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Time of India
2 days ago
- Business
- Time of India
First phase of green energy corridor project facing delays due to multiple reasons: Naik
New Delhi: The phase-I of Green Energy Corridor , a Rs 10,141.68-crore initiative focused on developing infrastructure of integration of renewable generation capacity, is facing delays on account of multiple reasons, Parliament was informed on Tuesday. The scheme was introduced by the government for development of Intra-State Transmission System (InSTS) in eight states. Out of the eight states, four have completed all the projects, Rajasthan, Karnataka, Madhya Pradesh and Tamil Nadu, Minister of State (MoS) of New and Renewable Energy Shripad Naik said in a reply to Rajya Sabha. "The phase-I of Green Energy Corridor has been delayed in remaining four states (Andhra Pradesh, Gujarat, Maharashtra and Himachal Pradesh) due to reasons such as Right of Way (RoW) issues, court cases including Great Indian Bustard matter and forest clearances," Naik, who is also MoS Power, said. The GEC-I scheme aims setting up around 9,700 circuit (ckm) transmission lines and 22,600 megavolt ampere (MVA) substations in order to facilitate integration of about 24 GW of renewable generation capacity. The total project cost is Rs 10,141.68 crore with funding mechanism consisting of 40 per cent Central Financial Assistance from MNRE (Rs 4,056.67 crore), 40 per cent loan from KfW Germany (EUR 500 million) and 20 per cent equity from State Transmission Utilities (STUs). The phase II of GEC scheme is under implementation in Gujarat, Himachal Pradesh, Karnataka, Kerala, Rajasthan, Tamil Nadu and Uttar Pradesh at a cost of Rs 12,031.33 crore. Further, the states have been advised to prepare respective plans for InSTS with a 10-year horizon, Naik said. On Monday, the minister said a 340 Giga Watt (GW) Inter-State Transmission System (ISTS) network has been planned to evacuate 230 GW of solar and wind power connected to ISTS. "As of now, out of the total planned capacity, 48 GW has been completed, 159 GW is under construction, 21 GW is under bidding, and 112 GW is under planning," he had informed the upper house. PTI
Fashion Value Chain
6 days ago
- Business
- Fashion Value Chain
Malawi's Energy Minister Hon Ibrahim Matola Leads Malawi Delegation for BESS Knowledge Exchange in India, Supported by GEAPP
Honourable Ibrahim Imed Matola, Minister of Energy, Government of Malawi, is on an official visit to India to strengthen collaboration between the two countries in the field of energy transition and sustainable development. The key highlight of the visit was Minister Matola's meeting with Shri Pralhad Joshi, Cabinet Minister for New and Renewable Energy, Government of India, on July 17. The discussions centred around clean energy partnerships, grid modernisation, and regional challenges for energy access and transition to low-carbon technologies. Honble Ibrahim Matola, Minister of Energy, Malawi meeting with Shri Pralhad Joshi, Cabinet Minister, New and Renewable Energy at the Atal Akshay Urja Bhawan Minister Matola visited the recently commissioned Battery Energy Storage System (BESS) at BSES Rajdhani Power Limited (BRPL)'s Kilokari sub-station in Delhi on July 15, which is South Asia's largest and India's first standalone utility-scale BESS, supported by the Global Energy Alliance for People and Planet (GEAPP) and its partners IndiGrid and AmpereHour Energy. The project has completed over 100 charge-discharge cycles in just three months, delivering measurable financial savings of over Rs. 25 million (USD 290,000) in power procurement costs and offering a scalable model for urban energy resilience. The visit is part of a larger initiative to enable cross-border learning and deepen global South-South cooperation in the clean energy sector. With Malawi targeting a just and inclusive energy transition – over 70% of its current installed capacity already comes from renewable sources – the Malawi government is seeking to adopt India's experience with battery storage deployment, digital grid solutions, and policy design for its urban energy reforms and successful completion of its 20 MW BESS under construction at Kenengo Substation in Lilongwe with funding from GEAPP. Applauding India's leadership in energy transition, Honourable Ibrahim Matola, Energy Minister, Government of Malawi said, 'India's journey toward decarbonisation and innovation in clean energy systems provides a useful case study for our country's vision 2063, with increased integration of renewable energy being a key component of the vision to drive sustainable development and economic growth. We hope to learn from and adopt these innovations to Malawi's energy landscape, as we deliver on our National Compact to provide access to an additional 2.7 million households in line with Mission 300, which aims to electrify 300 million people in Africa by 2030. Collaboration with like-minded nations and partners such as GEAPP at both national and international levels is not just desirable, it is essential as we collectively respond to the global climate crisis.' In addition to the BESS site visit, the Minister and delegation also engaged with GEAPP officials and its partners, the ABB Group & RIC Energy, to understand solutions for digitalizing grid assets and adopting AI-driven tools for network planning. The Digitalization of Utilities for Energy Transition (DUET) program by GEAPP in India aims to co-create, co-design, and deploy tailored systems to support Indian distribution companies (DISCOMs). The initiative aims to integrate AI and IoT-based solutions, enabling predictive load management, reducing AT&C losses, accelerating renewable energy integration, and enhancing grid stability to reduce the carbon footprint of power operations. Commenting on the visit, Saurabh Kumar, Vice President – India, GEAPP, stated, 'Achieving 50% clean power installed capacity five years ahead of schedule is a milestone that underscores India's bold climate leadership, policy foresight, and the power of partnerships. In the spirit of global South-South collaboration, GEAPP is proud to support the ongoing visit of the Hon. Energy Minister of Malawi to India – an engagement that reflects how India's leadership can translate into scalable, digitally-enabled solutions for other emerging economies. It is a step forward in our shared pursuit of inclusive, resilient, and equitable energy transition.' To further global collaboration, Malawi is also one of the signatories of the BESS Consortium led by the GEAPP Leadership Council (GLC), which seeks to deploy and scale BESS in Low- and Middle-Income Countries (LMICs). GEAPP is supporting Malawi's 20 MW BESS project in collaboration with the Electricity Supply Corporation of Malawi (ESCOM). About Global Energy Alliance for People and Planet (GEAPP) The Global Energy Alliance for People and Planet (GEAPP) is an alliance of philanthropy, governments in emerging and developed economies, and technology, policy, and financing partners. Our common mission is to enable LMIC's shift to a clean energy, pro-growth model that accelerates universal energy access and inclusive economic growth, while supporting the global community to meet critical climate goals during the next decade. As an alliance, we aim to reduce four gigatons of future carbon emissions, expand clean energy access to one billion people, and enable 150 million new jobs. With philanthropic partners, IKEA Foundation, The Rockefeller Foundation, and Bezos Earth Fund, GEAPP works to build the enabling environment, capacity, and market conditions for private sector solutions, catalyze new business models through innovation and entrepreneurship, and deploy high-risk capital to encourage private sector solutions and assist just transition solutions.
Business Standard
15-07-2025
- Business
- Business Standard
India reaches 50% of installed electricity capacity from non-fossil fuel sources five years ahead of target
Ministry of New and Renewable Energy stated in a latest update that India has achieved a landmark in its energy transition journey by reaching 50% of its installed electricity capacity from non-fossil fuel sourcesfive years ahead of the target set under its Nationally Determined Contributions (NDCs) to the Paris Agreement. This significant milestone underscores the countrys steadfast commitment to climate action and sustainable development. Union Minister of New and Renewable Energy Pralhad Joshi has noted that in a world seeking climate solutions, India is showing the way. Powered by Capital Market - Live News
Hans India
15-07-2025
- Business
- Hans India
India achieves 50 pc clean power capacity five years ahead of target
India energy transition, Renewable energy, Non-fossil fuel milestone, Climate action, PM-KUSUM, Sustainable developmentNew Delhi: Indiahas achieved a landmark in its energy transition journey by reaching 50 per cent of its installed electricity capacity from non-fossil fuel sources - five years ahead of the target set under its Nationally Determined Contributions (NDCs) to the Paris Agreement, the Ministry of New and Renewable Energy announced on Monday. This significant milestone underscores the country's steadfast commitment to climate action and sustainable development and signals that India's clean energy transition is not only real but also accelerating, the statement said. Union Minister of New and Renewable Energy Pralhad Joshi said, 'In a world seeking climate solutions, India is showing the way. Achieving 50 per cent non-fossil fuel capacity five years ahead of the 2030 target is a proud moment for every Indian. Prime Minister Narendra Modi's leadership continues to drive Bharat's green transformation - paving the path towards a self-reliant and sustainable future.' This achievement reflects the success of visionary policy design, bold implementation, and the country's deep commitment to equity and climate responsibility. Flagship programmes such as PM-KUSUM, PM Surya Ghar: Muft Bijli Yojana, solar park development, and the National Wind-Solar Hybrid Policy have laid a strong foundation for this transformation. The bioenergy sector, which was once on the margins, has now become an important contributor to both rural livelihoods and clean energy generation, the statement explained. The Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan (PM-KUSUM) has empowered lakhs of farmers by providing solar-powered pumps, enabling energy-secure and sustainable agriculture. The scheme has also opened avenues for agrovoltaics and feeder-level solarisation. The PM Surya Ghar scheme, launched in 2024, has brought about a rooftop revolution by making solar energy accessible to one crore households, fostering decentralised energy generation and empowering citizens as energy owners. Solar parks across the country have facilitated utility-scale renewable energy installations at record-low tariffs. Wind energy, particularly in states such as Gujarat and Tamil Nadu, continues to play a vital role in meeting the country's evening peak power demand. The bioenergy sector has advanced considerably, contributing to circular economy objectives and providing significant employment opportunities in rural areas. At international platforms such as the G20 and the Conference of Parties (COP) to the United Nations Framework Convention on Climate Change, India has consistently advocated for climate equity, sustainable lifestyles, and low-carbon development pathways, the statement added. By achieving the 50 per cent non-fossil milestone well ahead of schedule, India further reinforces its leadership as a clean energy frontrunner, demonstrating that economic growth and environmental stewardship can go hand in hand, the statement pointed out. This early achievement provides an opportunity to aim even higher. The next phase of India's energy transition must prioritise quality, equity, and resilience in clean energy access.
Time of India
15-07-2025
- Business
- Time of India
India achieves 50% non-fossil fuel power capacity five years ahead of target
New Delhi: India has achieved 50.08 per cent of its total installed electricity generation capacity from non-fossil fuel sources as of June 30, 2025—five years ahead of the 2030 target set under its Nationally Determined Contributions (NDCs) to the Paris Agreement. According to data released by the Ministry of New and Renewable Energy, India's total installed electricity capacity now stands at 484.82 GW, out of which 242.78 GW is from non-fossil fuel sources, including renewable energy (184.62 GW), large hydro (49.38 GW), and nuclear (8.78 GW). Fossil-based thermal power stands at 242.04 GW. Union Minister for New and Renewable Energy Pralhad Joshi wrote on social media platform X, 'In a world seeking climate solutions, India is showing the way. Achieving 50 per cent non-fossil fuel capacity five years ahead of the 2030 target is a proud moment for every Indian. PM Narendra Modi ji's leadership continues to drive Bharat's green transformation — paving the path towards a self-reliant and sustainable future.' In another post, the minister stated, 'Historic Green Leap for India! India achieves 50 per cent non-fossil fuel capacity — 5 years ahead of its 2030 target. Under the visionary leadership of Prime Minister Narendra Modi, a major climate commitment has been fulfilled. India's total installed power capacity now stands at 484.8 GW, with 242.8 GW coming from non-fossil fuel sources — a powerful testament to our green progress. This is not just a milestone — it's a giant stride towards a greener, cleaner Bharat by 2047.' The ministry attributed this milestone to the implementation of various national programmes, including PM-KUSUM, PM Surya Ghar: Muft Bijli Yojana, solar park schemes, the National Wind-Solar Hybrid Policy, and expanded investments in bioenergy. The Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan has enabled the use of solar pumps and agrovoltaics, while rooftop solar initiatives have reached around one crore households. India's installed electricity capacity by source as on June 30, 2025, is as follows: thermal – 242.04 GW (49.92 per cent), nuclear – 8.78 GW (1.81 per cent), renewable energy – 184.62 GW (38.08 per cent), and large hydro – 49.38 GW (10.19 per cent). The total non-fossil fuel installed capacity of 242.78 GW now marginally exceeds the fossil-based capacity of 242.04 GW. The government stated that this achievement further strengthens India's global position as one of the few G20 countries on track to meet or exceed its climate commitments. India is targeting 500 GW of non-fossil capacity by 2030 and aims to reach net-zero emissions by 2070.>
