India to meet 50% of energy demand from renewable sources

08 Jun 2022 CW Team

Ministry of Rural Development and Panchayati Raj Minister Giriraj Singh told the media that India had set an ambitious target of meeting 50% of its energy needs from renewable energy sources by 2030 and reaching the net zero-emission target by 2070.

He said that the world has been facing the consequences of developed nations’ exploitation of nature.

He added that around 18% of the world’s population lives in India on only 2.4% of the land, yet the country’s contribution to carbon emission is just 5%.

To combat climate change, India has adopted a five-point plan which includes meeting 50% of its energy demand of 500 GW every year from renewable resources by 2030.

The Minister said that India will reduce carbon emissions by one billion tonnes per year till 2030, and by 2070, the country will achieve the target of net-zero emissions.

He said there should be a discussion on the environment in homes and village panchayats, and all panchayats should plant trees to combat carbon emissions.

He said that this year’s best panchayat award would be given to the one that has worked towards a net-zero carbon footprint while addressing the Conference of Panchayats 2022 at Indira Gandhi Pratishthan on World Environment Day.

Image Source

Also read: Mumbai aims to achieve net-zero emissions by 2050

Infrastructure Urban

05 Nov 2025

TBO Tek Q2 Profit Climbs 12%, Revenue Surges 26% YoY

TBO Tek Limited one of the world’s largest travel distribution platforms, reported a solid performance for Q2 FY26 with a 26 per cent year-on-year increase in revenue to Rs 5.68 billion, reflecting broad-based growth and improving profitability.The company recorded a Gross Transaction Value (GTV) of Rs 8,901 crore, up 12 per cent YoY, driven by strong performance across Europe, MEA, and APAC regions. Adjusted EBITDA before acquisition-related costs stood at Rs 1.04 billion, up 16 per cent YoY, translating into an 18.32 per cent margin compared to 16.56 per cent in Q1 FY26. Profit after tax r..

Northern Graphite, Rain Carbon Secure R&D Grant for Greener Battery Materials

Northern Graphite Corporation and Rain Carbon Canada Inc, a subsidiary of Rain Carbon Inc, have jointly received up to C$860,000 (€530,000) in funding under the Canada–Germany Collaborative Industrial Research and Development Programme to develop sustainable battery anode materials.The two-year, C$2.2 million project aims to transform natural graphite processing by-products into high-performance, battery-grade anode material (BAM). Supported by the National Research Council of Canada Industrial Research Assistance Programme (NRC IRAP) and Germany’s Federal Ministry for Economic Affairs a..

Antony Waste Q2 Revenue Jumps 16%; Subsidiary Wins Rs 3,200 Cr WtE Projects

Antony Waste Handling Cell Limited (AWHCL), a leading player in India’s municipal solid waste management sector, announced a 16 per cent year-on-year increase in total operating revenue to Rs 2.33 billion for Q2 FY26. The growth was driven by higher waste volumes, escalated contracts, and strong operational execution.EBITDA rose 18 per cent to Rs 570 million, with margins steady at 21.6 per cent, while profit after tax stood at Rs 173 million, up 13 per cent YoY. Revenue from Municipal Solid Waste Collection and Transportation (MSW C&T) reached Rs 1.605 billion, and MSW Processing re..