India aims to achieve 500 GW of renewable energy by 2030, almost 3x from 180 GW currently installed, marking the largest push for capital investment in power infrastructure.
However, the transition to renewable energy does not only require investment in generation capacity, but also demands an overhaul of power systems to better handle fluctuations in supply.
In light of the same, the power ministry recently introduced the National Electricity Plan (NEP) for 2023-32, a strategic roadmap for enhancing and expanding transmission systems, both at the central as well as state levels. The NEP outlines an investment of â¹9.15 lakh crore to address the growing demand.
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South steals the spotlight
Hits from Hindi film industry in post-Covid era have been fewer and far between
Smart Cities Mission: School enrolment up 22%
STEPS TAKEN UNDER the Smart Cities Mission have led to a 22% increase in school enrolment in 19 cities and improved real-time tracking of criminal activities, according to two studies by the Indian Institute of Management, Bangalore.
Does India want BGT win or Rohit back in form?
In case openers KL Rahul or Yashasvi Jaiswal had been struggling, Rohit's elevation would have made sense. But with his form, the change of batting order wasn't really warranted
UltraTech to buy stake in Star Cement
UltraTech Cement is set to acquire a minority stake in Star Cement.
Byju Raveendran: From boom to bust
US-based lenders initiated bankruptcy proceedings against Byju's to recover outstanding loans, and back home, the ministry of corporate affairs launched investigations into its financial practices.
Oil rises 1%, heads for weekly gain
OIL ROSE ABOUT 1% on Friday and was set for a weekly gain in low trading volume ahead of year-end, backed by expectations of lower US crude stockpiles and hopes of a stimulus-driven economic recovery in China.
IIFL Home Finance expects 15% AUM growth in FY25
â Looking at stock market listing, but no timeline yet
Jewellery units lose sheen on weak Rupee
THE DEMAND IN east Asia, however, has been tepid.
Squid Game stocks tank
A LESS-THAN-PERFECT debut for the new season of Netflix's blockbuster series Squid Game sent shares of related South Korean companies sharply lower Friday.
Richard Parsons, who rescued Time Warner, Citigroup, dies
RICHARD PARSONS, THE executive dubbed \"Captain Emergency\" for his record of stabilizing ailing companies such as AOL Time Warner, Citigroup and Dime Savings Bank of New York, has died. He was 76.
