Gujarat to become global hub for renewable energy innovation: Desai
POWER & RENEWABLE ENERGY

Gujarat to become global hub for renewable energy innovation: Desai

At the COP29 conference in Baku, Azerbaijan, Gujarat's Energy Minister Kanu Desai announced the state's ambition to lead India's clean energy transition. Desai highlighted Gujarat's efforts to position itself as a global hub for sustainable growth, particularly in emerging sectors like green hydrogen, and emphasised the state's proactive approach to renewable energy innovation.

Gujarat has set ambitious renewable energy goals, with plans to achieve energy self-reliance by 2047, the centenary of India's independence. Desai spoke about the state's ‘Mission 100 GW’, an initiative aimed at significantly boosting Gujarat’s renewable energy capacity and establishing it as a key player in India's clean energy transition. He stressed the importance of fostering a business-friendly environment, attracting investments, and encouraging innovation to drive the mission forward.

Desai also discussed Gujarat's substantial offshore wind energy potential, estimated at 35-40 GW, during a bilateral meeting with representatives from the Climate Investment Fund (CIF) and other international stakeholders. He noted that global companies are partnering with Gujarat to invest in offshore wind projects.

Additionally, the Gujarat delegation engaged with the United Nations Development Programme (UNDP) at COP29, focusing on strategies to achieve zero emissions by 2047 through green technologies while ensuring a fair and inclusive energy transition. (ET)

At the COP29 conference in Baku, Azerbaijan, Gujarat's Energy Minister Kanu Desai announced the state's ambition to lead India's clean energy transition. Desai highlighted Gujarat's efforts to position itself as a global hub for sustainable growth, particularly in emerging sectors like green hydrogen, and emphasised the state's proactive approach to renewable energy innovation. Gujarat has set ambitious renewable energy goals, with plans to achieve energy self-reliance by 2047, the centenary of India's independence. Desai spoke about the state's ‘Mission 100 GW’, an initiative aimed at significantly boosting Gujarat’s renewable energy capacity and establishing it as a key player in India's clean energy transition. He stressed the importance of fostering a business-friendly environment, attracting investments, and encouraging innovation to drive the mission forward. Desai also discussed Gujarat's substantial offshore wind energy potential, estimated at 35-40 GW, during a bilateral meeting with representatives from the Climate Investment Fund (CIF) and other international stakeholders. He noted that global companies are partnering with Gujarat to invest in offshore wind projects. Additionally, the Gujarat delegation engaged with the United Nations Development Programme (UNDP) at COP29, focusing on strategies to achieve zero emissions by 2047 through green technologies while ensuring a fair and inclusive energy transition. (ET)

Next Story
Infrastructure Urban

3i Infotech Reports Rs 7.25 Bn Revenue for FY25

3i Infotech, a leading provider of digital transformation, technology services and technology solutions, announced its consolidated financial results for the fourth quarter and full year FY25, ended on March 31st, 2025. The company maintained its growth momentum, displaying consistent progress for the 3rd consecutive quarter.In Q4 FY25, 3i Infotech reported revenue of Rs 1.87 billion, reflecting steady performance compared to Rs 1.81 billion in Q3 FY25 and Rs 1.97 billion in Q4 FY24. The company delivered strong profitability improvements, with gross margin growing by 14.8 per cent Q-o-Q and 1..

Next Story
Infrastructure Urban

Emerald Finance Joins Baya PTE to Boost SME Bill Discounting

Emerald Finance is a dynamic company offering a spectrum of financial products and services including its flagship Earned Wage Access (EWA) in India, has entered into a strategic partnership with Singapore-based Baya PTE through its Indian subsidiary. This collaboration aims to strengthen bill discounting services for Small and Medium Enterprises (SMEs), enabling faster access to working capital and improved cash flow management.The initiative is designed to support SMEs that supply to large corporates such as JSW Steel, Delhivery, and PVR INOX, among others. By facilitating timely invoice dis..

Next Story
Infrastructure Urban

BLS E-Services Crosses Rs 5 Bn Revenue Mark in FY25

BLS E-Services, a technology-enabled digital service provider, announced its audited consolidated financial results for the quarter and full year period ended 31 March 2025.Speaking about the performance and recent updates, Shikhar Aggarwal, Chairman, BLS E- Services said, “We are delighted to report a remarkable performance in FY25, as we achieved several milestones during the fiscal year. FY25 marked our highest-ever financial performance, as we surpassed Rs 5 billion milestone in Total Income during the year, which was reported at Rs 5.45 billion, a notable YoY growth of 76 per cent. The ..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?