Amendments to Energy Conservation Bill pave way for energy transition
POWER & RENEWABLE ENERGY

Amendments to Energy Conservation Bill pave way for energy transition

ICRA Research has said that the major amendments in the Energy Conservation Bill, passed in the Lok Sabha recently is a positive step in the right direction. The bill has set a minimum usage clause for ...

ICRA Research has said that the major amendments in the Energy Conservation Bill, passed in the Lok Sabha recently is a positive step in the right direction. The bill has set a minimum usage clause for non-fossil fuel in certain sectors with high emissions. On the other hand, to ensure faster decarbonisation of the Indian economy and help achieve sustainable development goals, carbon trading has been introduced in the amendment. The bill specifies the details regarding issuing authority, entitlement, and trading details for carbon credits. With India being the fourth largest emitter of CO2 in the world, ICRA foresees carbon trading opening up opportunities. Many states are making significant efforts to adopt the Energy Conservation Building Code and are front-runners in energy saving in commercial and public buildings. The scope of the bill has been expanded to include residential buildings, which account for 4 per cent of the CO2 emissions. Commenting further, Rohit Ahuja, Head of Research and Outreach, ICRA, has said, “Heavy penalties and widening the scope of the types of vehicles and buildings covered would help restrict carbon emissions. The bill has also increased the manpower of the governing council and empowered the State Electricity Regulatory Commissions (SERCs) for better control over energy transition goals. Overall, the amendment is a step in the right direction but the execution of the same and quantifying the results to meet the climate goal vision will be a key monitorable.”

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Infrastructure Urban

Concord Control Systems Limited Reports ~85% YoY Growth in H1 FY26

Concord Control Systems Limited (BSE: CNCRD | 543619), India’s leading manufacturer of embedded electronic systems and critical electronic solutions, announced its unaudited financial results for the half year ended September 30, 2025.Financial Highlights – H1 FY26 (YoY Comparison)Revenue from Operations rose to ₹815.45 million, up from ₹497.53 million in H1 FY25, marking a 63.90% year-on-year growth.EBITDA increased to ₹217.34 million, compared to ₹142 million in the same period last year.EBITDA Margin stood at 26.65%, compared to 28.54% in H1 FY25, with the decline attributed to ..

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Infrastructure Urban

Gateway Distriparks Announces Q2 FY25 Results

Gateway Distriparks Limited (GDL), one of India’s leading multimodal logistics providers, announced its financial results for the quarter ended 30 September 2025.For Q2, the company reported total revenue of INR 154.8 crore (H1: INR 316.9 crore), EBITDA of INR 20.56 crore (H1: INR 45.65 crore), PBT of INR –4.23 crore (H1: INR –0.28 crore), and PAT of INR –2.91 crore (H1: INR –0.37 crore). The company stated that these numbers reflect the consolidation of accounts following Snowman Logistics transitioning from an associate company to a subsidiary in December 2024.Commenting on the per..

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Infrastructure Transport

Last-Mile Connectivity a Prime Focus, Says Ms. Ashwini Bhide,

The IMC Chamber of Commerce and Industry (IMC) hosted a high-impact Managing Committee session today on the theme “Mumbai Metro: Transforming Connectivity and Commuting.” The session featured an insightful address by Ms. Ashwini Bhide, Managing Director, Mumbai Metro Rail Corporation Ltd. (MMRCL), who shared updates on key transport infrastructure developments across Mumbai and the MMR region.Emphasising the city’s critical economic role, Ms. Bhide noted, “Mumbai is the economic powerhouse of Maharashtra, with more than 95% of the region’s population living in urban areas. As Maharas..

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