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India's Green Revolution: A ?12 Million Investment for Renewable Energy by 2030
ECONOMY & POLICY

India's Green Revolution: A ?12 Million Investment for Renewable Energy by 2030

In a groundbreaking move towards sustainable energy, India aims to invest ?12 million in the renewable energy sector by 2030, as revealed by the Chairman of the Indian Renewable Energy Development Agency (IREDA). The ambitious plan underscores the nation's commitment to combating climate change and transitioning to cleaner alternatives. The funds, primarily sourced from the Non-Banking Financial Companies (NBFC) sector, will play a pivotal role in accelerating the adoption of renewable technologies. The IREDA chief emphasized the critical role of NBFCs in supporting this initiative. The financial infusion is expected to drive the development and implementation of solar, wind, and other renewable projects, contributing significantly to India's energy landscape. This initiative aligns with the country's larger vision of achieving a substantial share of renewable energy in its overall power generation.

In a groundbreaking move towards sustainable energy, India aims to invest ?12 million in the renewable energy sector by 2030, as revealed by the Chairman of the Indian Renewable Energy Development Agency (IREDA). The ambitious plan underscores the nation's commitment to combating climate change and transitioning to cleaner alternatives. The funds, primarily sourced from the Non-Banking Financial Companies (NBFC) sector, will play a pivotal role in accelerating the adoption of renewable technologies. The IREDA chief emphasized the critical role of NBFCs in supporting this initiative. The financial infusion is expected to drive the development and implementation of solar, wind, and other renewable projects, contributing significantly to India's energy landscape. This initiative aligns with the country's larger vision of achieving a substantial share of renewable energy in its overall power generation.

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Building Material

UltraTech’s Limestone Mine Gets India’s First-Ever 7-Star Rating

UltraTech Cement, India’s largest producer of cement and Ready-Mix Concrete (RMC), has received top honours for sustainable mining practices. Thirteen of the company’s limestone mines were awarded star ratings by the Indian Bureau of Mines (IBM), Ministry of Mines, for FY 2023–24 during a ceremony held in Jaipur, Rajasthan. Among these, the Naokari Limestone Mine—part of UltraTech’s Awarpur Cement Works in Chandrapur, Maharashtra—was awarded India’s first-ever 7-star rating for a limestone mine, in recognition of exceptional performance in ‘Green Mining’. The remain..

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Infrastructure Urban

Sieger Parking Enters Mumbai Market, Expands West India Presence

Sieger Parking, a Coimbatore-headquartered specialist in automated and multi-level car parking systems, has announced its entry into Western India with the launch of a regional office in Mumbai. This move marks a key milestone in the company’s pan-India growth strategy and its commitment to delivering technology-driven, space-efficient parking solutions across urban India. The Mumbai office will serve as the regional headquarters for Maharashtra and neighbouring states, supporting end-to-end operations with on-ground sales, project management, and service teams. The aim is to fast-track..

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Resources

IGBC Green Kochi Conclave 2025 Champions Culture and Climate Action

The Indian Green Building Council (IGBC), part of CII, hosted the Green Kochi Conclave 2025 on 4 July at Hotel Holiday Inn, Kochi, under the theme “Tharavadu to Tomorrow: Weaving Kerala’s Heritage into a Sustainable Built Environment.” The event brought together policymakers, architects, developers, and thought leaders to discuss Kerala’s progress in blending cultural heritage with sustainable design.  Kerala is emerging as a frontrunner in climate-resilient development, thanks to passive design strategies, rainwater harvesting, cool roof initiatives, and the widespread adopt..

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