India's Renewable Energy Capacity Hits 203.1 GW, Up 165% Since 2014

13 Aug 2024 CW Team

India's renewable energy sector has achieved a remarkable milestone, with its total installed capacity reaching 203.1 GW. This growth represents a 165% increase since 2014, underscoring the country's strong commitment to transitioning towards clean and sustainable energy sources.

The substantial rise in renewable energy capacity is a result of India's strategic focus on diversifying its energy mix to reduce dependency on fossil fuels and lower carbon emissions. Solar energy has played a pivotal role in this expansion, contributing significantly to the overall capacity, followed by wind, bioenergy, and small hydro projects.

India's progress in renewable energy has been driven by a combination of favourable government policies, financial incentives, and international collaboration. Initiatives such as the National Solar Mission and various state-level programs have provided a robust framework for the growth of renewable energy projects. Additionally, the government has implemented measures to attract foreign investment and foster public-private partnerships, further accelerating the sector's development.

This achievement is in line with India's broader goal of reaching 500 GW of non-fossil fuel-based energy capacity by 2030. The country continues to focus on enhancing grid infrastructure, energy storage solutions, and the integration of renewable energy into the national grid to support this ambitious target.

As India scales up its renewable energy efforts, the sector is expected to contribute significantly to job creation, economic growth, and environmental sustainability. The milestone of 203.1 GW reflects the country's leadership in global renewable energy initiatives and its commitment to addressing climate change through sustainable development.

Infrastructure Urban

13 Aug 2025

GRM Overseas Reports Q1 FY26 Results; Strengthens Global & Domestic Presence

GRM Overseas has announced its unaudited financial results for the quarter ended 30 June 2025. The company reported a positive performance in terms of margins and profitability, despite topline pressures from global geopolitical challenges.Atul Garg, Managing Director, said:"We have maintained healthy margins and profitability while navigating short-term headwinds. Our focus remains on expanding our product portfolio, enhancing brand visibility, and deepening our distribution network. Internationally, we continue to hold a strong position in the Basmati rice export market, particularly in the ..

Zuari Industries Posts Q1 FY26 Revenue Growth; PAT Turns Positive

Zuari Industries has announced its audited financial results for the quarter ended 30 June 2025.On a standalone basis, the company reported Revenue from Operations of Rs 2.10 billion and Operating EBITDA of Rs 220.4 million. Standalone Profit Before Tax (PBT), before exceptional items, stood at Rs 90 million.On a consolidated basis, Revenue rose 10.5 per cent year-on-year to Rs 2.67 billion, while Profit After Tax (PAT) stood at Rs 50 million compared to a loss of Rs 330.6 million in Q1 FY25.Segment HighlightsSugar, Power & Ethanol: Operations were impacted by an early mill closure due to ..

Karnataka Bank Reports Q1 FY26 Net Profit of Rs 2.92 Bn

Karnataka Bank has announced a net profit of Rs 2.92 billion for the first quarter of FY26, compared to Rs 4 billion in Q1 FY25. The results were approved at the Board of Directors meeting held on 13 August 2025 at the Bank’s headquarters in Mangaluru.Asset Quality & Capital AdequacyGross NPA: 3.46 per cent, improved from 3.54 per cent in Q1 FY25.Net NPA: 1.44 per cent, down from 1.66 per cent in Q1 FY25.Capital Adequacy Ratio (CAR): 20.46 per cent, up from 17.64 per cent in Q1 FY25.Announcing the results, Raghavendra S Bhat, Managing Director & CEO, said:"The Bank has registered a m..