MoS: Collective action for renewable energy targets

17 Jun 2024 CW Team

Shripad Yesso Naik, Minister of State for New and Renewable Energy and Power, stated that cooperation is needed to meet renewable energy objectives, establish India as a leader in wind energy, and build a cleaner, more promising future for everybody. Speaking on "Global Wind Day," Minister of State Naik commended Tamil Nadu, Gujarat, and Karnataka for obtaining the nation's largest increases in wind capacity in FY 2023?2024. MNRE Secretary Bhupinder Singh Bhalla stated that in order to achieve the nation's goals of 500 GW of renewable energy capacity by 2030 and net zero by 2070, solar and wind energy must be combined to create a dependable system. India has almost forty years of experience producing wind energy. By May, its total installed wind power capacity reached 46.4 GW, making it the fourth greatest in the world. Bhalla encouraged the stakeholders to work together to achieve the sector's short- and long-term goals by highlighting the accomplishments of the previous year. Panel talks about the possibilities of onshore and offshore wind energy were held throughout the event, and manufacturers, developers, academic institutions, think tanks, and other important players actively participated.

Infrastructure Urban

13 Oct 2025

Daikin Boosts Haryana’s Innovation Push with Rs 10 billion R&D Plan

Japanese multinational Daikin Industries has committed an investment of Rs 10 billion to set up a new research and development centre in Haryana. The proposed facility will focus on advanced technologies and sustainable industrial solutions, marking a significant boost to the state’s innovation and industrial ecosystem. The announcement follows the signing of a Memorandum of Understanding (MoU) in Osaka, Japan, during a visit by a Haryana government delegation held from October 6 to 8. The MoU was signed by Amit Kumar Agrawal, Commissioner and Secretary, Industries and Commerce Department, ..

Lloyds Metals to Build Rs 250 billion Steel Plant in Gadchiroli

Lloyds Metals & Energy Limited (LMEL) has announced an investment of Rs 250 billion aimed at transforming Gadchiroli in Maharashtra from a region once associated with the red corridor into a key industrial and growth hub. The company’s plans are centred on establishing an integrated steel production ecosystem, which will contribute significantly to regional development and employment. As part of its expansion strategy, LMEL is setting up a 4.5-million-tonne blast furnace in Gadchiroli, scheduled for completion by 2027–28, along with another 1.2-million-tonne facility in Chandrapur by 2029..

UPI Crosses 500 Million Users, Fuels MSME and Digital Growth

The Unified Payments Interface (UPI) has achieved a new milestone, surpassing 500 million consumers and 65 million merchants across India. The platform, developed by the National Payments Corporation of India (NPCI), has expanded its reach to nearly 99 percent of the country’s pin codes, underlining its deep penetration into both urban and rural markets. According to a report by NPCI and the Boston Consulting Group (BCG) launched during the Global Fintech Fest 2025, UPI has evolved from being a digital payments mechanism into a key enabler of financial inclusion and small business growth. I..