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Kotak Mahindra Arm to invest ₹1000cr in Sify’s Data Center biz, RE Assets

A distressed assets focused fund promoted by a Kotak Mahindra Bank arm on Monday announced a Rs 1,000-crore investment in the data centre business of Sify Technologies. The investment in Sify Infinit Spaces will help the company invest up to Rs 4,000 crore in building data centres in Mumbai, Noida, Chennai, Bangalore and Hyderabad and […]

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Beyond Net Zero at 2070. PM Modi Makes Key Promises For India At COP26

Prime Minister Narendra Modi, in his speech at the COP26 Glasgow on November 1, did make a concession to activists demanding a net zero target from India. 2070. If that seems underwhelming (China has a commitment of net zero by 2060), then you might miss the really important part of his promises. The 500 GW […]

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MoP Revises Terms of Reference of NCT to Fast-track ISTS Process

The Ministry of Power (MoP) has revised the terms of reference of National Committee on Transmission (NCT) to fast-track Inter State Transmission System (ISTS) planning and approval process, thereby facilitating renewable energy development and integration in the power system. “As one more step in the series of major reforms being carried out in the power […]

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Manager – Business Finance

Work in the Business Finance Team on driving various Finance & Digitalisation initiatives Roles and Responsibilities:- Drive and Program manage Digitalisation & Finance transformation initiatives along with process / policy changes Work on various finance related process improvement initiatives (Improved Reporting & Forecasting, Financial Analysis etc.) Work on need based financial and operating performance analysis […]

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State Energy Efficiency Index ’20 Out: #1 Karnataka; #2 Rajasthan

Karnataka has ranked no. 1 on the State Energy Efficiency Index (SEEI) 2020 as a result of undertaking various initiatives to upscale energy efficiency in the state, beyond notifications of relevant regulations, said the Ministry of Power. In SEEI 2020, 36 states and union territories have been assessed. Based on their efforts and achievements, states have […]

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India Vows to Take up Climate Justice Combat at COP26

India will be a fighter for climate justice at the upcoming COP26 summit, seeking to make rich nations pay for measures to ease rising temperatures, the country’s Environment Minister said yesterday. And the world’s third-biggest source of greenhouse gases is not yet guaranteeing that it will offer new mitigation efforts at the crucial conference which […]

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Apple Adds 9 GW of Clean Power and Doubles Supplier Commitments

Technology giant Apple has revealed that the company has more than doubled the number of suppliers committed to using 100 percent clean energy over the last year, accelerating progress toward its ambitious 2030 goal to be carbon neutral across its supply chain and products. In total, 175 Apple suppliers will transition to using renewable energy, […]

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IRENA, Climate Investment Funds Partner to Advance Energy Transition

The Climate Investment Funds (CIF) and the International Renewable Energy Agency (IRENA) are joining forces to accelerate investment in clean energy globally as part of a new memorandum of understanding (MoU) signed yesterday during a virtual signing ceremony with CIF CEO Mafalda Duarte and IRENA Director-General Francesco La Camera. Just days ahead of the UN’s […]

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DHI Issues RFP Inviting Bidders for PLI Scheme on ACC Battery Storage

​In a latest development on the National Programme on Advanced Chemistry Cell (ACC) Battery Storage notified earlier, the Ministry of Heavy Industries (MHI) has issued a Request for Proposal (RFP) to invite bidders for setting up greenfield manufacturing facilities under the production-linked incentive (PLI) scheme to promote ACC manufacturing in the country. The programme offers […]

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