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 …
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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…
Bhopal, March 26 (IANS) Power is set to become costlier in Madhya Pradesh as the MP Electricity Regulatory Commission has announced a moderate increase in electricity tariffs for the financial year 2026–27.In its tariff order issued on Thursday, the Commission approved an average hike of 4.8 per cent, significantly lower than the 10.19 per cent increase proposed by electricity distribution companies.”It is notable that in true-up of FY 2024-25, the petitioner had claimed a revenue gap of Rs 7,…
New Delhi, March 22 (IANS) India is taking swift and balanced steps to manage the economic impact of the ongoing Middle East conflict, with both the government and industry working together to safeguard supply chains, energy security, and overall economic stability, according to the Confederation of Indian Industry (CII) on Sunday.CII Director General Chandrajit Banerjee said that India entered this challenging period from a position of strength.He noted that years of economic reforms and the go…
New Delhi, Feb 28 (IANS) India’s energy journey is no longer defined by a single source as the country is now drawing strength from solar parks, rooftop solar panels, hydrogen pilots, modernised nuclear frameworks, smart meters, and digital platforms.Improved power availability has been a key outcome of the ongoing reforms. The average electricity availability in rural areas has increased from 12.5 hours in 2014 to 22.6 hours, while urban areas now enjoy up to 23.4 hours of power supply, up fr…