Renewable Agencies Tender 35.51 GW Projects for FY24
POWER & RENEWABLE ENERGY

Renewable Agencies Tender 35.51 GW Projects for FY24

Renewable Energy Implementing Agencies have taken a decisive step by commencing the tendering process for a total capacity of 35.51 GW in renewable projects for the fiscal year 2023-24. This significant initiative underscores India's commitment to advancing its renewable energy landscape, aligning with its ambitious targets to increase the share of clean and sustainable power sources in the country's energy mix.

The extensive tendering of over 35 GW reflects a strategic move to accelerate the deployment of renewable energy projects, fostering a transition towards a more sustainable and environmentally friendly power sector. The concerted efforts of these agencies signify a collective dedication to not only meeting the growing energy demand but also addressing environmental concerns by promoting the adoption of clean and green energy solutions.

As the world grapples with the imperative of mitigating climate change, India's aggressive approach to tendering substantial renewable projects positions the nation as a key player in the global transition towards a low-carbon future. The tendering trajectory for the fiscal year 2023-24 underscores India's pivotal role in driving renewable energy adoption, serving as a beacon for sustainable development and contributing to the global fight against climate change.

Renewable Energy Implementing Agencies have taken a decisive step by commencing the tendering process for a total capacity of 35.51 GW in renewable projects for the fiscal year 2023-24. This significant initiative underscores India's commitment to advancing its renewable energy landscape, aligning with its ambitious targets to increase the share of clean and sustainable power sources in the country's energy mix. The extensive tendering of over 35 GW reflects a strategic move to accelerate the deployment of renewable energy projects, fostering a transition towards a more sustainable and environmentally friendly power sector. The concerted efforts of these agencies signify a collective dedication to not only meeting the growing energy demand but also addressing environmental concerns by promoting the adoption of clean and green energy solutions. As the world grapples with the imperative of mitigating climate change, India's aggressive approach to tendering substantial renewable projects positions the nation as a key player in the global transition towards a low-carbon future. The tendering trajectory for the fiscal year 2023-24 underscores India's pivotal role in driving renewable energy adoption, serving as a beacon for sustainable development and contributing to the global fight against climate change.

Next Story
Building Material

Centre Plans Easier Green Clearances for New Airports

The central government is preparing to streamline environmental clearance procedures for airport projects to accelerate infrastructure development across the country. According to officials, the Ministry of Civil Aviation (MoCA) is working with the Ministry of Environment, Forest and Climate Change (MoEFCC) to establish a single-window mechanism for faster approval of greenfield and brownfield airports. The proposal seeks to reduce the time required for obtaining environmental clearance by simplifying inter-ministerial coordination and standardising assessment parameters. The move is part of ..

Next Story
Building Material

Beer Makers Urge Import Relaxation Amid Aluminium Can Shortage

India’s domestic beer manufacturers have urged the government to relax import rules and cut duties on aluminium cans as the industry faces a severe shortage of packaging material. The shortage, driven by rising demand and limited local supply, has disrupted production schedules for several breweries. Industry representatives have written to the Ministry of Commerce and the Ministry of Finance, seeking temporary relief through faster import approvals and reduced customs duties. They warn that the situation could impact the availability of beer across key markets during the festive season. A..

Next Story
Building Material

India Surpasses Japan as World’s Third-Largest Auto Market

India has overtaken Japan to become the world’s third-largest automobile market, marking a major milestone for the country’s manufacturing and mobility sector. Union Minister for Road Transport and Highways, Nitin Gadkari, credited the achievement to India’s growing production capacity, rising domestic demand, and sustained policy support for localisation and innovation. The country’s vehicle sales and manufacturing output have surged in recent years, positioning it just behind China and the United States. According to industry estimates, India’s automobile sector supports over 3..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?