEADS), an event by the Federation of Indian Chambers of Commerce & Industry (FICCI) under Future of Partnerships, highlighted the major issues of climatic justice and sustainable lifestyle, prioritized by PM Narendra Modi.

Yadav said that the initiatives taken by India in the past few years, both nationally and internationally, for promoting renewable power have now made the country the fourth largest renewable power capacity in the world.

The Ministry of Environment further said that the PM had announced an energy target of 450 GW renewable energy capacity and Hydrogen Energy Mission 2021-22 for generating hydrogen from renewable sources.

The Ministry of Environment said that the energy transition in different parts of the world would be different. India has more to offer and share its experience with other countries with similar energy assessment issues and address the growing demand for renewable power.

Yadav said that India and Europe are key partners who are set to take this partnership forward in other sustainable technologies like Green Hydrogen, Battery Storage, Offshore Wind Energy, Solar Photovoltaic, Solar Thermal, BioEnergy, Hydrogen, Fuel Cells, Energy Storage, Thermal Power, Geothermal Energy.

However, developed countries should provide lead markets for green technologies and drive down costs so these can be deployed for developing the economies, the Ministry said.

India has a bilateral engagement with Germany, UK and Denmark in the energy sector, due to which many achievements can be made in sustainable and green technologies.

On the role of private sectors in creating low-carbon sustainable economies, he said that private firms should support the roadmap for the transition towards low carbon emission, and requested the Indian firms, especially cement, steel, logistics, among others, to join the Leadership Group for Industry Transition, an initiative by India and Sweden.

Image Source


Also read: India urges US investors to invest in country’s energy sector

The Minister for Environment, Forest and Climate Change, Bhupender Yadav, told the media that the centre wants Indian firms to join the Leadership Group for Industry Transition. On Wednesday, Yadav said that reaching the target of net-zero emissions is not enough, stressing that the Intergovernmental Panel on Climate Change (IPCC) report is a clarion call for developed countries to immediately cut down deep emissions and decarbonize their economies. The Ministry, speaking at the Leadership, Excellence, Adaptability, Diversity and Sustainability (LEADS), an event by the Federation of Indian Chambers of Commerce & Industry (FICCI) under Future of Partnerships, highlighted the major issues of climatic justice and sustainable lifestyle, prioritized by PM Narendra Modi. Yadav said that the initiatives taken by India in the past few years, both nationally and internationally, for promoting renewable power have now made the country the fourth largest renewable power capacity in the world. The Ministry of Environment further said that the PM had announced an energy target of 450 GW renewable energy capacity and Hydrogen Energy Mission 2021-22 for generating hydrogen from renewable sources. The Ministry of Environment said that the energy transition in different parts of the world would be different. India has more to offer and share its experience with other countries with similar energy assessment issues and address the growing demand for renewable power. Yadav said that India and Europe are key partners who are set to take this partnership forward in other sustainable technologies like Green Hydrogen, Battery Storage, Offshore Wind Energy, Solar Photovoltaic, Solar Thermal, BioEnergy, Hydrogen, Fuel Cells, Energy Storage, Thermal Power, Geothermal Energy. However, developed countries should provide lead markets for green technologies and drive down costs so these can be deployed for developing the economies, the Ministry said. India has a bilateral engagement with Germany, UK and Denmark in the energy sector, due to which many achievements can be made in sustainable and green technologies. On the role of private sectors in creating low-carbon sustainable economies, he said that private firms should support the roadmap for the transition towards low carbon emission, and requested the Indian firms, especially cement, steel, logistics, among others, to join the Leadership Group for Industry Transition, an initiative by India and Sweden. Image Source Also read: India urges US investors to invest in country’s energy sector

Next Story
Infrastructure Urban

DCPC Prepares for Special Campaign 5.0 with Focus on E-Waste

The Department of Chemicals and Petrochemicals (DCPC), Ministry of Chemicals and Fertilisers, is gearing up for Special Campaign 5.0, to be held from 2nd to 31st October 2025. The initiative will focus on e-waste disposal as per MoEFCC’s E-Waste Management Rules 2022, space optimisation, and enhancing workplace efficiency across field offices.Special Campaign 4.0, conducted between October 2023 and October 2024, delivered notable results in record management, grievance redressal, scrap disposal, and cleanliness drives.Key outcomes of Special Campaign 4.0Records management: 2,443 physical fil..

Next Story
Real Estate

BlackRock India Leases 1.4 Lakh Sq Ft in Bengaluru

BlackRock Services India, the domestic arm of global asset manager BlackRock, has leased 1.4 lakh sq ft of office space at IndiQube Symphony in Bengaluru, according to Propstack data. The 10-year deal is valued at around Rs 4.10 billion.The lease, among the largest transactions in India’s co-working sector, highlights the growing preference of global institutions for flexible office providers. The agreement, commencing October 1, 2025, covers ground plus five floors in KNG Tower 1 at Ashoknagar, MG Road — one of Bengaluru’s prime commercial hubs.As per the lease document, BlackRock will ..

Next Story
Infrastructure Transport

L&T Bags Rs 25–50 Bn Order for Mumbai-Ahmedabad Bullet Train Track Works

Larsen & Toubro’s (L&T) Transportation Infrastructure business has secured an order valued between Rs 25 crore and Rs 50 billion from the National High Speed Rail Corporation Limited (NHSRCL) for the Mumbai-Ahmedabad High Speed Rail (MAHSR) corridor.The contract, Package T1, involves the design, supply, construction, testing, and commissioning of 156 route km of high-speed ballastless track on a Design-Build Lump Sum Price basis. The stretch runs from Mumbai’s Bandra-Kurla Complex to Zaroli village in Gujarat and includes 21 km of underground track and 135 km of elevated viaduct.Se..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?