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.

Real Estate

07 Jul 2026

Pecan Realty Completes Rs 1.5 Billion Transactions

Pecan Realty has recently completed four institutional transactions worth over Rs 1.5 billion over the past two years, strengthening its position as an execution-led real estate platform. The deals include resolution-led acquisitions, structured finance transactions and capital partnerships across its development portfolio.The transactions covered acquisitions through the National Company Law Tribunal process and helped provide repayment or exits to both private and public sector lenders. The company said the deals demonstrate its ability to resolve complex project situations, work with instit..

SNN Estates Expands North Bengaluru Housing Project

SNN Estates has announced an expansion of its SNN Estates Felicity residential project in North Bengaluru following strong buyer demand, with 75 per cent of the first-phase inventory sold within three days of launch.The developer will add 76 apartments in the new phase, taking the project's estimated revenue potential to around Rs 1,000 crore upon completion of Phase 2.Spread across 6.5 acres in Rachenahalli, near Manyata Tech Park, the project comprises 604 apartments in 1.5, 2, 2.5, 3 and 4 BHK configurations. The development includes a 50,000-sq-ft clubhouse with amenities such as sports co..

SCG Drives ASEAN Industrial Transformation Strategy

SCG is strengthening its focus on ASEAN as a key growth region by advancing industrial transformation, enhancing competitiveness and building resilient regional value chains. Thammasak Sethaudom, President and Chief Executive Officer, SCG, highlighted the need for industries to continuously develop capabilities, strengthen resilience and deepen regional cooperation to achieve sustainable long-term growth.SCG views ASEAN as an important growth engine alongside China, supported by favourable demographics, trade connectivity and investment flows. With ASEAN’s GDP projected to grow by around 4.7..