The perpetual bonds were issued at an annual coupon rate of 8.40 per cent.
Union Minister for Petroleum and Natural Gas, Hardeep Singh Puri, said here on Tuesday that oil and gas will continue to play an important role in the energy sector, even as renewable energy becomes the dominant source.
India has achieved a historic milestone by surpassing 100 GW of installed solar power capacity, reinforcing its position as a global leader in renewable energy, informed Union Minister of New and Renewable Energy
As India accelerates its transition to a sustainable future, its renewable energy (RE) sector has witnessed unprecedented growth with the total non-fossil fuel-based energy capacity reaching 217.62 GW as on this 20 January.
The joint venture agreement lays out a comprehensive framework for the project development, construction, operation, and maintenance under a Build-Own-Operate-Transfer model, with a 25-year project term from the commercial operation date.
India’s total renewable energy installed capacity has reached 209.44 GW as of December 2024, the Ministry of New and Renewable Energy (MNRE) said on Monday. This marks an impressive 15.84% increase compared to 180.80 GW in December 2023.
The Ministry of New and Renewable Energy has sanctioned an additional allocation of 5,000 MW to Rajasthan under the PM Kusum (Component A - Feeder level Solarisation) Scheme.
The 600 MW Omkareshwar Floating Solar Park, located in the Khandwa district of Madhya Pradesh, showcases the scale and ambition of India’s clean energy goals, Union New and Renewable Energy Minister Pralhad Joshi
Indian Renewable Energy Development Agency Limited (IREDA) has sanctioned over Rs 3,000 crore for green energy projects across Odisha, covering solar, hydro, ethanol and renewable energy manufacturing sectors, IREDA chairman and managing director Pradip Kumar Das said on Monday.
Highlighting India’s remarkable growth in renewable energy, the minister said that the country is not only witnessing an energy revolution but also becoming the renewable energy capital of the world.
