India positioned as global leader in clean energy supply chain diversification

17 Oct 2023 CW Team

Sitharaman underscored the alignment between the RISE partnership and India's domestic policy focus on Clean Energy, emphasising the G20 India Presidency's consensus on rapidly increasing renewable energy capacity. She commended Prime Minister Narendra Modi's Global Biofuels Alliance initiative, emphasising its role in fostering international cooperation on sustainable biofuels and clean energy innovation. The New Delhi Leaders Declaration, she noted, advocates tripling global renewable energy capacity by 2030.

India's priorities in the clean energy sector, including solar, offshore wind, green hydrogen, and battery storage, were emphasised. Sitharaman highlighted India's achievement of the previous target of 40% non-fossil fuel-installed electric capacity ahead of the 2030 deadline and the new target of 50%. She emphasised India's commitment to reducing energy storage costs and decreasing emissions intensity by 45% by 2030 compared to 2005 levels.

Sitharaman emphasised India's robust economy and its policy intent at the highest level, asserting that India is well-equipped to strengthen and diversify global supply chains and expand its role in the supply chain of clean energy products. The RISE partnership, an initiative by the World Bank and G7 Japan Presidency, facilitates collaboration between G7 members, developed nations, and low- and middle-income countries, fostering enhanced cooperation on global issues related to supply chain diversification of clean energy products and addressing climate change.

Source: Business Standard

Finance Minister Nirmala Sitharaman, speaking at the launch of the 'Partnership for Resilient and Inclusive Supply-chain Enhancement' during the World Bank-IMF Annual Meetings in Marrakech, Morocco, stated that India is well positioned to bolster and diversify global supply chains. She highlighted India's robust climate initiatives outlined in its Nationally Determined Contributions (NDCs), particularly emphasising the ambitious transition to clean energy.Sitharaman underscored the alignment between the RISE partnership and India's domestic policy focus on Clean Energy, emphasising the G20 India Presidency's consensus on rapidly increasing renewable energy capacity. She commended Prime Minister Narendra Modi's Global Biofuels Alliance initiative, emphasising its role in fostering international cooperation on sustainable biofuels and clean energy innovation. The New Delhi Leaders Declaration, she noted, advocates tripling global renewable energy capacity by 2030.India's priorities in the clean energy sector, including solar, offshore wind, green hydrogen, and battery storage, were emphasised. Sitharaman highlighted India's achievement of the previous target of 40% non-fossil fuel-installed electric capacity ahead of the 2030 deadline and the new target of 50%. She emphasised India's commitment to reducing energy storage costs and decreasing emissions intensity by 45% by 2030 compared to 2005 levels.Sitharaman emphasised India's robust economy and its policy intent at the highest level, asserting that India is well-equipped to strengthen and diversify global supply chains and expand its role in the supply chain of clean energy products. The RISE partnership, an initiative by the World Bank and G7 Japan Presidency, facilitates collaboration between G7 members, developed nations, and low- and middle-income countries, fostering enhanced cooperation on global issues related to supply chain diversification of clean energy products and addressing climate change.Source: Business Standard

Infrastructure Transport

12 Dec 2025

Railways Boosts Cyber Security And Fairness In Ticket Bookings

Indian Railways has said its reservation ticketing system is a robust and highly secure IT platform equipped with state-of-the-art cyber security measures. The national transporter has introduced several initiatives to enhance system performance and improve access to regular and tatkal tickets. A key step has been the large-scale revalidation and verification of user accounts. Since January 2025, around 30.2 million suspicious user IDs have been deactivated. Anti-bot tools such as Akamai have been deployed to filter non-genuine users, ensuring smoother booking for legitimate passengers. To c..

Infrastructure Transport

12 Dec 2025

Indian Railways Speeds Up Green Transition With Wider Electrification

Indian Railways is accelerating its modernisation drive by upgrading infrastructure and rolling stock with advanced technologies aimed at enhancing safety, punctuality, reliability and passenger comfort. A major focus of this effort is the transition to cleaner traction systems, with a significant reduction in the use of coal-based and diesel engines. Electrification has been taken up in mission mode. As of now, 99.2 per cent of the Broad Gauge (BG) network has been electrified, with the remaining routes under execution. During 2014–25, Railways electrified 46,900 route kilometres, compared..

Infrastructure Energy

12 Dec 2025

Centre Strengthens Cybersecurity Framework Across India’s Power Sector

The POWERGRID Centre of Excellence (CoE) in Cybersecurity has been established at the Indian Institute of Science (IISc), Bengaluru to advance research and development in cybersecurity for power grid operations and transmission systems. The initiative is part of India’s broader effort to build a resilient and secure power ecosystem. To strengthen cyber readiness across the sector, the Central Electricity Authority (CEA) issued the Cyber Security in Power Sector Guidelines, 2021, creating a comprehensive cyber assurance framework and governance structure for all power entities. Further, the ..