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

16 May 2025

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..

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..

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 ..