&w=3840&q=100)
India reaches 50% non-fossil power milestone ahead of 2030 target
This assumes significance in view of India's commitment at international fora to increased non-fossil fuel-based power generation in the country.
India has set an ambitious target of having 500 GW of renewable energy-based electricity generation by 2030.
"Under the visionary leadership of Hon'ble Prime Minister Shri @narendrmodi ji, a major climate commitment has been fulfilled. India's total installed power capacity now stands at 484.8 GW, with 242.8 GW coming from non-fossil fuel sources -- a powerful testament to our green progress. This is not just a milestone -- it's a giant stride towards a greener, cleaner Bharat by 2047," Joshi said on X.
"Historic Green Leap for India! India achieves 50 per cent on non-fossil fuel capacity -- 5 years ahead of its 2030 target." Achieving 50 per cent non-fossil fuel capacity five years ahead of the 2030 target is a proud moment for every Indian, he stated, adding that Modi's leadership continues to drive Bharat's green transformation, paving the path towards a self-reliant and sustainable future. PTI KKS 1.0.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Time of India
17 minutes ago
- Time of India
EU sanctions Rosneft's Nayara refinery in Gujarat; lowers Russian oil price cap to $47.6 per barrel
New Delhi: The European Union has sanctioned the Rosneft-owned Nayara Energy 's 20 million metric tonne refinery in Vadinar, Gujarat, and reduced the price cap on Russian oil to USD 47.6 per barrel from the earlier USD 60, in a fresh round of measures targeting Moscow's energy revenue. The latest sanctions package includes restrictions on 105 additional vessels involved in transporting Russian crude oil through the so-called shadow fleet. This takes the total number of sanctioned vessels to 444, all of which will face a port access ban and prohibition on receiving maritime-related services. "We are standing firm. The EU just approved one of its strongest sanctions package against Russia to date. We're cutting the Kremlin's war budget further, going after 105 more shadow fleet ships, their enablers, and limiting Russian banks' access to funding. For the first time, we're designating a flag registry and the biggest Rosneft refinery in India," said Kaja Kallas, EU High Representative for Foreign Affairs and Security Policy, on X. The Council of the European Union said in its statement, 'Full-fledged sanctions (asset freezes, travel bans, bans on providing resources) target Russian and international companies managing shadow fleet vessels , traders of Russian crude oil and a major customer of the shadow fleet – a refinery in India with Rosneft as its main shareholder.' The move is expected to impact Rosneft's export operations and possibly its shareholding in Nayara Energy. In March 2025, The Economic Times had reported that Rosneft, which holds a 49.13 per cent stake in Nayara, was exploring options to exit the Indian venture due to its inability to repatriate earnings amid existing sanctions. "With today's package, the EU is curtailing Russia's energy revenues through a number of different measures. The EU is lowering the price cap for crude oil from USD 60 to USD 47.6 per barrel, to align it with current global oil prices and is introducing an automatic and dynamic mechanism to modify the oil price cap and ensure that this price cap is effective. Oil exports still represent one third of the Russian government's revenues," the EU Council said. India imported around 1.75 million barrels per day (bpd) of discounted Russian crude in the first half of 2025, accounting for 35 per cent of the country's total imports. In June 2025 alone, Russian imports surged to 2 million bpd, while imports from the Middle East declined. 'The EU's move to sanction a Rosneft-linked refinery in India—a key crude-supply hub for IOCL and BPCL—is a strategic jolt for the domestic downstream sector,' said Anirudh Garg, Partner and Fund Manager at INVasset. 'Even though the measure targets a single facility, it may trigger ripple effects—restricting access to Russian crude via banking channels, shipping insurance, or logistical bottlenecks. That would undercut the premium discount India's refiners currently enjoy and strain refining margins,' he added. Garg said IOCL and BPCL, which refinanced over a third of their crude requirement from Russia, may face incremental costs if they have to substitute Russian barrels with costlier alternatives from the Middle East or the US. 'With earnings season around the corner, investor sentiment may turn cautious until clarity emerges on policy support, sanction waivers, or alternative supply routes. For now, this sanction is a downside risk—firm but containable, provided mitigating measures follow swiftly,' Garg said.
The Hindu
17 minutes ago
- The Hindu
Youth Congress should protect constitutional values, remain committed to ideology, says Karnataka CM
Karnataka Chief Minister Siddaramaiah addressed the Youth Congress office-bearers here on Friday, and described them as soldiers committed to protect the constitutional values of socialism and secularism. He was speaking at the swearing-in ceremony of Youth Congress functionaries and the 'Yuva Shakti Pratijne 2025' event. The Chief Minister said all those who did not compromise on Congress' ideology has succeeded politically and hence urged the Youth Congress members to remain wedded to the values of the Congress and stand with the party. 'Those who compromise, do not survive or grow politically,' he added. Mr. Siddaramaiah alleged that the Sangh Parivar was conspiring to obliterate secularism and socialism from the Constitution, and said that the BJP was opposed to the concepts of social justice since its inception. 'I am confident that the youth of the State and the country will stand firm and lead the fight to defeat this conspiracy of the BJP and the Sangh Parivar,' he said. Describing the BJP as a party whose ideology was not compatible with the Indian society, the Chief Minister said that it follows a view that divides the society, while the JD(S) was not only devoid of any ideology, but had presence in only small pockets. Mr. Siddaramaiah said that it was the Congress that implemented the Mandal Commission report, and it provided reservations in education and employment while the 'Manuvadis' opposed it. He further said that it was the Congress that provided women's reservation, and while Rajiv Gandhi brought a constitutional amendment to provide 35% reservation for women, Sonia Gandhi fought hard to raise this to 50%. Speaking about India's freedom struggle, Mr. Siddaramaiah said that the Congress spearheaded the movement, while the right wing forces represented by RSS and others, joined hands with the British. ''Though RSS was formed in 1925, neither Hedgewar nor Guruji (Golwalkar) took part in the freedom movement. Youth Congress members must remember this aspect of history. The political outfit of the RSS was Jan Sangh, later renamed as the BJP. These people talk aggressively about patriotism, but stayed away from the freedom struggle. They never stood for the nation,' he added. The Chief Minsiter referred to the speeches of Prime Minister Narendra Modi and the concept of Sabka Saath Sabka Vikas. 'But the reality is that the BJP has never tried to take Indian society forward together. The party has 240 Members of Parliament but not a single one is from the minority communities. They never respect B.R. Ambedkar, nor honour the Constitution he gave us,' Mr. Siddaramaiah added. He said that Congress was the only party truly committed to the spirit and values of the Constitution, and urged the Youth Congress members to highlight the role of Savarkar in the defeat of Ambedkar in the 1952 elections.
Economic Times
17 minutes ago
- Economic Times
Reliance Retail Q1 Results: PAT rises 28% YoY to Rs 3,271 crore, revenue up 11%
Reliance Retail, the retail arm of RIL, reported 28% YoY growth in its net profit at Rs 3,271 crore in the first quarter. Revenue grew 11% YoY and stood at Rs 73,720 crore in the same period. ADVERTISEMENT "Retail's business performance registered customer base expanded to 358 million, along with significant improvement across operating metrics. We are focusing on strengthening the portfolio of own FMCG brands, which resonate with the tastes of Indian consumers," said Mukesh Ambani. MORE TO COME... (You can now subscribe to our ETMarkets WhatsApp channel)
