Sustainable Development Archives - Fuels of the Future Conference 2025 https://fuelsofthefuture.com/tag/sustainable-development/ Unlocking Business Opportunities | Navigating Energy Transition Mon, 13 Oct 2025 05:36:45 +0000 en-US hourly 1 https://wordpress.org/?v=6.8.3 https://fuelsofthefuture.com/wp-content/uploads/2025/03/cropped-Untitled-design-2025-03-04T102518.205-32x32.png Sustainable Development Archives - Fuels of the Future Conference 2025 https://fuelsofthefuture.com/tag/sustainable-development/ 32 32 Saatvik Green Energy to Invest ₹31.5 Billion in Odisha Solar Manufacturing Facility https://fuelsofthefuture.com/2025/10/13/saatvik-green-energy-to-invest-%e2%82%b931-5-billion-in-odisha-solar-manufacturing-facility/ https://fuelsofthefuture.com/2025/10/13/saatvik-green-energy-to-invest-%e2%82%b931-5-billion-in-odisha-solar-manufacturing-facility/#respond Mon, 13 Oct 2025 05:36:42 +0000 https://fuelsofthefuture.com/?p=2252 Saatvik Green Energy, has announced plans to invest ₹31.5 billion in establishing a large-scale solar manufacturing facility in Odisha. The announcement was made following the signing of a memorandum of understanding (MoU) with the Odisha government on October 10, 2025.

The post Saatvik Green Energy to Invest ₹31.5 Billion in Odisha Solar Manufacturing Facility appeared first on Fuels of the Future Conference 2025.

]]>
Saatvik Green Energy, one of India’s leading solar module manufacturers, has announced plans to invest ₹31.5 billion in establishing a large-scale solar manufacturing facility in Odisha. The announcement was made following the signing of a memorandum of understanding (MoU) with the Odisha government on October 10, 2025.

The upcoming facility will be located in Khordha district and is expected to create significant employment opportunities while strengthening India’s domestic solar manufacturing ecosystem. Saatvik Green Energy aims to develop a fully integrated plant, covering wafer, cell, and module production, with an initial capacity of 2 GW, scalable in subsequent phases based on market demand and policy support.

According to company officials, the investment aligns with India’s national goal of achieving 500 GW of renewable energy capacity by 2030 and supports the government’s Atmanirbhar Bharat initiative to reduce dependence on imported solar equipment. Odisha, with its growing industrial infrastructure and renewable-friendly policies, is emerging as a strategic hub for clean energy investment.

Saatvik’s new facility will not only boost local manufacturing but also contribute to India’s export potential in solar components. The project’s construction is expected to begin in early 2026, with commercial operations targeted within two years.

This move follows a broader industry trend of accelerating domestic solar manufacturing, driven by production-linked incentives (PLI) and rising global demand for sustainable energy solutions.

Once operational, the plant is expected to play a pivotal role in enhancing India’s solar supply chain resilience and supporting the country’s transition toward a greener, more self-reliant energy future.

Source: PowerLine.com

The post Saatvik Green Energy to Invest ₹31.5 Billion in Odisha Solar Manufacturing Facility appeared first on Fuels of the Future Conference 2025.

]]>
https://fuelsofthefuture.com/2025/10/13/saatvik-green-energy-to-invest-%e2%82%b931-5-billion-in-odisha-solar-manufacturing-facility/feed/ 0
Ceigall India Shares Jump 5% After ₹712 Crore Solar Power Project Win https://fuelsofthefuture.com/2025/10/06/ceigall-india-shares-jump-5-after-%e2%82%b9712-crore-solar-power-project-win/ https://fuelsofthefuture.com/2025/10/06/ceigall-india-shares-jump-5-after-%e2%82%b9712-crore-solar-power-project-win/#respond Mon, 06 Oct 2025 06:17:48 +0000 https://fuelsofthefuture.com/?p=2248 Ceigall India Ltd’s shares surged nearly 5% on Monday, after the company announced securing a ₹712-crore solar power project. The rally came as investors cheered the firm’s growing presence in the renewable energy sector and its efforts to diversify beyond traditional infrastructure projects. According to an exchange filing, Ceigall India bagged the Engineering, Procurement, and Construction (EPC)contract for a large-scale solar power project.

The post Ceigall India Shares Jump 5% After ₹712 Crore Solar Power Project Win appeared first on Fuels of the Future Conference 2025.

]]>
Ceigall India Ltd’s shares surged nearly 5% on Monday, after the company announced securing a ₹712-crore solar power project. The rally came as investors cheered the firm’s growing presence in the renewable energy sector and its efforts to diversify beyond traditional infrastructure projects.

According to an exchange filing, Ceigall India bagged the Engineering, Procurement, and Construction (EPC)contract for a large-scale solar power project. The development marks a major step in the company’s push toward sustainable and clean-energy initiatives, aligning with India’s broader renewable energy goals.

Ceigall India, known primarily for its road and highway projects, has been expanding into green energy and power generation segments. The latest project reinforces its strategic shift and positions the company to capture a share of India’s fast-growing solar market, which continues to attract record investments due to supportive government policies and rising corporate demand for clean power.

Market analysts said the order win not only boosts Ceigall’s revenue visibility for the coming quarters but also improves investor sentiment toward the stock. “The project win underscores Ceigall’s execution strength and growing foothold in the renewable energy EPC space,” said one analyst.

With the company now diversifying its portfolio, Ceigall India’s renewable segment could become a key growth driver. The broader solar sector remains buoyed by India’s push to achieve 500 GW of non-fossil fuel capacity by 2030, making Ceigall’s latest milestone a timely and strategic expansion.

The post Ceigall India Shares Jump 5% After ₹712 Crore Solar Power Project Win appeared first on Fuels of the Future Conference 2025.

]]>
https://fuelsofthefuture.com/2025/10/06/ceigall-india-shares-jump-5-after-%e2%82%b9712-crore-solar-power-project-win/feed/ 0
India-Japan Semiconductor and Green Energy Collaboration https://fuelsofthefuture.com/2025/09/24/india-japan-semiconductor-and-green-energy-collaboration/ https://fuelsofthefuture.com/2025/09/24/india-japan-semiconductor-and-green-energy-collaboration/#respond Wed, 24 Sep 2025 06:45:55 +0000 https://fuelsofthefuture.com/?p=2237 India and Japan are rapidly expanding cooperation in semiconductors and green energy.
New projects and multibillion-dollar investments aim at supply chain resilience and clean transitions.
Japan’s technology and capital complement India’s drive for self-reliance and sustainability.
Despite political uncertainty in Tokyo, the partnership’s institutional base ensures continuity.

The post India-Japan Semiconductor and Green Energy Collaboration appeared first on Fuels of the Future Conference 2025.

]]>
The India-Japan partnership has entered a new phase of cooperation in semiconductor manufacturing and green energy, marked by major investments, bilateral agreements, and technology collaborations. Prime Minister Narendra Modi’s August 2025 visit to Japan has set the stage for long-term strategic cooperation in these sectors.

Semiconductor Expansion in India

India’s semiconductor sector is witnessing rapid growth. In August 2025, the government approved four additional projects, raising the total to 10 initiatives worth $18.23 billion. These projects span Odisha, Punjab, Andhra Pradesh, Gujarat, and Assam, focusing on chip fabrication, 3D packaging, compound semiconductors, and outsourced semiconductor assembly and testing (OSAT).

Japan’s role in this expansion is significant. During Modi’s Tokyo visit, Japanese investment commitments were doubled to nearly 10 trillion yen ($68 billion) over the next decade. Partnerships are underway, with Renesas Electronicsadvancing an OSAT facility in Gujarat and Panasonic supplying materials for joint ventures. On September 2, India unveiled its first domestically manufactured semiconductor chip at the SEMICON conference, with commercial readiness expected by the end of 2025. Meanwhile, Tokyo Electron has opened a new development hub in Bengaluru to support joint research and equipment design.

Green Energy Collaboration

The partnership also extends to clean energy, with sectoral working groups aligning on hydrogen production, renewable energy integration, and regulatory standards. The cooperation highlights shared priorities in cutting carbon emissions while opening new avenues for industrial growth and sustainable technology adoption.

Political Context in Japan

Amid speculation over Japanese Prime Minister Ishiba’s possible resignation, questions have arisen about the continuity of commitments. However, analysts note that the partnership is anchored in formal frameworks and multiyear agreements, including the India-Japan Dialogue on Economic Security, ensuring stability beyond leadership changes.

Looking Ahead

By strengthening supply chain resilience in semiconductors and advancing renewable energy initiatives, India and Japan are positioning themselves as key players in Asia’s technology and energy transformation. Despite political uncertainties, the institutional depth of the relationship suggests the cooperation will remain on track, shaping the future of the Indo-Pacific economy.

Source: www.indianarrative.com

The post India-Japan Semiconductor and Green Energy Collaboration appeared first on Fuels of the Future Conference 2025.

]]>
https://fuelsofthefuture.com/2025/09/24/india-japan-semiconductor-and-green-energy-collaboration/feed/ 0
Hydrogen power plant to be set up on Bengaluru outskirts https://fuelsofthefuture.com/2025/09/19/hydrogen-power-plant-to-be-set-up-on-bengaluru-outskirts/ https://fuelsofthefuture.com/2025/09/19/hydrogen-power-plant-to-be-set-up-on-bengaluru-outskirts/#respond Fri, 19 Sep 2025 09:30:22 +0000 https://fuelsofthefuture.com/?p=2228 Bengaluru will soon have a hydrogen power plant on its outskirts, with the state government giving the green signal for the project.

The post Hydrogen power plant to be set up on Bengaluru outskirts appeared first on Fuels of the Future Conference 2025.

]]>
Bengaluru will soon have a hydrogen power plant on its outskirts, with the state government giving the green signal for the project. The plant, which is expected to be the first of its kind in Karnataka, will be developed in collaboration with private players to promote clean and renewable energy.

Officials said the project is aimed at reducing carbon emissions and dependence on conventional fossil fuels. The initiative is also expected to generate new employment opportunities and boost the state’s green energy capacity.

According to sources, land has already been identified for the project, and work is likely to begin in the coming months. The government believes the hydrogen power plant will play a crucial role in achieving Karnataka’s renewable energy targets and contribute to the nation’s overall sustainability goals.

Source: www.newindianexpress.com

The post Hydrogen power plant to be set up on Bengaluru outskirts appeared first on Fuels of the Future Conference 2025.

]]>
https://fuelsofthefuture.com/2025/09/19/hydrogen-power-plant-to-be-set-up-on-bengaluru-outskirts/feed/ 0
Jakson Group to Invest ₹100 Cr in Distributed Energy, Eyes $1 Billion Revenue by 2030 https://fuelsofthefuture.com/2025/09/18/jakson-group-to-invest-%e2%82%b9100-cr-in-distributed-energy-eyes-1-billion-revenue-by-2030/ https://fuelsofthefuture.com/2025/09/18/jakson-group-to-invest-%e2%82%b9100-cr-in-distributed-energy-eyes-1-billion-revenue-by-2030/#respond Thu, 18 Sep 2025 11:31:47 +0000 https://fuelsofthefuture.com/?p=2225 Jakson Group, one of India’s leading names in the energy sector, has announced a major investment of ₹100 crore in its distributed energy business. The move reflects India’s growing shift towards clean energy solutions while complementing traditional oil & gas and bitumen markets that continue to drive infrastructure.

The post Jakson Group to Invest ₹100 Cr in Distributed Energy, Eyes $1 Billion Revenue by 2030 appeared first on Fuels of the Future Conference 2025.

]]>
Jakson Group, one of India’s leading names in the energy sector, has announced a major investment of ₹100 crore in its distributed energy business. The move reflects India’s growing shift towards clean energy solutions while complementing traditional oil & gas and bitumen markets that continue to drive infrastructure.

The new investment will accelerate projects in solar rooftops, hybrid power systems, battery energy storage (BESS), and genset-based solutions, offering industries and commercial users cost-efficient and sustainable energy options.

With this strategy, Jakson is positioning itself to reach $1 billion in revenue by 2030, tapping into the rising demand for decentralized and reliable energy systems. The group highlighted that distributed energy will play a key role in supporting India’s net-zero ambitions, ensuring resilient power supply alongside conventional energy sources.

For stakeholders in the oil, gas, and bitumen industries, this development signals a broader transformation in India’s energy mix, where conventional fuels continue to be critical but are increasingly complemented by renewable and distributed energy technologies.

Jakson’s bold investment reinforces its long-term vision of innovation, sustainability, and leadership in India’s evolving energy landscape.

Source: energy.economictimes.indiatimes.com

The post Jakson Group to Invest ₹100 Cr in Distributed Energy, Eyes $1 Billion Revenue by 2030 appeared first on Fuels of the Future Conference 2025.

]]>
https://fuelsofthefuture.com/2025/09/18/jakson-group-to-invest-%e2%82%b9100-cr-in-distributed-energy-eyes-1-billion-revenue-by-2030/feed/ 0
New biofuel policy to be implemented soon in Karnataka: KSBDB chief https://fuelsofthefuture.com/2025/08/25/new-biofuel-policy-to-be-implemented-soon-in-karnataka-ksbdb-chief-2/ https://fuelsofthefuture.com/2025/08/25/new-biofuel-policy-to-be-implemented-soon-in-karnataka-ksbdb-chief-2/#respond Mon, 25 Aug 2025 09:55:58 +0000 https://fuelsofthefuture.com/?p=2164 Gadag: Karnataka State Bioenergy Development Board (KSBDB) chairman SE Sudheendra stated that all preliminary activities for the formulation of a new biofuel policy in the state have already been completed.

The post New biofuel policy to be implemented soon in Karnataka: KSBDB chief appeared first on Fuels of the Future Conference 2025.

]]>
Gadag: Karnataka State Bioenergy Development Board (KSBDB) chairman SE Sudheendra stated that all preliminary activities for the formulation of a new biofuel policy in the state have already been completed. The new biofuel policy will be announced soon by the state govt, and guidelines for its implementation have already been prepared.

Inaugurating the Sadbhavana Day, Renewable Energy Day, and World Biofuel Day celebrations, organised by KSBDB at the Rural Development University on Wednesday, Sudhindra explained that an investment of over Rs 1 lakh crore is expected in the biofuel sector over the next five years. “This will create over three lakh direct and indirect jobs, increase the income of farmers’ families, and provide encouragement to young entrepreneurs. The coming five years will be crucial for the development of the biofuel sector in Karnataka,” he asserted.

Sadbhavana Day and Renewable Energy Day are celebrated to highlight the advancements in science, technology, information, and life sciences in the 21st century advancements in science, technology, information, and life sciences in the 21st century. The main aim of Renewable Energy Day is to raise awareness and consciousness about national unity, social harmony, and tolerance among people. It primarily focuses on educating students about renewable energy.

On this World Biofuel Day, the KSBDB has already been successfully implementing awareness programmes about biofuels in the state. In the current scenario, the enhancement and commercialisation of the biofuel sector are essential. Various states are leading in biofuel production, and the board must also formulate plans in this direction, he said.

Gadag deputy conservator of forests Santosh Kenchappannavar mentioned that the country has seen the Green Revolution and White Revolution. Now, the biofuel revolution will complement the country’s development. Previously, importance was given only to fuels produced from trees and plants. Recently, ethanol production from sugarcane has increased. Electricity is being generated from raw material obtained by burning sugarcane waste. The increased production of biofuel from sugar factories is strengthening the energy sector.

Reference : https://timesofindia.indiatimes.com/city/hubballi/new-biofuel-policy-to-be-implemented-soon-in-karnataka-ksbdb-chief/articleshow/123415557.cms?utm_

The post New biofuel policy to be implemented soon in Karnataka: KSBDB chief appeared first on Fuels of the Future Conference 2025.

]]>
https://fuelsofthefuture.com/2025/08/25/new-biofuel-policy-to-be-implemented-soon-in-karnataka-ksbdb-chief-2/feed/ 0
EV, hotel and green energy projects get Odisha government’s nod https://fuelsofthefuture.com/2025/08/21/ev-hotel-and-green-energy-projects-get-odisha-governments-nod/ https://fuelsofthefuture.com/2025/08/21/ev-hotel-and-green-energy-projects-get-odisha-governments-nod/#respond Thu, 21 Aug 2025 09:43:32 +0000 https://fuelsofthefuture.com/?p=2114 In the EV sector, Sanaka Auto Corp Ltd has proposed to invest Rs 300 crore in an EV manufacturing plant in Khurda to produce 10,000 units a year. The investment will create 145 jobs.

The post EV, hotel and green energy projects get Odisha government’s nod appeared first on Fuels of the Future Conference 2025.

]]>
BHUBANESWAR : The state-level single window clearance authority (SLSWCA) headed by chief secretary Manoj Ahuja on Wednesday cleared 18 industrial projects worth Rs 4,515 crore in eight districts.

The proposed projects spanning across diverse sectors including green energy and green hydrogen, biofuel, pharmaceuticals, tourism and hospitality, EV, food and beverages besides steel and downstream will come up in Angul, Dhenkanal, Ganjam, Jajpur, Jagatsinghpur, Khurda, Sundargarh and Jharsuguda districts, and generate 8,200 jobs.

In the EV sector, Sanaka Auto Corp Ltd has proposed to invest Rs 300 crore in an EV manufacturing plant in Khurda to produce 10,000 units a year. The investment will create 145 jobs.

A Raipur-based green energy equipment manufacturing company will set up a 2 GW solar cell manufacturing unit in Ganjam with an investment of Rs 750 crore, creating 515 jobs.

While INOX Solar Ltd will set up a 5 GWh battery energy storage system (BESS) assembly plant in Dhenkanal with an investment of `283 crore, Jindal Stainless Ltd will establish a green hydrogen manufacturing unit in Jajpur with an investment of Rs 90 crore.

Similarly, Gravita India Ltd will invest Rs 350 crore in a comprehensive recycling unit in Angul for manufacturing refined lead, alloys and PP granules. Betabuilds Technologies Pvt Ltd will establish a steel processing unit with an investment of Rs 131.55 crore for ERW pipes, PEB manufacturing and HR coil slitting.

Odisha tourism is set for a significant boost with three hotel projects worth over Rs 363 crore getting the SLSWCA nod. Orissa Stevedores Ltd has proposed to set up a five-star hotel in Paradip with an investment of Rs 211 crore. Similarly, Padma Hospitality Pvt Ltd and SNM Hotels & Resorts Pvt Ltd will develop a three-star hotel and four-star hotel and resort facility with an investment of Rs 59.91 crore and Rs 92.32 crore, respectively in Jagatsinghpur.

Konark Ispat Ltd will expand its capacity by adding a 0.35 MTPA rolling mill, 0.6 MTPA pellet plant, 70 MW captive power plant, 0.54 MTPA DRI plant and 0.50 MTPA billet plant in Jharsuguda, with an investment of Rs 990 crore.

In the IT sector, Shreetech Data Ltd will develop a hyperscale data centre facility with an investment of Rs 501 crore and West Edge Data Centres Pvt Ltd will invest Rs 50.5 crore for a data centre and satellite internet services unit in Khurda.

Among others, Vibrant Spirits Pvt Ltd will set up a compressed biogas unit with a capacity of 4,000 MTPA in Sundargarh at an investment of Rs 50 crore, Shree Jagannath Carriers Pvt Ltd will set up a logistics park and warehousing facility in Angul with an investment of Rs 111.9 crore and Sapient Resources Pvt Ltd will establish coal washery project in Angul with an investment of Rs 70 crore.

Starcaps Global LLP will set up a pharmaceutical unit in Khurda. The project will involve an investment of Rs 80 crore.


Reference : https://www.newindianexpress.com/cities/bhubaneswar/2025/Aug/21/ev-hotel-and-green-energy-projects-get-odisha-governments-nod?utm_

The post EV, hotel and green energy projects get Odisha government’s nod appeared first on Fuels of the Future Conference 2025.

]]>
https://fuelsofthefuture.com/2025/08/21/ev-hotel-and-green-energy-projects-get-odisha-governments-nod/feed/ 0
Solar energy transforms remote villages in Gumla district https://fuelsofthefuture.com/2025/08/20/solar-energy-transforms-remote-villages-in-gumla-district/ https://fuelsofthefuture.com/2025/08/20/solar-energy-transforms-remote-villages-in-gumla-district/#respond Wed, 20 Aug 2025 09:46:45 +0000 https://fuelsofthefuture.com/?p=2111 Gumla: Solar power has illuminated many dark habitations in remote, challenging terrains and hamlets in the hinterland now. Important public places also have high-mast solar lights.

The post Solar energy transforms remote villages in Gumla district appeared first on Fuels of the Future Conference 2025.

]]>
Gumla: Solar power has illuminated many dark habitations in remote, challenging terrains and hamlets in the hinterland now. Important public places also have high-mast solar lights. This became possible after a massive transformation was undertaken in the solar energy sector of the district by the administration in the last two years.

These solar-powered villages are inhabited by PVTGs, and the tough, undulating topography made the traditional electricity connection next to impossible. Given the situation, the district administration took up a special initiative for solar power, and it has become a boon for these tribal communities.

Talking to TOI on Tuesday, Gumla district planning officer Raman Kumar said, “Over 1,848 solar street lights have been installed in PVTG and other villages, while 153 high-mast solar lights have been installed at important public places across the district.”

Three main rural locations — Manjirapath in Bishunpur block, Jalhan-Sarango in Ghaghra block, and Naktijharia-Kobja in Raidihi block — now have mini solar power grids of 20 KWP, 10 KWP and 25 KWP, respectively, Kumar said.

Moreover, nine villages of the district have been selected as solar model villages for the PM Surya Ghar Muft Bijli Yojna of the Centre’s new and renewable energy ministry. Among these villages are Bargaon, Nagar, and Sisai in Sisai block, Bharno in Bharno block, Fasia and Pugu in the sadar block, Chainpur in Chainpur block, and Navagarh in Raidih block.

“These nine villages have 12,981 households and a total population of 62,267 people,” Kumar said, adding that a time frame has been set to implement the scheme and a committee chaired by the DC would oversee the execution of the Centre’s ambitious scheme.

The initiative for solar power started during the tenure of former Gumla DC Karn Satyarthi, and the projects were executed by the Jharkhand Renewable Energy Development Authority.

Reacting to the initiative, Jyoti Behar Devi of Majhgaon village said, “The hilly regions have now electricity from solar lights for the first time.”

Kamla Kacchap of PVTG-inhabited Narma panchayat in Bishunpur block also told TOI, “Our panchayat now has solar street light at the thoroughfares. We feel safe while moving around at night, and sometimes villagers hold meetings under the solar light.”Our panchayat has nine revenue villages and 22 hamlets, all located in Netarhat Plateau’s tough terrain.”

The post Solar energy transforms remote villages in Gumla district appeared first on Fuels of the Future Conference 2025.

]]>
https://fuelsofthefuture.com/2025/08/20/solar-energy-transforms-remote-villages-in-gumla-district/feed/ 0
Workshop to upskill green workforce in renewable energy https://fuelsofthefuture.com/2025/08/07/workshop-to-upskill-green-workforce-in-renewable-energy/ https://fuelsofthefuture.com/2025/08/07/workshop-to-upskill-green-workforce-in-renewable-energy/#respond Thu, 07 Aug 2025 07:39:38 +0000 https://fuelsofthefuture.com/?p=2096 With Andhra Pradesh taking the lead in contributing 160 gigawatt of renewable energy to the national target of 500 gigawatt, the state govt has initiated another effort to upskill the green workforce to create a talent hub in the sector.

The post Workshop to upskill green workforce in renewable energy appeared first on Fuels of the Future Conference 2025.

]]>
Vijayawada: With Andhra Pradesh taking the lead in contributing 160 gigawatt of renewable energy to the national target of 500 gigawatt, the state govt has initiated another effort to upskill the green workforce to create a talent hub in the sector. A workshop is being held with 250 industry leaders, key development partners, and govt leadership on Wednesday to prepare a roadmap for skilling youth in solar and wind energy technologies.

The workshop — titled ‘Empowering India’s Green Future: Andhra Pradesh as the Talent Hub for Solar and Wind Energy’ — will be attended by IT and HRD minister Nara Lokesh, and energy minister Gottipati Ravi Kumar. The event is being organised by Swaniti Initiative in partnership with Andhra Pradesh State Skill Development Corporation (APSSDC).

The workshop aims to chart a roadmap for demand-driven, industry-aligned workforce development. A green skilling taskforce in the private sector will be launched to ensure Andhra’s talent pool is strategically positioned for national and international clean energy deployment. The sessions with experts will also discuss how to integrate tribal youth, women-led self-help groups, and green micro-entrepreneurs into the renewable energy economy. The outcomes of the conference will be fed directly into the upcoming green skill development roadmap for AP.

Reference : https://timesofindia.indiatimes.com/city/vijayawada/workshop-to-upskill-green-workforce-in-renewable-energy/articleshow/123124080.cms?utm_

The post Workshop to upskill green workforce in renewable energy appeared first on Fuels of the Future Conference 2025.

]]>
https://fuelsofthefuture.com/2025/08/07/workshop-to-upskill-green-workforce-in-renewable-energy/feed/ 0
Govt signs MoUs worth Rs5k cr to develop 2,357MW green power https://fuelsofthefuture.com/2025/07/28/govt-signs-mous-worth-rs5k-cr-to-develop-2357mw-green-power/ https://fuelsofthefuture.com/2025/07/28/govt-signs-mous-worth-rs5k-cr-to-develop-2357mw-green-power/#respond Mon, 28 Jul 2025 07:41:00 +0000 https://fuelsofthefuture.com/?p=2060 In a major push for clean energy, the state energy department on Saturday signed four memorandums of understanding (MoUs) with prominent power companies engaged in renewable energy and pumped storage to develop 2,357MW of green power, involving an estimated investment of Rs 5,337 crore.

The post Govt signs MoUs worth Rs5k cr to develop 2,357MW green power appeared first on Fuels of the Future Conference 2025.

]]>
In a major push for clean energy, the state energy department on Saturday signed four memorandums of understanding (MoUs) with prominent power companies engaged in renewable energy and pumped storage to develop 2,357MW of green power, involving an estimated investment of Rs 5,337 crore.

The MoUs were formalised during the launch of two ambitious policies — the Bihar Policy for Promotion of New & Renewable Energy Sources 2025 and the Bihar Policy for Promotion of Pumped Storage Project 2025 — at an event held at Gyan Bhawan. These policies are aimed at fostering green energy development and attracting major investment into the sector.

The renewable energy policy is expected to unlock massive opportunities in solar, wind, biomass, and newer technologies like green hydrogen and pumped storage systems.

Energy minister Bijendra Prasad Yadav formally launched the two policies in the presence of industries minister Nitish Mishra, additional chief secretary of the industries department Mihir Kumar Singh, energy secretary Manoj Kumar Singh, and the managing director of Bihar State Power Generation Company Ltd (BSPGCL) Mahendra Kumar. Several industry leaders and public sector representatives were also present.

Among the MoUs signed, the BSPGCL partnered with L&T to establish a 116MW/241 MWh battery energy storage project at Kajra in Lakhisarai with an investment outlay of Rs 837 crore. It also signed an MoU with NTPC Green to develop a 1,000MW battery energy storage system (BESS) with an estimated cost of Rs 1,500 crore.

Separately, the Bihar Renewable Energy Development Agency (BREDA) inked an MoU with Avaada Group to develop 1,000 MW of ground-mounted and floating solar projects, subject to feasibility. BREDA also joined hands with SECI Ltd to set up floating solar and other renewable energy projects, cumulatively valued at Rs 3,000 crore.

Addressing a gathering of representatives from leading renewable energy firms, PSUs and industry stakeholders, energy minister Yadav urged investors to look towards Bihar’s growing potential.

“We want to tap solar energy, a non-conventional source, for Bihar’s development. For this, we have introduced a new policy. The policy is aimed at protecting our future generations. We need investment in the renewable energy sector for the country’s development and the creation of employment opportunities,” Yadav said.

He added, “We must reduce carbon emissions to mitigate the effects of global warming and safeguard human lives.”

Urging industry not to be swayed by isolated incidents of crime, Yadav said, “Come and invest in Bihar. If required, we are open to amending the policy in future. Don’t judge the state by a few incidents. Bihar has made significant progress.”

Reference : https://timesofindia.indiatimes.com/city/patna/govt-signs-mous-worth-rs5k-cr-to-develop-2357mw-green-power/articleshow/122924941.cms?utm_

The post Govt signs MoUs worth Rs5k cr to develop 2,357MW green power appeared first on Fuels of the Future Conference 2025.

]]>
https://fuelsofthefuture.com/2025/07/28/govt-signs-mous-worth-rs5k-cr-to-develop-2357mw-green-power/feed/ 0