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Tag: renewable energy India.

Akshay Urja Day 2025 Highlights India’s Clean Energy Transformation
News Update

Akshay Urja Day 2025 Highlights India’s Clean Energy Transformation

By Newscript News Network August 20,2025 India marked Akshay Urja Day 2025 on August 20 with a celebration of its renewable achievements and climate commitments. From a modest 2.82 GW of renewable capacity in 2014, the country has grown to 116.24 GW by August 2025, with solar contributing nearly 48%. The symbolic day has become an annual moment to showcase India’s progress towards its 500 GW non-fossil capacity goal by 2030. Government officials highlighted flagship programmes such as the National Solar Mission, ultra-mega renewable parks, offshore wind policy and the National Green Hydrogen Mission. “India’s clean energy journey is no longer aspirational—it is operational,” a senior official said. Globally, India now ranks among the top three in annual renewable capacity addit...
CCL Products Buys Into Renewable Future with Mukkonda Stake
News Update

CCL Products Buys Into Renewable Future with Mukkonda Stake

By Newscript News Network August 20,2025 Coffee exporter CCL Products has taken a significant step towards greening its operations by acquiring a 26% equity stake in Mukkonda Renewables for ₹9.57 crore. The deal secures access to 7.9 MW of solar and wind capacity under a group captive model, ensuring both reliable energy supply and reduced carbon footprint. “This move ensures long-term energy cost savings while aligning our global brand with sustainability,” a CCL Products spokesperson said. With coffee demand surging across Europe and North America, global buyers are increasingly pressing exporters to demonstrate climate responsibility in their supply chains. India’s captive renewable model allows industrial consumers to directly own stakes in renewable assets and secure fixed...
Reliance Winds Up NeuComm Subsidiary, Refocuses on Energy Transition
News Update

Reliance Winds Up NeuComm Subsidiary, Refocuses on Energy Transition

By Newscript News Network August 20, 2025 Reliance Industries Limited (RIL) has formally completed the winding-up of its US-based subsidiary, Reliance NeuComm, by filing a Certificate of Termination with the Secretary of State of Texas. Though the unit had long ceased operations, its closure highlights the company’s ongoing portfolio rationalisation strategy. Industry watchers view this as part of Chairman Mukesh Ambani’s renewed focus on high-growth areas in India, particularly telecom, retail, new energy and materials. Over the past three years, RIL has consolidated its international presence while funnelling capital into domestic projects, ranging from green hydrogen and solar manufacturing to the next phase of Jio’s digital expansion. “Reliance is pruning global entities th...
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