Toyota Kirloskar Motor aims to roll out products based on multiple clean technologies while also reinforcing its internal combustion engine based model range to cater to all kinds of emerging customer requirements in the country, according to company's Managing Director Masakazu Yoshimura. Terming India as one of the most important markets for Toyota globally, he noted that the automaker will keep rolling out products based on eco-friendly technologies considering various factors such as the country's energy mix, consumer needs and infrastructure readiness. The automaker, while acknowledging the government support in manufacturing in terms of various schemes like Faster Adoption and Manufacturing of Hybrid and Electric Vehicles (FAME II) and Production Linked Incentive (PLI) schemes, also pitched for a carbon-based taxation system. In an interaction with PTI on the sidelines of the Auto Expo here, Yoshimura noted that the automaker is conscious of the fact that a huge amount of fore
Puri said India is a place where it's not just economies of scale but where "when we do something hundreds and thousands of people will follow"
Green hydrogen is a zero-carbon fuel made by electrolysis, using renewable power from wind and solar to split water into hydrogen and oxygen
India has only a fraction of the raw materials needed to satisfy domestic demand for lithium-ion batteries - forecast by Crisil to grow 100 fold by 2030 - let alone produce on a global scale
Reliance is seeking billions of dollars of investments in India's energy sector and has approached potential investors including Middle Eastern funds, two of the people said
Plan to have four components; domestic manufacturing of electrolysers key focus area
The clean energy journey is going to be a messy one, with plenty of missteps, side turns and dead ends before the destination is reached
Sterling and Wilson Renewable Energy promoters Shapoorji Pallonji and Company and Khurshed Yazdi Daruvala will sell up to one crore equity shares through the offer for sale route at a floor price of Rs 270 per piece on Wednesday and Thursday. Khurshed Yazdi Daruvala proposes to sell up to 30,00,000 equity shares representing 1.58 per cent of the total issued and paid-up Equity Share capital of the Company on December 20 and 21, 2022 at a floor price of Rs 270 per share, a BSE filing showed. Shapoorji Pallonji and Company Private Ltd proposes to sell up to 70,00,000 Equity Shares representing 3.69 per cent of the total issued and paid-up equity share capital of the company on Wednesday and Thursday at Rs 270 per share. The offer for sale is being undertaken to meet the minimum public shareholding norms. Promoters hold around 76.69 per cent stake in the company as of September 2022. Shares of the company declined by 1.87 per cent to close at Rs 283.40 per piece on BSE on Monday.
An International Energy Agency report suggests that New Delhi's action on renewable deployment on the ground pales in front of Europe and China
Scientists in the US on Tuesday claimed to have found the key to tame the unruly power of nuclear fusion - which fuels the sun. But what is nuclear fusion? Can it help us fight climate change?
India could attract close to $10 billion in renewable energy investment in 2023, a bright spot as public markets remain largely shut to big-ticket capital raising, according to Bank of America
MD Vinayak Pai says firm will not deploy its own capital in this space, but will work with customers who are ready to invest in these projects
India plans to build more nuclear power plants to increase the production of clean energy, the government said on Wednesday.
The oceans have caught the attention of climate policymakers, but many of their ideas are too radical
The developed world's energy transition efforts are making the problem worse by moving energy-intensive manufacturing to the developing world
A Business Standard poll shows that the Reserve Bank of India's (RBI's) Monetary Policy Committee (MPC) is likely to announce a 35-basis point (bp) hike in the repo rate on December 7
There was no repeat of the widespread blackouts which plagued many parts of India in late September and early October last year when coal-fired power plants ran short of fuel
Union minister Jitendra Singh said that India is taking steps for the development of Small Modular Reactors (SMR), with up to 300 MW capacity to fulfill its commitment to the Clean Energy transition
Tata Group Chairman Natarajan Chandrasekaran on Tuesday said transition to a cleaner and greener energy is an imperative that no one can wish away and India is well-placed to lead the change. He further said technological advancements have already made and should continue to make such energy transitions more affordable. The future of any business or industry, whether it is consumer facing or not, will be data-driven as the huge advancements in the field of technology has made real-time data availability both much easier as well as cheaper, he added. "The pressure to shift to green/renewable energy only will increase going forward and the transition to cleaner energy is irreversible. But we need more and newer and cleaner energy so that it becomes more affordable. We need to have hydrogen-based energy, electric batteries, storage systems, technology to reuse of industrial waste etc. "All these will be done in our own lifetime but what we need to ensure is that these solutions are mo
India is likely to become a USD 40 trillion economy by 2047 -- a 13-fold jump from its current size -- driven primarily by a clean energy revolution and digitalisation, billionaire Mukesh Ambani said on Tuesday. Ambani's estimate for the Indian economy, currently the fifth largest in the world behind only the US, China, Japan and Germany, is more optimistic than Asia's richest man Gautam Adani, who last week stated that India will become a USD 30 trillion economy by 2050 on back of rising consumption and socio-economic reforms. "From a 3 trillion-dollar economy, India will grow to become a 40 trillion-dollar economy by 2047, ranking among the top three economies of the world," Ambani said at the 10th convocation of Pandit Deendayal Energy University here. As the 'Amrit Kaal' -- the period between now and 2047 when India will be celebrating 100 years of independence -- unfolds, the country will witness an unprecedented explosion in economic growth and opportunities, he asserted. "Th