Nepal and India reached a substantial long-term agreement on Thursday for the export of 10,000 MW of power from Nepal to India over the next ten years.
The National Committee on Transmission (NCT) has approved around ten new transmission projects totaling more than Rs 6,600 crore. Notably, two significant projects account for a total of 5,281 crore. The NCT's approval allows these projects to submit bids.
India is making great progress in the renewable energy sector, with the goal of reaching 500 GW of renewable energy capacity by 2030.
According to the International Energy Agency (IEA), global coal demand is expected to fall by 2026, despite reaching a new high in output this year.
According to officials with knowledge of the matter, over sixty countries have voiced their support for an agreement led by the European Union, United States, and United Arab Emirates to triple renewable energy capacity by the end of this decade and transition away from coal.
The Adani Group, run by Indian businessman Gautam Adani, has presented plans for the world's largest renewable energy complex, to be located in the enormous expanse of northwestern India's Rann desert.
At the COP28 climate summit in Dubai, governments from 118 countries pledged to triple the world's renewable energy capacity by 2030 to lessen the world energy production's dependency on fossil fuels.
COP28 President Ahmad Al Jaber promotes blue ammonia as a climate solution, but experts, including Cornell University Professor Robert Howarth, question its environmental credentials.
Adani Power Ltd., India's largest private-sector power generator, is launching an innovative initiative to cut carbon emissions at its Mundra plant.
Andhra Pradesh Chief Minister YS Jagan Mohan Reddy pushed the state's renewable energy agenda forward by launching 12 new APTRANSCO substations and laying the groundwork for 16 more around the state.