CLEAN ENERGY TRANSITION
Bio-energy emerging as key pillar of green growth strategy: TPCI
India's really getting into bio-energy as a key player in its green growth and energy shift. The Trade Promotion Council of India (TPCI) is gathering top minds to give the sector a real push. Bio-energy is a big deal for cutting down on fossil fuels, tackling waste issues, and creating jobs, especially in rural areas.
Hurdles behind India's supertall buildings & vertical ambitions
India's urban growth is rapid, yet only one building crosses the 300-meter supertall mark. Fragmented regulations and infrastructure gaps hinder taller constructions. Developers face higher costs and extended timelines for supertall projects. While supertalls offer efficient land use, the focus remains on addressing affordable housing and essential urban services for the next two decades.
India eyes global bio-energy leadership with unified push on capital, missions and SAF exports
India is poised to become a major bio-energy exporter and bolster its energy security. Industry leaders at the India Bio-Energy Conference 2026 are calling for a single agency to streamline bio-fuel and Sustainable Aviation Fuel projects. The nation aims to meet domestic needs and export SAF, potentially generating billions. This push aligns with India's focus on self-reliance and net-zero goals.
HVR Solar signs global MoUs to set up 1.2 GW TOPCon solar cell manufacturing facility in Uttar Pradesh
HVR Solar Ltd is establishing a 1.2 GW TOPCon solar cell manufacturing line in Uttar Pradesh through strategic MoUs signed at SNEC PV Power Expo 2026. Partnering with global technology providers, the facility aims to boost India's domestic renewable energy supply chain, reduce import reliance, and create over 500 local jobs.
States must leverage trade pacts to attract investment: PM Modi
Prime Minister Narendra Modi encouraged regional leaders to enhance trade collaborations and simplify business operations, stressing the need for self-reliance alongside a commitment to clean energy for long-term progress. He challenged states to convert their demographic potential into a development powerhouse by investing in education and vocational training.
Reliance Industries-led consortium wins bid for 101-acre Mumbai slum redevelopment project
A Reliance-led consortium has secured the bid for the massive Juhu Galli slum redevelopment in Mumbai. This project will build over 28,000 homes for residents. The Maharashtra government's cluster redevelopment policy guides this initiative. The developer must provide significant financial support for resident transit accommodation. This marks a major step in large-scale slum redevelopment in the city.
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China’s EV boom is cleaning the air, and may have prevented 262,000 deaths
Electric vehicles are proving to be life savers. Studies show China's shift to electric cars has prevented thousands of premature deaths. Air pollution has significantly decreased in Chinese cities. In the US, California is also seeing cleaner air with more electric vehicles. Cities like New York and Chicago could see even greater life-saving benefits.
CleanMax shares soar 15% to record high on Meta partnership
CleanMax Enviro Energy Solutions shares surged 15% to a 52-week high after announcing a 900 MW renewable energy partnership with Meta Platforms. The projects include solar and wind assets, with Meta purchasing 100% of environmental attributes. The deal strengthens Meta’s clean energy goals and reinforces CleanMax’s position in India’s C&I renewable energy market, backed by strong long-term customer contracts.
IIT Hyderabad launches AI hub with JICA to boost Indo–Japan AI collaboration
The AI Innovation Hub at IIT Hyderabad, with JICA and Japanese partners, strengthens Indo–Japan AI collaboration by focusing on practical solutions and global exposure for students, while advancing applied research and India’s role in the global AI ecosystem.
Cairn, Vedanta Oil & Gas raises output from Hazarigaon gas field in Assam
Cairn Vedanta Oil & Gas has achieved a significant milestone in Assam. The Hazarigaon field recorded its highest gas production. This contributes to India's energy security. The field supports tea gardens, powers CNG buses, and supplies gas to Numaligarh Refinery. The company ensures responsible operations and efficient resource use. This work reflects steady progress in the region.
Edelweiss Alternatives’ Subahoo Chordia quits, likely to launch own fund
Subahoo Chordia, a key figure at Edelweiss Alternatives, has departed to launch his own infrastructure fund. He was instrumental in building the firm's real assets and infrastructure business, managing substantial assets and spearheading significant deals. Chordia's departure follows a successful tenure marked by substantial fundraising and strategic acquisitions in the infrastructure and clean energy sectors.
Payal Industrial Park, Fourier partner on hydrogen energy storage pilot
Payal Industrial Park is partnering with Fourier, an energy startup. They will deploy a hydrogen-powered energy storage system in Dahej, Gujarat. This collaboration aims to provide industries with reliable, 24/7 clean electricity. The system generates hydrogen on-site, reducing costs and logistics. This initiative supports India's green hydrogen goals and offers energy independence for industrial parks.
Rural tap water coverage reaches nearly 82 pc under Jal Jeevan Mission, claims government document
India has achieved remarkable progress in providing tap water to rural households, claims government. The Jal Jeevan Mission has connected millions of homes, while the Swachh Bharat Mission has transformed sanitation. Over 5 lakh villages are now ODF Plus. These initiatives are improving health and education outcomes across the rural India.
Sustainable Aviation Fuel production volumes still disappointing: IATA DG Willie Walsh
The International Air Transport Association (IATA) has released estimates showing that global Sustainable Aviation Fuel (SAF) production is expected to reach around 2.4 million tonnes in 2026, representing just 0.8% of aviation fuel use, at a cost to airlines of USD 4.3 billion.
'Our India policy starts with a clean slate and shared economic goals'
Nepal's Foreign Minister Shishir Khanal is visiting India to foster stronger ties. The new Nepali government prioritizes good governance and economic growth. Nepal looks to India for investment and collaboration in energy, tourism, and technology. Both nations aim to resolve boundary issues through calm, evidence-based discussions. Nepal seeks to build a double-digit growing economy with India's support.
EU plans lower taxes on clean energy in drive to cut power bills
The European Union is set to propose new regulations next month. These plans aim to cut taxes on renewable energy and boost electricity system flexibility. High energy costs are a major concern for the EU economy. The proposals seek to lower excise taxes on electricity compared to natural gas. Targeted tax reductions for energy-intensive industries are also planned.
Zinc prices at multi-year highs: What’s driving the rally and what lies ahead?
Zinc prices have climbed to multi-year highs as tight global inventories, rising production costs, and supply disruptions fuel a strong rally. While infrastructure spending, renewable energy projects, and industrial demand support the long-term outlook, growing mine supply and slower construction activity could keep prices volatile in the near term.
Electric mobility key to long-term fight against air pollution: UNEP chief
A top UN official stresses electric mobility and mandatory vehicle emissions testing for long-term air pollution solutions. India's plan to phase out older commercial vehicles with cleaner alternatives is highlighted. Investment in clean public transport and cleaner cooking solutions is crucial. Addressing local pollution sources like construction dust and waste burning is also vital for a healthier future.
IFC commits USD 50 million to Hygenco to promote green hydrogen in India
International Finance Corporation is investing USD 50 million in Hygenco Green Energies. This funding supports green hydrogen projects across India. The investment aims to scale up competitive green hydrogen supply for industries. Hygenco will develop projects and strengthen supply chains. This initiative will create jobs and support India's energy transition.
Clean energy sector to add over 44 lakh jobs by 2030: Study
India's clean energy sector is set to generate over 44 lakh jobs by 2030. Rooftop solar will be the biggest job creator, accounting for nearly 43 percent of these positions. This growth aligns economic progress with sustainability goals. The nation ranks third globally in renewable energy capacity. Focus on skilling and inclusion is vital for quality livelihoods.
India, UK unveil new initiatives on critical minerals, maritime security
India and the UK are embarking on an exciting journey of collaboration. With the unveiling of a significant trade deal and a strategic defence framework, the nations are set to enhance their partnership.
NFO Alert: Motilal Oswal Mutual Fund launches BSE Clean Environment Index Fund
Motilal Oswal Mutual Fund has launched the Motilal Oswal BSE Clean Environment Index Fund, an open-ended scheme tracking India's first diversified clean economy index. The NFO, open from June 5 to June 19, offers passive investment in five transformative themes: Renewables, EVs, Water Treatment, Recycling, and Waste Management, aiming for long-term capital appreciation.
Maruti unveils India's first flex-fuel car: What is a flex fuel vehicle? How does it work? Will it cut your fuel bill? Here's all
Maruti Suzuki has introduced India's first flex-fuel passenger car. This technology allows vehicles to run on petrol or petrol-ethanol blends. It is seen as a significant step towards reducing crude oil imports. The move also aims to lower carbon emissions and enhance India's energy security. This innovation could unlock substantial benefits for the country.
Vedanta group's iron ore mining, steel biz cut 2.5 MT of carbon emissions in last 5 yrs
Vedanta's iron ore and steel business has significantly cut carbon emissions. Over five years, nearly 2.5 million tonnes of emissions were reduced, avoided, or sequestered. Initiatives include electric vehicles, sustainable logistics, waste heat recovery power, and extensive tree plantation drives. These efforts align with national and global climate goals, showcasing a commitment to a greener future.
Growing role of SMRs for defence manufacturing and data centre operation
India's growing defence and data centre sectors face a critical need for reliable power. A recent policy dialogue explored Small Modular Reactors (SMRs) as a solution. Experts highlighted SMRs' potential for clean, uninterrupted electricity, crucial for mission-critical operations and energy security. Addressing cost, regulation, and safety are key for wider adoption of this technology.
India's tougher grid rules unsettle investors, test clean energy ambitions
India's new power grid rules are causing concern among clean energy investors, who say stricter penalties for solar and wind projects would reduce returns. This comes as India aims to significantly expand its renewable energy capacity. Investors warn this could slow down the much-needed investment for the energy transition in the country.
Experts highlight growing role of SMRs for defence manufacturing and data centre operation
India's defense production and data center sectors face a critical power supply constraint. A recent policy dialogue highlighted Small Modular Reactors (SMRs) as a solution for reliable, clean, and uninterrupted electricity. Experts discussed SMRs' role in energy transition, strategic resilience, and mission-critical infrastructure, while also addressing deployment challenges.
EU plans energy standards for data centres amid concerns over soaring power use
The European Union is set to introduce minimum energy efficiency standards for data centres. This move comes as data centre power consumption is projected to more than double by 2030. These standards aim to manage the growing energy demand and support Europe's clean energy goals. The EU is also developing a sustainability label for these facilities.
NHPC offer plugs into green energy appeal, more suited for patient play
NHPC's offer for sale is underway. Analysts suggest it offers long-term potential for patient investors. The government is divesting up to 6% of its stake. The offer opened for non-retail investors with strong demand. The floor price is set at ₹71 per share. This move aligns with global energy security focus and domestic clean energy infrastructure investments.
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