News

First EOI for signing long-term agreement with upcoming dedicated Ethanol plants for supply of ethanol received an overwhelming response;

The first Expression of Interest (EOI) for signing long-term agreement with upcoming dedicated Ethanol plants for supply of Ethanol has received an overwhelming response, with 197 bidders participating in the same. The EOI was published by BPCL on behalf of Oil Marketing Companies under the guidance of Ministry of Petroleum &Natural Gas on 27th August which opened on 17th Septemb...

District Level Committees to be constituted which shall exercise oversight over all power related schemes of Government of India:Power Ministry

Ministry of Power has issued an order for the setting up of District Level Committees which shall exercise oversight over all power related schemes of  Government of India ; as also its impact on the provision of services to the people. This is being done in order to ensure the involvement and oversight of the people in the process of power sector reforms, and their implementati...

Low carbon bricks developed using construction and demolition waste for energy-efficient walling envelopes

Researchers have developed a technology to produce energy-efficient walling materials using construction and demolition (C&D) waste and alkali-activated binders. These are called low-C bricks, do not require high-temperature firing, and avoid the use of high-energy materials such as Portland cement. The technology will also solve the disposal problems associated with C&D wast...

PFC issues India’s first-ever Euro Green Bond

Power Finance Corporation Ltd (PFC), the leading NBFC in power sector, has successfully issued its maiden Euro 300 million 7-year Euro Bond issuance on 13.09.2021. The pricing of 1.841% achieved is the lowest yield locked in by an Indian Issuer in the Euro markets.

News Source : PIB

Power Minister addresses energy industry under US India Strategic Partnership Forum

The Union  Minister of Power, New & Renewable Energy, Sh. R. K. Singh addressed the US India Strategic Partnership Forum and industry leaders, in a Virtual Energy Industry Roundtable, today here. Shri Singh apprised about the  Government of India's priorities for the energy sector as the ministry begins to work on Hon'ble Prime Minister’s vision of energy ...

Fifty two companies file applications for PLI Scheme for White Goods (ACs and LED Lights)

A total of  52 companies have filed their application with committed investment of Rs 5,866 crore under the PLI scheme to incentivize the domestic manufacturing of components of White Goods (Air conditioners and LED lights), applications for which closed on 15 September, 2021. The PLI Scheme was notified on 16.04.2021.

Government has approved Production Linked Incentive (PLI) Scheme for Auto Industry and Drone Industry to enhance India’s manufacturing capabilities

Taking steps forward towards the vision of an ‘Aatmanirbhar Bharat’, Government led by Hon’ble Prime Minister, Shri Narendra Modi, has approved the PLI Scheme for Automobile Industry and Drone Industry with a budgetary outlay of ₹ 26,058 crore. The PLI scheme for the auto sector will incentivize high value Advanced Automotive Technology vehicles and ...

NITI Aayog, RMI, and RMI India Launch ‘Shoonya’ Campaign

NITI Aayog, with RMI and RMI India’s support, today launched Shoonya—an initiative to promote zero-pollution delivery vehicles by working with consumers and industry. The campaign aims to accelerate adoption of electric vehicles (EVs) in the urban deliveries segment and create consumer awareness about the benefits of zero-pollution delivery.

Vice President calls for increasing the production of Solar PV cells and modules in India

The Vice President, Shri M. Venkaiah Naidu today called upon states to promote the setting up of manufacturing plants for solar PV cells and modules to accelerate their production in India.

Observing that India still relies heavily on imported compone...

India and US launch the Climate Action and Finance Mobilization Dialogue (CAFMD)

India and the United States of America (USA) today launched the “Climate Action and Finance Mobilization Dialogue (CAFMD)”. The CAFMD is one of the two tracks of the India-U.S. Climate and Clean Energy Agenda 2030 partnership launched at the Leaders' Summit on Climate in April 2021, by Prime Minister Shri Narendra Modi and US President Mr. Joseph Biden.