29 OCT 2026-Renewables
India’s 2030 Green Goals Need Over $220B: MNRE
According to MNRE, India requires over $220 billion by 2030 across solar, wind, transmission, and hydrogen to meet green targets.
All content tagged with “Investment” - 45 items
According to MNRE, India requires over $220 billion by 2030 across solar, wind, transmission, and hydrogen to meet green targets.
India needs $220 billion in domestic and foreign investments to reach its 500 GW renewable energy target by 2030, according to MNRE Secretary Sarangi
Coal India awarded a ₹1,073.74 crore Battery Energy Storage System project in Telangana to Pace Digitek, the lowest among 11 bidders.
Bihar seeks to turn its evolving energy landscape into a driver of economic growth, with solarisation, smart metering, agricultural feeder modernisation, and stronger distribution networks as key priorities. The state is also looking to deepen industry participation across its energy ecosystem. In an exclusive interview with ENERGDIVE, Shailesh Kumar, Bihar’s Energy Minister, outlines the state’s energy ambitions, investment opportunities, and development priorities.
As India accelerates its renewable energy transition, Renewable Energy India (REI) Expo 2026 comes at a pivotal moment for the industry. Organised by Informa Markets India, the 19th edition brings together renewable energy, storage, manufacturing and global technology players. Julian Thomas, Portfolio Director – Energy & Battery Sector, Informa Markets India Pvt Ltd, discusses REI’s evolution, global partnerships, and the opportunities ahead.
The country’s Battery Energy Storage System (BESS) market is expanding faster than its domestic cell manufacturing base. The next challenge is turning announced capacity into competitive, reliable and bankable battery supply.
Grauer & Weil India Limited and RENA Technologies have signed a Memorandum of Understanding to form a joint venture in India.
KKR allocates over $600 million to Petronas's Indian renewable platform to support solar, wind, green hydrogen projects, and debt repayment.
Emmvee’s H1 FY27 revenue grew 45.1% to ₹3,131.9 crore, with profits up 79.1% to ₹762.3 crore.
External Affairs Minister S Jaishankar met UAE's Deputy PM Sheikh Abdullah in Abu Dhabi to review strategic ties, expanding cooperation in trade, energy, and security.
Shakti Pumps has invested ₹10 crore in its wholly-owned subsidiary to set up a 2.20 GW solar DCR cell and solar PV module manufacturing unit in Madhya Pradesh, amid the fall in shares by 0.34 percent
Home Minister and Minister of Cooperation Amit Shah has inaugurated India's first LNG-powered train at Sabarmati Railway Station in Ahmedabad. This event is a part of the railway development project, worth Rs. 1,472 crores aimed at sustainability in energy, safety, and infrastructure.
Hartek Singh’s appointment is expected to aid the mission of IEEMA in improving India’s electrical sector and international competitiveness.
ReNew and Anakapalli district signed an MoU for Project Surya to train 300 women and youth for clean energy jobs.
Ceigall India commissioned a 5 MW solar plant in Maharashtra via subsidiary Ceigall Green Energy
Samik Bhattacharya called oil extraction at ONGC’s Ashoknagar site a major milestone for West Bengal, highlighting his years of support.
Adani Power has initiated construction on a 3.2 GW ultra-supercritical coal plant in Assam, India.
India and Japan have signed a strategic energy cooperation agreement to enhance petroleum reserve ecosystems, maritime energy transport, and emergency response coordination while deepening collaboration under the India-Japan Energy Dialogue.
India and Japan have unveiled a strategic roadmap centred on energy security, resilient supply chains, critical minerals, AI and emerging technologies amid growing geopolitical and trade uncertainties.
SK Sinha has assumed charge as Director (Finance) at GAIL, bringing over 30 years of experience in corporate finance and financial management.
Suzlon has won a 105 MW wind energy order from Sunsure Energy, marking the commercial rollout of its newly launched S175 wind turbine. The project involves the supply, installation, commissioning, and maintenance of 21 turbines at a site in Karnataka.
NLC India Renewables Ltd and OREDA have formed a joint venture to develop 1,000 MW of renewable energy capacity in Odisha, with plans to expand into energy storage and green hydrogen.
Hindustan Petroleum Corporation Ltd (HPCL) has appointed Srividya Venkataraman as Director (Finance), bringing three decades of experience in financial strategy, treasury management and corporate planning
Solarium Green Energy has secured a ₹186.53 crore EPC contract for a 50 MW AC solar project in Maharashtra, expanding its presence in utility-scale renewable energy infrastructure.
India and the UK have launched an Offshore Wind Taskforce to strengthen policy design, financing and supply chains, supporting early projects under the VGF scheme and advancing India’s offshore wind ecosystem.
US President Donald Trump announced a Texas refinery project linked to Reliance Industries and described it as a “$300 billion deal” in a social media post.
Odisha received renewable energy investment commitments worth ₹67,000 crore to develop 6.8 GW of capacity at the third Odisha Renewable Energy Investor Conclave 2026.
India plans to build 60.63 GW of energy storage capacity by 2029-30, led by pumped storage and battery systems, as part of efforts to integrate rising renewable power.
Government outlines production incentives, transmission waivers and renewable reforms to bring down green hydrogen costs as India targets 5 million tonnes annual output by 2030 under National Green Hydrogen Mission.
Prime Minister Narendra Modi said India’s energy sector offers $500 billion in investment opportunities, as the country shifts from energy security to energy independence.
India used World Economic Forum, Davos 2026 to reinforce investor confidence in its renewable energy transition, highlighting opportunities in solar, wind, hydrogen and energy storage.
India Energy Week 2026 in Goa will bring global energy leaders together to discuss energy security, investment flows and scalable decarbonisation pathways, Petroleum Minister Hardeep Singh Puri said.
The Petroleum Ministry promoted upcoming upstream bid rounds and financing reforms to attract domestic and global investment into oil and gas exploration.
Uttar Pradesh signed clean energy MoUs worth over ₹8,800 crore at WEF Davos 2026 for waste-to-energy and compressed biogas projects to expand its circular energy economy.
Engineers India Ltd has signed a $350 million contract with Nigeria’s Dangote Group to expand its refinery capacity from 650,000 bpd to 1.4 million bpd.
India and Germany expanded cooperation on renewable energy, green hydrogen, storage and clean energy manufacturing, backed by new funding commitments during Chancellor Friedrich Merz’s visit.
Union Minister Pralhad Joshi said India’s energy transition is guided by equity, inclusion and policy stability, as the country’s long-term vision is anchored in the principle of ‘Vasudhaiva Kutumbakam’.
Arunachal Pradesh Deputy CM Chowna Mein said HPCL’s residue upgradation facility at Vizag refinery strengthens India’s energy security and improves refining efficiency.
India must accelerate domestic manufacturing of batteries, equipment and advanced EV technologies to improve export competitiveness and move up the global EV value chain, NITI Aayog said.
Union Minister Manohar Lal Khattar said India’s record energy savings and emissions reduction underline the need for coordinated, people-led climate action, citing Andhra Pradesh’s renewable and efficiency initiatives as a model.
The government has awarded electrolyser manufacturing and green hydrogen production capacities under incentive schemes as part of efforts to reduce green hydrogen costs.
Power Minister Manohar Lal said AI and machine learning applications will be central to improving efficiency reliability and consumer engagement in power distribution.
MNRE has clarified that no advisory has been issued to pause renewable energy financing, while urging lenders to adopt a calibrated approach across the solar manufacturing value chain.
The race to decarbonise power systems in India and its neighbourhood is no longer just about adding gigawatts of solar and wind. It is about whether markets, standards, finance and skills can keep up with the technology and whether regional