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Our Director – BD & Commercial, Naveen Munjal, shared insights in the latest story of Infrastructure Today Magazine, which discusses "India’s Green Dreams: An Infinite Horizon." In this article, Naveen talks about the PM Surya Ghar Yojana and its potential to create jobs and reduce dependency on fossil fuels. The story sheds light on India's ambitious efforts to transition to renewable energy, highlighting government initiatives, economic and environmental benefits, and the challenges faced in becoming a global leader in green energy. #ApraavaEnergy #EnergyInAction #PMSuryaGhar

Sri Lankan President Ranil Wickremesinghe announced that the feasibility study for a land connectivity proposal with India is nearing completion. This initiative, along with discussions on a potential power grid connection and the sale of excess renewable energy to India, will be on the agenda during External Affairs Minister S Jaishankar's upcoming visit to Sri Lanka on June 20. - - - #NiryatBusiness #Niryat #Global #Import #export #SriLankaIndiaRelations #LandConnectivity #RenewableEnergy #PowerGridConnection #BilateralTies #EnergyCollaboration #SustainableDevelopment #RegionalCooperation #GreenEnergy #EconomicGrowth #InfrastructureDevelopment #CrossBorderTrade #RenewableResources #StrategicPartnership #EnergySecurity

India's Green Grab in Sri Lanka: Power Play or Progress? India is making big strides in Sri Lanka's renewable energy sector, but is it all sunshine and clean energy? India's Growing Role: A recent $11 million project will bring clean energy to islands off Sri Lanka's coast. This project replaces a deal previously awarded to China, highlighting India's strategic interest in the region. India is also involved in other renewable energy projects in Sri Lanka's north and east. Concerns and Complications: Sri Lanka's growing dependence on India has some worried. Transparency issues in awarding contracts, particularly to Indian companies, raise red flags. Sri Lanka needs clear communication with India to ensure both nations benefit. The Bottom Line: India's involvement in Sri Lanka's renewable energy sector can be a win-win. However, transparency and addressing concerns are crucial for a sustainable and successful partnership. #SriLanka #RenewableEnergy #India #Geopolitics #Sustainability P.S. Share this post and weigh in! Is India's growing influence in Sri Lanka's green energy sector a good thing? How can both countries ensure transparency and mutual benefit? https://lnkd.in/g2PwEJxN

https://lnkd.in/gGEZUSyu Sri Lanka is actively pursuing its renewable energy potential and is eagerly seeking significant investments from India and other countries in this sector. However, during last week’s Business forum ‘Energising India-Sri Lanka Ties through Cooperation in Renewable Energy,’ several stumbling blocks were highlighted by RE investors in Sri Lanka, which the Energy Minister also acknowledged. At the forum held on 11 March, Dr. Narendra de Silva, General Manager of Ceylon Electricity Board (CEB), shed light on these obstacles and outlined potential paths forward. Alongside, Sri Lanka’s Minister for Power and Energy, Kanchana Wijesekera, emphasised the nation’s vast renewable energy potential and extended invitations to Indian companies to explore investment opportunities in this burgeoning sector. Further, he did not mince his words on the monopoly in the energy sector, signalling a desire for greater competition and innovation. #adanigroup #renewableenergy #SriLanka #india

India's green energy laws have catalyzed substantial progress towards sustainability. The Electricity Act of 2003, amended in 2021, empowers regulatory bodies to facilitate renewable energy integration and tariff determination, pivotal for reducing fossil fuel reliance and environmental impact. The National Action Plans on Climate Change since 2008, including the National Solar Mission, set aggressive targets to enhance renewable adoption and energy efficiency. Financial incentives such as accelerated depreciation, subsidies, and state-level schemes like net metering bolster investment in green energy. Despite challenges like grid integration and financing, ongoing regulatory reforms aim to streamline project approvals and bolster infrastructure. International collaborations through initiatives like the International Solar Alliance reinforce India's role in global renewable energy leadership. India's dedication to green energy not only promotes economic growth and job creation but also underscores its commitment to sustainable development and mitigating climate change impacts. #greenenergy #electricitylaw #economicgrowth

India Launches Joint Center with TERI for Sustainable Energy Transition and Renewable Energy Innovation The Union Minister for Power and New & Renewable Energy, R. K. Singh, has announced the launch of a Center for Energy Transition, a joint venture between the Indian government and The Energy and Resources Institute (TERI). The declaration came during the 23rd World Sustainable Development Summit held in New Delhi. The Minister highlighted the center’s role in identifying pathways for sustainable energy transition and fostering innovation within the renewable energy sector. During the summit session themed “Energy Transitions for People, Peace, Prosperity, and our Planet,” Minister Singh emphasized India’s leadership in climate action and energy transition. He cited India’s […] Read the full story here: https://lnkd.in/dgpr3qRm #solarenergy #alternativeenergy #solarpv #pvsolar #photovoltaic #cleanenergy #cleantech #climatechange #middleeast #africa #india #asiapacific #asia #centerforenergytransition #electricvehicle #greenhydrogen #india #mnre #renewableenergy #theenergyandresourcesinstitute(teri)

India's Green Energy Surge: A Game-Changer for the Export Industry "Renewal and green energy investment are top priorities for the government. The share of renewable energy in the global energy landscape is set to rise significantly, not just in India but worldwide," emphasizes Sachin Bajaj, Executive Vice President & Head of Investments at Max Life. With substantial government backing, India is poised to emerge as a global export hub for green energy solutions. This strategic investment will drive growth in the renewable energy sector and bolster India's position in the international market. Exciting times lie ahead for the Indian export industry as we anticipate the transformative impact of green energy! Key Points: Government Initiatives: Highlighting significant investments and support from the government in renewable energy. Global Export Hub: Discussing India’s potential to become a leader in exporting green energy solutions. Economic & Environmental Benefits: Exploring the positive impacts on the economy and environment. For more updates, follow @tradereboot_official! #GreenEnergy #India #GOI #Government #Budget2024 #TradeCreditFinance #TradeFinance #Business #GreenEnergySolutions Stay informed about the latest trends and opportunities in green energy and international trade by following our page. Don’t forget to like, comment, and share this post! For more information, visit our website or contact our customer support team. We are here to help you navigate the exciting developments in green energy and the export industry.

#Weekly #Updates 📢 The Centre for Environmental and Energy Research (CEEW) has questioned India's progress towards achieving its renewable energy (RE) targets. Meanwhile, the Indian Renewable Energy Development Agency (IREDA) has announced plans to combine green hydrogen with RE sources to reduce project costs. In the private sector, Sunsure Energy has signed a deal to supply 2 crore units of clean power to Kirloskar manufacturing facilities, reducing their carbon footprint by 14,200 metric tonnes. As India prepares for the upcoming COP29 climate summit, the government is prioritizing international cooperation and assessing its financial needs to set quantifiable RE goals. Additionally, Indian Inc. has pledged a significant Rs 32.45 lakh crore for renewable energy projects by 2030, supporting India's ambitious target of 500 GW of RE capacity. Click to get weekly updates and don't forget to hit the subscribe button: https://lnkd.in/dCg5Yd9H Sonal Desai Renjini Liza Varghese #esgnews

#Budget 3.0 Exclusive: Sachidanand Upadhyay, Managing Director of Lord's Mark Industries Ltd., commends the Union Budget 2024-25 for its robust commitment to renewable energy, aligning perfectly with India’s ambitious goals. Presented by Finance Minister Nirmala Sitharaman, the budget highlights pivotal advancements in India’s renewable sector, particularly solar energy, which is essential for achieving the target of 500 GW of renewable energy by 2030. Sachidanand Upadhyay notes, "The Union Budget not only underscores our nation's dedication to energy security but also significantly contributes to our climate change mitigation efforts." The budget introduces several forward-looking initiatives, such as the PM Surya Ghar Muft Bijli Yojana, to boost the adoption of rooftop solar installations across India. This initiative is part of a broader strategy to reduce dependency on fossil fuels and promote sustainable energy solutions. "With 1.28 crore registrations and 14 lakh applications already, the response has been overwhelmingly positive, reflecting a strong public endorsement of sustainable energy practices," Sachidanand Upadhyay adds, highlighting the government’s substantial financial commitment to the sector. Lord's Mark Industries is actively contributing to this green transition, having recently secured a significant project to establish 50 MW of grid-connected rooftop solar projects in Uttar Pradesh. This project is a testament to the company's commitment to supporting India's net-zero emissions goal by 2070. Sachidanand Upadhyay concludes, "Our initiatives are in direct synergy with the government's policies, driving us closer to a sustainable future." The firm's efforts exemplify the industry's role in enhancing India's energy landscape, promising a cleaner, more sustainable environment for future generations. #UnionBudget2024 #RenewableEnergy #SolarPower #SustainableIndia #LordsMarkIndustries #NetZero2070

As the new government takes the helm, it holds the keys to India's destiny. At the heart of this transformation lies a profound commitment to renewable energy and sustainability. By prioritizing renewable energy, job creation, and holistic sustainability, we pave the way for a brighter tomorrow. Together, let's seize this moment, embrace the challenge, and build a future where progress knows no bounds. Read our full article here - https://lnkd.in/gs-V4XMc #renewableindia #sustainableIndia #renewableenergy #greenfuture #sustainablefuture #renewableenergysources #economicprosperity #election2024 #postelectionera #politics #india #greencreditinitiative #greenertomorrow #sustaianblepractices