New Delhi, July 24 (IANS) Shakti Pumps (India) Limited on Friday reported a sharp 46.7 per cent decline in its consolidated net profit for the April-June quarter (Q1 FY27), as lower operating margins weighed on earnings despite robust growth in revenue.The company posted a consolidated net profit of Rs 51.6 crore for the quarter ended June 30, compared with Rs 96.8 crore in the corresponding quarter of the previous financial year (Q1 FY26), according to its stock exchange filing.Revenue from ope…
Latest Energy Efficiency News & Updates
New Delhi, June 26 (IANS) India generated $110 billion in green revenues in 2025, emerging as one of Asia’s fastest-growing green economies as the country’s clean energy and sustainability-related businesses continued to expand, according to a report.A report by London Stock Exchange Group (LSEG) showed that India’s green revenues have grown at a compound annual growth rate (CAGR) of 20 per cent over the past five years, which is higher than Asia’s average growth of 12 per cent and the global av…
Gurugram, June 25 (IANS) The 11th BRICS Energy Ministers’ meeting, chaired here by India, adopted the Joint Communique on Thursday reflecting the collective vision and consensus of the grouping’s countries on strengthening cooperation in the areas of energy security, sustainability, innovation, resilient infrastructure and capacity building.A major outcome of India’s Chairship was the launch of the BRICS Digital Centre of Excellence for Smart Grids and Energy Storage (https://brics-dcoe.glob…
New Delhi, June 10 (IANS) Union Minister for Communications and Development of North Eastern Region Jyotiraditya Scindia and Union Minister for Civil Aviation Ram Mohan Naidu arrived at the Cabinet meeting in a single vehicle on Tuesday in a notable gesture towards resource conservation.The two senior ministers chose to carpool, setting an example of responsible fuel usage in alignment with Prime Minister Narendra Modi’s repeated appeals to the nation to save petrol and diesel.The ministers trav…
New Delhi, May 22 (IANS) India’s industrial energy transition could unlock $100 billion decarbonisation opportunity by 2030, a new report has said.This space is still heavily undercapitalised — current funding is at less than half (40 per cent) of the levels seen in more developed economies, according to the joint report by TDK Ventures and Theia Ventures.The findings frame industrial decarbonisation not just as a climate goal, but as a strategic hedge. Right now, India faces a $140 billion …
Jaipur, May 16 (IANS) Jaipur International Airport Limited (JIAL) has received the Silver Recognition at the Airports Council International Asia-Pacific and Middle East Green Airports Recognition 2026 awards. Presented under the theme “Climate Change Adaptation,” the honour recognises the airport’s initiatives in climate resilience and environmentally responsible operations.Jaipur International Airport, located in a semi-arid region frequently affected by heat waves, has developed a “Coo…
New Delhi, May 13 (IANS) Multiple media platforms and opposition voices have described Prime Minister Narendra Modi’s appeal to conserve fuel, revive work-from-home practices, reduce unnecessary imports, and avoid non-essential overseas travel as “austerity measures.” However, using the term “austerity” to describe the Prime Minister’s remarks is both inaccurate and misleading. The word “austerity” carries a specific economic meaning and historically refers to periods of fiscal t…
New Delhi, April 22 (IANS) India’s newly operational Carbon Credit Trading Scheme is likely to drive emission reductions, with aluminium producers better placed than cement peers for sustained efficiency gains, a report said on Wednesday.The report from ICRA ESG Ratings said the scheme will differentiate companies by emission‑intensity trajectories rather than scale.Emission intensity targets for the aluminium sector range from 13.72–20.27 tonnes of carbon dioxide equivalent (tCO₂e) for …
Mumbai, April 18 (IANS) A Memorandum of Understanding (MoU) was signed on Saturday between the Government of Maharashtra’s strategic advisory body, Maharashtra Institution for Transformation (MITRA), and Earth Day Network India to implement environmental initiatives across the state. Under the pact, 56 lakh trees will be planted along with various programmes to accelerate climate action in Maharashtra. The MoU, signed on the occasion of Earth Day 2026, is expected to strengthen the framework f…
New Delhi, April 16 (IANS) India’s artificial intelligence (AI) roadmap should be built on the principles of affordability and accessibility, Ravi Shankar Prajapati, Joint Director at the Bureau of Energy Efficiency, said on Thursday.He was delivering the keynote address at a policy roundtable titled “Roadmap for AI and Sustainability in India,” organised by Chintan Research Foundation in association with The Dialogue here.Prajapati stressed that India’s AI ambitions are entering a decis…