Centre to apply PLI scheme for green hydrogen

Union Minister for New and Renewable Energy RK Singh informed that Centre may come up with production linked incentive (PLI) scheme for green hydrogen. Speaking at the third edition of CII’s ‘AatmaNirbhar Bharat in Renewable Energy’ conference, the minister said that the incentive would be required only for the initial green hydrogen projects in the

SECI and HPCL sign MoU to fulfill government’s ambitions of carbon-neutral economy

Hindustan Petroleum Corporation Limited (HPCL) and Solar Energy Corporation of India Limited (SECI) have signed a Memorandum of Understanding (MoU) to collaboratively work in the field of renewable energy, electric mobility, and alternative fuels including the development of ESG Projects. This is in line with the government’s vision of a carbon-neutral economy by 2070. The

India’s flex-fuel push will fire booster cylinders of Indian Economy

India’s proper reform minister Nitin Gadkari is on a spree. The Union Road Transport and Highways minister on Monday announced that his ministry is going to issue an order directing carmakers to introduce Flex-fuel, or flexible fuel, engines. Gadkari said, “To reduce import of fossil fuels, I am going to sign a file in the

Union Budget 2022: Towards a Greener Economy

Driving inspiration from the Prime Minister’s words on NetZero 2070, the 2022 Union Budget continued the trend of India’s public expenditure being increasingly greener, with a slew of measures focusing on green energy, renewables, and electric vehicles. The 2022 Union Budget, for its ambitious clean energy financing needs, unveils Sovereign Green Bonds, which will majorly