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

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..