+
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
Real Estate

DLF Returns to Mumbai with Premium Andheri Residential Project

Delhi-NCR based real estate major DLF announced its return to the Mumbai market on 17 July with the launch of its premium residential project, The WestPark, in Andheri. The first phase includes 416 apartments spread across four towers, with two towers launched on the announcement day. The company plans to invest over Rs 8 billion in the project and expects a topline exceeding Rs 20 billion from Phase 1.“We have launched two towers and, given the strong response, plan to unveil the remaining two towers ahead of schedule, within the next few days,” said Aakash Ohri, Joint Managing Director o..

Next Story
Infrastructure Urban

APCRDA Advances Net Zero Goal with IGBC Training for Officials

In a significant stride towards Andhra Pradesh’s Net Zero target by 2040 and the Swarna Andhra 2047 vision, the Andhra Pradesh Capital Region Development Authority (APCRDA), in partnership with the Indian Green Building Council (IGBC), conducted a high-level capacity-building programme for senior officials in Vijayawada on Friday.Held at a city hotel, the session saw the participation of over 50 senior APCRDA officials, including the Engineer-in-Chief, Chief Engineer (H&B), Director (Planning), Director (Environment), and heads of key departments. The training centred on IGBC’s Green B..

Next Story
Infrastructure Energy

Assam Solar Project Halted as Waaree EPC Contract Is Cancelled

Following the Assam government’s withdrawal from its proposed solar project, the Engineering, Procurement, and Construction (EPC) contract awarded to Waaree Renewable has been suspended. Waaree Group’s EPC division informed the stock exchange of this development through a regulatory filing.The Assam solar project was suspended due to funding challenges, which rendered the initiative unviable for the state government. Waaree Renewable Transmission Limited (RTL) explained that the Government of Assam has withdrawn the project’s funding via the Asian Development Bank (ADB) loan. Consequentl..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?