India to achieve Paris Agreement's NDCs limit of 40% power capacity

28 Sep 2021 CW Team

He said that it will reduce the emissions intensity of its Gross Domestic Product (GDP) by 33-35% over its 2005 levels in 2030.

Khuba was addressing an event on Ambition to Impact on Friday, which was organised by the Ministry of New and Renewable Energy (MNRE), Council on Energy, Environment and Water (CEEW), and the Permanent Mission of India to the United Nations (UN) in New York.

The event was based on the opportunities for global collaboration in India's Clean Energy Economy at the UN High-Level Dialogue on Energy (HLDE).

T S Tirumurti, Ambassador and Permanent Representative of the Permanent Mission of India to the UN, delivered a message in a video that India is targeting to provide global accessibility and sustainable energy at rational prices through citizen-centric models. India is constantly collaborating with international communities to achieve its targets.

The webinar shows India's efforts to achieve its sustainable development target by 2030 through citizen-centric measures and focuses on enhancing the pace of India's clean energy deployment through international collaborations. It discussed India's multilateral efforts required for this transition via global policies, co-development of technologies, investments and pooled finances for demonstrations to promote deployment.

Andre Aranha Corr锚a do Lago, Ambassador of Brazil and Freddy Svane, Ambassador of Denmark, strongly support India's initiative of clean energy and climate change target and discussed ways to strengthen ways for bilateral cooperation with India focusing on renewable energy targets.

Besides, Brazil and Denmark are the UN global champions for the energy transition.

Also read: Rising demand for increased data centre efficiency and a reduced carbon footprint

Minister of State for New and Renewable Energy Bhagwanth Khuba told the media that India is set to achieve the Paris Agreement's Nationally Determined Contributions (NDCs) limit of 40% installed renewable power capacity. He said that it will reduce the emissions intensity of its Gross Domestic Product (GDP) by 33-35% over its 2005 levels in 2030. Khuba was addressing an event on Ambition to Impact on Friday, which was organised by the Ministry of New and Renewable Energy (MNRE), Council on Energy, Environment and Water (CEEW), and the Permanent Mission of India to the United Nations (UN) in New York. The event was based on the opportunities for global collaboration in India's Clean Energy Economy at the UN High-Level Dialogue on Energy (HLDE). T S Tirumurti, Ambassador and Permanent Representative of the Permanent Mission of India to the UN, delivered a message in a video that India is targeting to provide global accessibility and sustainable energy at rational prices through citizen-centric models. India is constantly collaborating with international communities to achieve its targets. The webinar shows India's efforts to achieve its sustainable development target by 2030 through citizen-centric measures and focuses on enhancing the pace of India's clean energy deployment through international collaborations. It discussed India's multilateral efforts required for this transition via global policies, co-development of technologies, investments and pooled finances for demonstrations to promote deployment. Andre Aranha Corr锚a do Lago, Ambassador of Brazil and Freddy Svane, Ambassador of Denmark, strongly support India's initiative of clean energy and climate change target and discussed ways to strengthen ways for bilateral cooperation with India focusing on renewable energy targets. Besides, Brazil and Denmark are the UN global champions for the energy transition. Image Source Also read: Rising demand for increased data centre efficiency and a reduced carbon footprint

Infrastructure Urban

16 May 2025

3i Infotech Reports Rs 7.25 Bn Revenue for FY25

3i Infotech, a leading provider of digital transformation, technology services and technology solutions, announced its consolidated financial results for the fourth quarter and full year FY25, ended on March 31st, 2025. The company maintained its growth momentum, displaying consistent progress for the 3rd consecutive quarter.In Q4 FY25, 3i Infotech reported revenue of Rs 1.87 billion, reflecting steady performance compared to Rs 1.81 billion in Q3 FY25 and Rs 1.97 billion in Q4 FY24. The company delivered strong profitability improvements, with gross margin growing by 14.8 per cent Q-o-Q and 1..

Infrastructure Urban

16 May 2025

Emerald Finance Joins Baya PTE to Boost SME Bill Discounting

Emerald Finance is a dynamic company offering a spectrum of financial products and services including its flagship Earned Wage Access (EWA) in India, has entered into a strategic partnership with Singapore-based Baya PTE through its Indian subsidiary. This collaboration aims to strengthen bill discounting services for Small and Medium Enterprises (SMEs), enabling faster access to working capital and improved cash flow management.The initiative is designed to support SMEs that supply to large corporates such as JSW Steel, Delhivery, and PVR INOX, among others. By facilitating timely invoice dis..

Infrastructure Urban

16 May 2025

BLS E-Services Crosses Rs 5 Bn Revenue Mark in FY25

BLS E-Services, a technology-enabled digital service provider, announced its audited consolidated financial results for the quarter and full year period ended 31 March 2025.Speaking about the performance and recent updates, Shikhar Aggarwal, Chairman, BLS E- Services said, 鈥淲e are delighted to report a remarkable performance in FY25, as we achieved several milestones during the fiscal year. FY25 marked our highest-ever financial performance, as we surpassed Rs 5 billion milestone in Total Income during the year, which was reported at Rs 5.45 billion, a notable YoY growth of 76 per cent. The ..