Karnataka Secures Second Place in Wind Power Generation

21 Jun 2024 CW Team

India has been placed 63rd on the Global Energy Transition Index, as per the latest report by the World Economic Forum (WEF). The index assesses the progress of countries towards sustainable energy systems based on various indicators such as energy security, environmental sustainability, and affordability. Sweden has emerged as the leader, recognized for its robust efforts in transitioning towards cleaner energy sources.

The ranking highlights India's ongoing efforts and challenges in its energy transition journey. Despite initiatives like the expansion of renewable energy capacity and policy reforms aimed at reducing carbon emissions, the country faces significant hurdles in achieving a sustainable energy ecosystem. Factors such as energy access, affordability, and the integration of renewable energy sources remain crucial areas for improvement.

The WEF report underscores the importance of accelerating global efforts towards energy transition, emphasising the need for collaborative policies and investments in renewable energy infrastructure. It encourages countries to enhance their commitments to cleaner energy solutions to mitigate climate change impacts and foster sustainable development.

India's position on the index reflects both achievements and areas requiring attention in its energy transition strategy. Continued advancements in renewable energy adoption and sustainable practices are essential for India to enhance its global standing and contribute effectively to the collective goals of energy security and environmental stewardship.

Infrastructure Urban

06 Apr 2026

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..