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Union Budget 2025 Expectations: A Push for Renewable Energy Growth with Subsidies, Incentives, Innovation

With a solid policy framework and strategic investments, Union Budget 2025 has the potential to bring India closer to its goal of becoming a global leader in renewable energy.

PLI Benefits | January 22, 2025 | By Abha Rustagi | 2849

Bhupender Yadav Stresses Dual Responsibility of Automotive Industry at SIAM Conference

Union Minister Bhupender Yadav highlighted the automotive sector's dual responsibility to drive economic growth while ensuring environmental sustainability. Speaking at SIAM's 3rd International Conference, he emphasised the need for 'Nature Positive Recycling' and advancing India’s green initiatives.

PLI Benefits | January 20, 2025 | By EI News Network | 647

Advait Energy Transitions Secures SECI PLI for 200 MW Alkaline Electrolyser Manufacturing

Ahmedabad-based Advait Energy Transitions has secured SECI's PLI under SIGHT Scheme Tranche-II to establish 200 MW alkaline electrolyser manufacturing in India, supporting the nation’s Green Hydrogen Mission with a five-year implementation timeline.

PLI Benefits | January 20, 2025 | By EI News Network | 1000

Tata Motors and Mahindra to Get INR 246 Cr as Incentives Under PLI Auto Scheme

Tata Motors has submitted an incentive claim of INR 142.13 crore for determined sales in 2023-24.

PLI Benefits | January 03, 2025 | By Aishwarya | 704

Domestic Solar Cell Manufacturing to Quadruple by 2026: CRISIL

India's solar cell capacity is set to quadruple to 43-47 GW by 2026, driven by ALMM extension. CRISIL warns high costs could raise tariffs and urges timely project commissioning to meet rising demand.

PLI Benefits | December 18, 2024 | By EI News Network | 799

REconnect Summit: Experts Highlight PV Manufacturing’s Role in India’s Net-Zero Vision

At REconnect Summit, Nagpur, industry leaders highlighted India’s progress in domestic PV manufacturing, the role of government schemes like PLI, and solar power's contribution to achieving the country’s net-zero goals by 2070.

PLI Benefits | December 05, 2024 | By EI News Network | 824

India's Lithium-Ion Battery Import Dependency to Drop to 20 Percent by FY27- Report

India's demand for lithium-ion batteries is set to rise significantly, driven by EV adoption and renewable energy storage. Import dependency, currently near 100 percent, is expected to fall to 20 percent by FY27 due to the development of domestic giga-scale battery manufacturing capacities, among other factors.

PLI Benefits | November 15, 2024 | By EI News Network | 1210