Schneider Electric Advocates Energy Incentives

26 Jun 2024 CW Team

India?s energy sector is undergoing a significant transition towards renewable energy sources, and energy efficiency plays a crucial role in this shift. Schneider Electric believes that government incentives can accelerate the adoption of energy-efficient technologies, leading to substantial energy savings and reduced environmental impact. The company stresses the importance of public-private partnerships in driving this change, where government support can enhance corporate responsibility and sustainability efforts.

Chaudhry pointed out that energy efficiency is not only beneficial for the environment but also for economic growth. By reducing energy costs, businesses can improve their competitiveness and contribute to a more resilient energy infrastructure. Schneider Electric?s call to action includes the need for technology advancements and the implementation of smart energy management systems. These systems can optimize energy use in industrial operations, significantly lowering energy consumption.

The company also underscores the necessity of a robust policy framework that incentivizes clean energy adoption and supports the energy transition. This includes measures such as tax benefits, subsidies for energy-efficient equipment, and regulatory standards that mandate energy conservation practices. Schneider Electric?s initiatives align with India?s broader goals of combating climate change and ensuring energy security.

In conclusion, Schneider Electric?s appeal for government incentives is aimed at fostering a sustainable and efficient energy landscape in India. By promoting energy efficiency through supportive policies and incentives, India can achieve its environmental and economic objectives, paving the way for a greener and more sustainable future.

Schneider Electric, a global leader in energy management and automation, has called for government incentives to promote energy efficiency in India. CEO Anil Chaudhry emphasized the need for policy support and incentives to encourage industries to adopt sustainable practices. He highlighted the importance of energy efficiency in reducing the carbon footprint and fostering sustainable development. Schneider Electric advocates for a comprehensive regulatory framework that supports renewable energy initiatives and energy conservation measures. India?s energy sector is undergoing a significant transition towards renewable energy sources, and energy efficiency plays a crucial role in this shift. Schneider Electric believes that government incentives can accelerate the adoption of energy-efficient technologies, leading to substantial energy savings and reduced environmental impact. The company stresses the importance of public-private partnerships in driving this change, where government support can enhance corporate responsibility and sustainability efforts. Chaudhry pointed out that energy efficiency is not only beneficial for the environment but also for economic growth. By reducing energy costs, businesses can improve their competitiveness and contribute to a more resilient energy infrastructure. Schneider Electric?s call to action includes the need for technology advancements and the implementation of smart energy management systems. These systems can optimize energy use in industrial operations, significantly lowering energy consumption. The company also underscores the necessity of a robust policy framework that incentivizes clean energy adoption and supports the energy transition. This includes measures such as tax benefits, subsidies for energy-efficient equipment, and regulatory standards that mandate energy conservation practices. Schneider Electric?s initiatives align with India?s broader goals of combating climate change and ensuring energy security. In conclusion, Schneider Electric?s appeal for government incentives is aimed at fostering a sustainable and efficient energy landscape in India. By promoting energy efficiency through supportive policies and incentives, India can achieve its environmental and economic objectives, paving the way for a greener and more sustainable future.

Infrastructure Transport

01 Jun 2026

MMRDA advances 250 m on Orange Gate–Marine Drive tunnel

The Mumbai Metropolitan Region Development Authority (MMRDA) has completed 250 m of underground tunnelling for the Orange Gate–Marine Drive Urban Road Tunnel using India’s largest slurry shield tunnel boring machine (TBM) deployed for an urban road project.The project involves twin tunnels extending over 7 km beneath critical transport corridors, including Central Railway, Western Railway and Metro Line 3. The work requires high-precision engineering to navigate densely developed urban infrastructure.Once completed, the tunnel is expected to reduce travel time between Orange Gate and Marin..

Infrastructure Urban

01 Jun 2026

Hindustan Zinc Pays Rs 188.46 Billion in FY26

Hindustan Zinc contributed Rs 188.46 billion to the public exchequer in FY 2025-26, according to its 9th Tax Transparency Report. The contribution, equivalent to 46 per cent of the company’s revenue, included direct and indirect taxes, government royalties, dividends to the Government of India, withholding taxes and other statutory levies.The company’s five-year cumulative contribution to the exchequer stood at Rs 915.72 billion. In FY26, Hindustan Zinc reported revenue of Rs 408.44 billion, EBITDA of Rs 221.62 billion and profit after tax of Rs 138.32 billion. It also achieved its highest..

Infrastructure Urban

01 Jun 2026

World of Concrete India 2026 Opens in Mumbai

Informa Markets in India will host the 12th edition of World of Concrete India 2026 from 3–5 June 2026 at the Bombay Exhibition Centre, Mumbai. The specialised B2B exhibition will bring together manufacturers, suppliers, contractors, developers, architects, consultants, infrastructure companies, project leaders and government stakeholders.The event is expected to feature over 350 brands and more than 18,000 trade professionals. It will cover concrete and cement, dry mortar, precast technologies, formwork, construction chemicals, industrial and commercial flooring, scaffolding, safety solutio..