India relieves rules to allow easy transition to green energy
POWER & RENEWABLE ENERGY

India relieves rules to allow easy transition to green energy

India has eased norms to allow commercial and industrial customers to switch to green sources of electricity as India targets to decarbonise its fossil fuel-driven economy. Consumers seeking open access to a clean energy source without being tied to the local distributor would have fewer su...

India has eased norms to allow commercial and industrial customers to switch to green sources of electricity as India targets to decarbonise its fossil fuel-driven economy. Consumers seeking open access to a clean energy source without being tied to the local distributor would have fewer surcharges to pay and get quick approvals. The threshold for such transactions is being reduced to 100 KW, from 1 MW, so smaller consumers enjoy the benefit. The new rules could quicken large power users to switch away from coal power, which produces over 70 per cent of electricity in India. Contact: Ministry of Power Website: powermin.gov.in

Next Story
Real Estate

VeARC leases 27,000 sq ft office space in Bengaluru

VeARC India has leased approximately 27,000 sq ft of office space at The Executive Centre's (TEC) Helios Business Park on Outer Ring Road (ORR), Bengaluru, to support the expansion of its Global Capability Centre (GCC) operations.The new workspace accommodates more than 450 workstations and is intended to support the company's growing workforce in India. VeARC India serves as the Global Capability Centre for Long Arc Capital.Located on Bengaluru's Outer Ring Road, the office provides access to one of the city's key technology and business corridors. The expansion comes amid continued growth in..

Next Story
Real Estate

Bharat Shah Family Buys Four Luxury Apartments In Worli For Rs1.8 bn

The family of veteran investor Bharat Shah has acquired four ultra-luxury apartments on the higher floors of Kalpataru One in Worli, South Mumbai, for Rs1.8 billion (bn). The purchases were registered on 6 July 2026 and were executed through Preeti Bharat Shah and Kinnari Bharat Shah, who bought the flats from Kalpataru Properties Limited. Property registration documents reviewed by Zapkey show the total consideration at Rs1.7941 billion. The transactions recorded a per square foot RERA carpet price of Rs0.101 million (mn), with each apartment valued at about Rs448.5 million. The four residenc..

Next Story
Infrastructure Urban

NITI Aayog Consultation On Critical Mineral Supply Chains

NITI Aayog convened a stakeholder consultation in New Delhi on Wednesday to assess requirements for critical minerals across strategic sectors, bringing together experts from government, research institutions, academia and industry. The meeting aimed to estimate current and future demand, identify supply chain vulnerabilities and discuss measures to strengthen domestic capabilities in exploration, processing and recycling. The exercise formed part of broader efforts to secure mineral value chains essential for economic growth, technological advancement and national security.\n\nDiscussions con..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement