Govt. Confers Navratna Status to NHPC and SJVN, Grants More Autonomy
The Finance Ministry has granted Navratna status to top public sector enterprises NHPC and SJVN, allowing them greater operational and financial freedom.
Global Renewable Capacity Rises 14% to 3,870 GW in 2023: IRENA
The report found that solar energy registered the largest share at 1,419 GW last year, recording 32.2 percent over 2022. Hydropower and wind energy accounted for most of the remainder, with total capacities of 1,268 GW and 1,017 GW, respectively.
India Needs to Increase Renewable Energy Push to Meet 2030 Target, Report Warns
The report proposes lowering the GST on hydropower components from the current range of 18-28% to 12% and reducing the GST on wind projects from 12% to 5%.
Clean Energy Accounts for 71% of New Capacity in India
Renewable energy (RE) sources like solar and wind contributed a staggering 71% of the 26 GW of new power generation capacity added during the year.