India to play a leadership role in RE sector in the future: Piyush Goyal
POWER & RENEWABLE ENERGY

India to play a leadership role in RE sector in the future: Piyush Goyal

Minister of Commerce and Industry, Consumer Affairs, Food and Public Distribution, and Textiles, Piyush Goyal, told the media that India would be a leader in renewable energy in the coming years, addressing the Valedictory Session of the second Aatmanirhar Bharat Self-Reliance for Renewable Energy Manufacturing.

Seeing the progress of renewables in the country, he said that the initial stage of hydro-power is already attracting Hydrogen technologies. The Hydrogen Energy Mission in 2021-22 for generating hydrogen from green power has been launched.

The LED Mission was another success under PM Narendra Modi. LEDs have saved the country's billions of dollars in electricity, and it has reduced carbon emissions by over 120 million tonnes each year, he said.

Goyal said that the Ministry would encourage electric vehicle owners to charge their batteries using renewable or solar energy, for which the industries are looking to introduce charging stations across the gas stations in the country. According to him, battery technologies will be crucial for sustainability and for progressing renewable energy.

Goyal said that by 2023-24 India would be blending 20% ethanol in petrol products. The target is to have vehicles that can take up to 100% ethanol. They aim to make India realise its electricity needs more sustainably and also balance the electricity cost in such a way that it does not affect the development goals. With a renewable energy target of 175 GW by 2022, India is now looking forward to 450 GW by 2030.

India's movement towards wind power and importation of wind equipment made it one of the biggest manufacturers of wind equipment, he said.

Image Source


Also read: Prince Charles lauds India's solar power efforts

Also read: US-based 1366 Technologies to invest $300 mn for solar module in India

Minister of Commerce and Industry, Consumer Affairs, Food and Public Distribution, and Textiles, Piyush Goyal, told the media that India would be a leader in renewable energy in the coming years, addressing the Valedictory Session of the second Aatmanirhar Bharat Self-Reliance for Renewable Energy Manufacturing. Seeing the progress of renewables in the country, he said that the initial stage of hydro-power is already attracting Hydrogen technologies. The Hydrogen Energy Mission in 2021-22 for generating hydrogen from green power has been launched. The LED Mission was another success under PM Narendra Modi. LEDs have saved the country's billions of dollars in electricity, and it has reduced carbon emissions by over 120 million tonnes each year, he said. Goyal said that the Ministry would encourage electric vehicle owners to charge their batteries using renewable or solar energy, for which the industries are looking to introduce charging stations across the gas stations in the country. According to him, battery technologies will be crucial for sustainability and for progressing renewable energy. Goyal said that by 2023-24 India would be blending 20% ethanol in petrol products. The target is to have vehicles that can take up to 100% ethanol. They aim to make India realise its electricity needs more sustainably and also balance the electricity cost in such a way that it does not affect the development goals. With a renewable energy target of 175 GW by 2022, India is now looking forward to 450 GW by 2030. India's movement towards wind power and importation of wind equipment made it one of the biggest manufacturers of wind equipment, he said. Image Source Also read: Prince Charles lauds India's solar power efforts Also read: US-based 1366 Technologies to invest $300 mn for solar module in India

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?