Unlocking Indian solar industry’s potential

Unlocking Indian solar industry’s potential

Globalisation has led to a rapidly growing demand for energy, which has resulted in an extremely high consumption of power across continents. By 2040, a growing economy like India is expected to consume as much as 15,280 terawatt hour (TWh) of electricity, a requirement that cannot be met through conventional sources of energy.

Green projects hit but 60% of Rs 1L cr in coal cess sits idle

Green projects hit but 60% of Rs 1L cr in coal cess sits idle

More than 60% of the Rs 1 lakh crore collected through carbon tax on coal remains unutilised seven years after the levy was imposed to fund green energy transition, while transmission projects for upcoming solar and wind power units worth Rs 40,000 crore struggle to keep tariffs low in the absence of viability funding support.