NON FOSSIL FUEL SOURCES
Nitin Gadkari says new Toyota Innova to be launched on November 26, running cost to be just Rs 25 per liter
Union Minister Nitin Gadkari has announced that Toyota will launch a new bioethanol-powered Innova in India on November 26. The vehicle will run entirely on 100% bioethanol and generate nearly 60% of its power through electricity while driving. Gadkari claims its effective running cost could be equivalent to just Rs 25-30 per litre of petrol, potentially offering significant savings to motorists. The announcement comes as the government promotes alternative fuels to reduce India's dependence on conventional petrol and diesel.
IREDA seeks global funding partnerships to lower borrowing costs for green projects
IREDA is aiming to collaborate with global banks and investors for long-term green financing initiatives. Renewable energy developers in India face high borrowing costs compared to those in developed markets. The country requires significant investment to achieve its renewable energy capacity goals by 2030. Concerns regarding land acquisition and transmission infrastructure continue to pose challenges for developers. Disruptions in power generation can substantially impact project finances and repayment capabilities.
Essar Power to invest Rs 4,500 crore in 300 MW renewable energy project in Andhra Pradesh
Essar Power is planning a significant investment in a 300 MW Firm and Dispatchable Renewable Energy project. The project aims to combine solar and wind power generation with Battery Energy Storage Systems for improved reliability. This initiative follows a power purchase agreement with NHPC Ltd, enhancing Essar's renewable energy portfolio. It also contributes to India's target of 500 GW of non-fossil fuel electricity by 2030.
COP31: EU FTA on horizon, but India won't budge on CBAM
India's environment minister Bhupender Yadav reaffirmed the country's opposition to trade-linked barriers at COP31. The upcoming negotiations will focus on the EU's Carbon Border Adjustment Mechanism affecting various Indian sectors. Participation in carbon markets should remain voluntary, according to Yadav. Additionally, India emphasizes the importance of climate finance from developed nations.
Forget solar and wind: India bets on heat buried deep underground for round-the-clock clean electricity; here's the big plan
India is stepping up efforts to tap its estimated 10.6 GW geothermal energy potential, with its first two geothermal wells commissioned in Ladakh's Puga Valley in July 2026. The government is also supporting pilot projects across Gujarat, Arunachal Pradesh and Telangana, while its 2025 National Geothermal Energy Policy aims to promote research, technology development and private investment in the sector.
Brazil offers road map to phase down fossil fuels, halt deforestation
Building on the decision adopted at the first global stocktake of the Paris Agreement at COP28 in Dubai in 2023, these seek to advance climate action, strengthen international cooperation and mobilise investment, while supporting economic development, energy security and people's livelihoods. "This is the last delivery of the COP30 presidency," said Ana Toni, chief executive of the 2025 round of the UN climate talks.
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Green-debt fees hit nearly $3 billion, topping fossil fuels for fifth year
For the fifth consecutive year, leading global banks generated more revenue from green projects than fossil fuel financing. Data shows these banks earned approximately $3 billion from climate-related financing this year. Major players include Bank of China, BNP Paribas, and Deutsche Bank for green bonds. However, US banks dominated the fossil fuel financing deals, led by Wells Fargo and JPMorgan.
Clean energy investment helped India weather global energy crisis: PM Modi
Prime Minister Narendra Modi stated that India's investments in clean energy have mitigated severe external shocks. He announced an ambitious target of adding 500 GW of new non-fossil energy capacity within the next decade. Modi emphasized the importance of energy security in relation to economic stability.
Parliamentary panel raises concerns over high airfares; IndiGo, Air India flag rising fuel costs, Pakistan airspace closure
A parliamentary panel raised concerns over high airfares during discussions with IndiGo and Air India officials. Rising Aviation Turbine Fuel prices and the closure of Pakistan airspace were cited as major factors. IndiGo reported significant losses in the September quarter due to these issues, alongside challenges faced by Air India. The meeting also reviewed aircraft security and global aviation practices in India.
India's renewable sector attracts investments worth $67 billion in last 2 years: Pralhad Joshi
The sector is growing at a fast pace in India and will play an important role in meeting the country's future power demand, the Minister for New and Renewable Energy (MNRE) said while addressing the Bharat Renewable Energy (BRE) Summit & Expo 2026 in the national capital.
'Energy security directly linked to economic security': PM Modi highlights impact of global crisis
Prime Minister Narendra Modi highlighted the importance of energy security linked to economic security during the global crisis. He stated that India is prioritizing clean energy and green hydrogen to boost its energy independence. The National Green Hydrogen Mission aims for 5 million tonnes of green hydrogen production by the decade's end. India has achieved 300 GW of non-fossil fuel-based energy capacity and is targeting 500 GW.
PSU oil firms float tender to buy 150 mn litres of biodiesel at Rs 88/litre
Indian oil marketing companies are inviting bids for 150 million litres of biodiesel over a three-month period. The procurement will begin in November 2026 and aims to reduce dependence on imported crude oil. Supplies will be sourced from used cooking oil and other feedstocks, enhancing the domestic biodiesel market. Vendors must meet strict quality and delivery requirements throughout the procurement phase.
India’s consumers are back, its stocks aren’t: Srinivasan Sivabalan
Amid the vibrant festive season in India, consumer demand is soaring, prompting businesses to boost sales and raise prices accordingly. However, rising costs are pressuring profit margins, causing a decline in investor confidence. The stock market struggles to reflect the upbeat consumer activity, signaling a potential need for a resolution to the Iran war and governmental intervention to promote stability.
Engineers replaced 20% of cement with powdered waste glass in a field project; 3 years later, the concrete showed no deterioration or material failure
Recent studies suggest that incorporating 20% crushed waste glass into concrete can significantly improve its properties. This method not only boosts compressive strength but also lowers water absorption and abrasion weight loss. Given that the cement industry is a major contributor to carbon emissions, the search for eco-friendly solutions is crucial. However, challenges like cost and supply must be addressed for broader implementation in construction.
Oil-to-chemicals business powers Reliance Industries' record quarterly net profit, up 34% to ₹29,550 crore
Reliance Industries Ltd has set a new benchmark with a record net profit of ₹29,550 crore for the September quarter, fueled by significant advancements in the oil-to-chemicals and digital segments. With a yearly revenue surge of 28.5% to ₹3.38 lakh crore, the O2C division's Ebitda skyrocketed 68%, reflecting the advantages of elevated energy prices and the firm’s adaptability in challenging market scenarios.
AI is part of solution for climate change, COP31 pledge says
Turkey is set to introduce a pledge at the upcoming COP31 climate summit in Antalya. This pledge suggests that artificial intelligence can help in combating climate change effectively. However, data centers are reportedly increasing fossil fuel emissions significantly, raising environmental concerns.
Heat-related deaths up 36% since Paris Agreement: Lancet
The report, which was released on Wednesday, said the annual average heat-related deaths rose by nearly 36% globally after the Paris Agreement was introduced. "In 2023 alone, heat was linked to a record 710,000 deaths with more than 70% of that toll attributable to human-caused climate change," it said.
India needs $220 billion investment to achieve 500 GW clean energy target by 2030
India faces a significant challenge in attaining its renewable energy targets, necessitating an investment of about $220 billion between 2027 and 2030. This capital will aid in expanding energy storage solutions, transmission infrastructure, and manufacturing strength. Ahead of the Bharat Renewable Energy Summit & Expo, secretary Santosh Kumar Sarangi emphasized the urgency of these investments, which will foster public-private partnerships for sustainable energy solutions.
Dinosaur's rare skeleton is one of the world's most expensive fossils, fetches over USD 47 million against expected estimate worth around USD 9
Nanotyrannus was about half the length of an adult T. rex, and the two creatures coexisted during the Cretaceous period some 67 million years ago.
Delhi's pollution puzzle: New study to reveal what's changed in a decade
A comprehensive study will evaluate how pollution sources in Delhi have changed over the past decade. This initiative employs high-resolution mapping and local data to generate updated emission inventories. The project aims to provide assessments for 2030, 2035, and 2040 under various mitigation scenarios. A consortium of institutions is leading the effort to enhance air quality management in the region.
Greenhouse gas levels hit new record highs in 2025: UN
Greenhouse gas concentrations in the atmosphere rose to new record highs in 2025, locking in climate impacts that will persist for centuries to come, the United Nations said Tuesday. From 2024 to 2025, the global average concentration of CO2 rose by 2.8 ppm -- smaller than the record surge from 2023 to 2024 of 3.6 ppm.
Gadkari urges industry to manufacture tunnel boring machines in India
Nitin Gadkari urged the industry to focus on developing tunnel machinery indigenously due to recent export controls from China. The Indian government plans to invest over Rs 7 lakh crore in infrastructure projects, including highways and tunnels. Gadkari highlighted the importance of quality in highway construction and stated that poor-performing contractors would face consequences. Additionally, he mentioned ongoing efforts to improve logistics costs and connectivity through various projects.
No intention to increase ethanol blending in fuel beyond 20%: Union minister Hardeep Puri
Petroleum Minister Hardeep Singh Puri on Tuesday said the Centre has no immediate plans to increase ethanol blending in petrol beyond the current 20% level, calling misinformation about E20 fuel a “contrived narrative”.
Govt amends motor vehicle rules to allow E100 fuel for flex-fuel vehicles, clarifies E20 vehicles unaffected
The Centre has amended the Central Motor Vehicles Rules, 1989, to recognise E100 fuel for flex-fuel vehicles designed to run on up to 100% ethanol. Notified on October 23, 2026, the changes add E100 alongside E85 in emission regulations and update fuel specifications and testing requirements.
India's power crunch deepens as 96 coal plants face fuel shortages
India's coal-fired power plants are currently experiencing critical fuel shortages due to rising energy demands. This surge in electricity usage is attributed to unusually hot weather and insufficient hydroelectric output. The Central Electricity Authority has reported a significant increase in the number of plants with low coal stocks. Despite escalating power demands, coal supply has fallen by approximately 5% this month.
Hitachi CEO calls for stronger grid connection amid growing power demand
Hitachi Energy's CEO Andreas Schierenbeck emphasized the importance of strong grid connections for rising electricity demand. He noted that over 500 GW of generation projects in Germany are awaiting grid access. Kirsty Gogan highlighted that India's energy consumption per capita is significantly lower than the OECD average. The country would require an eightfold increase in energy supply to meet average levels.
India looks to AI to make power grid more reliable, secure and smart: MoS MNRE
Speaking to the media on the sidelines of the Central Electricity Authority's (CEA) 53rd Foundation Day brainstorming event in New Delhi, Naik said AI would play an important role in managing the country's vast transmission network and improving electricity services.
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