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
Infrastructure Urban

Rodic Launches US-Based Rodic AI to Drive Global AI Innovation

Rodic Consultants, a leading engineering and digital infrastructure consulting company, has announced the launch of Rodic AI, a new technology subsidiary focused on artificial intelligence, advanced data analytics and digital transformation. Headquartered at the Cambridge Innovation Center (CIC) in Boston, Rodic AI marks the group’s formal entry into the global AI innovation ecosystem.Located in what is widely regarded as the most innovative square mile in Cambridge and closely linked with institutions such as MIT and Harvard, Rodic AI is positioned to collaborate with global research and in..

Next Story
Real Estate

Tier-2 Cities to Power India’s Home Interiors Market Growth

India’s home interiors market is poised for strong expansion, growing from Rs 1.27 trillion in 2024 to Rs 2.75 trillion by 2030, driven largely by rising demand from Tier-2 cities, according to a new research report by Magicbricks. The study estimates that Tier-2 markets will grow at a compound annual growth rate (CAGR) of 19 per cent, significantly outpacing Tier-1 cities, which are projected to grow at 12 per cent over the same period.Tier-2 cities alone are expected to expand from Rs 255.36 billion in 2024 to nearly Rs 725 billion by 2030, reflecting a rapid shift in consumer preferences ..

Next Story
Infrastructure Urban

Flender Retains EcoVadis Platinum, Ranks in Global Top 1%

German drive technology specialist Flender has once again been awarded the prestigious Platinum Medal by EcoVadis, reaffirming its position among the top one per cent of the world’s most sustainable companies. The recognition marks the third consecutive time Flender has received EcoVadis’ highest rating, underscoring the company’s continued commitment to environmental, social and governance (ESG) excellence.The achievement is particularly significant as EcoVadis has raised the threshold for Platinum recognition. In its latest assessment, Flender improved its overall score from 83 to 89 p..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Open In App