Indian Railways has recently successfully tested the first hydrogen-powered coach or Driving Power Car successfully at the Integral Coach Factory (ICF) in Chennai. The ICF project is significant for the Railways as this will help reduce greenhouse gas emissions, increase the share of renewable energy in its energy mix and reduce dependence on fossil fuels. As per the Ministry of ...
Tag Archives: renewable energy
Go Green with Hydrogen
Launched in early 2023, the National Green Hydrogen Mission has a vision to make India self-reliant in clean energy, reducing dependence on fossil fuel imports. As recent as March this year, the first-ever trials of hydrogen-powered heavy-duty trucks were launched in the country marking a major step towards sustainable long-distance cargo transportation, aligning with the country’s broader green energy goals. ...
Crisil: India’s Green Investment to Surge by 5X through 2030
India’s green investments will rise five-fold to ₹31 lakh crore by 2030, according to CRISIL, aligning with its net-zero goals under the Paris Agreement. Key sectors include renewable energy and storage (₹19 lakh crore), automotive (₹4.1 lakh crore), and oil & gas (₹3.3 lakh crore). Emerging technologies like green hydrogen, carbon capture, and energy storage will need government incentives to ...
The Maturing Indian Infrastructure Financing Ecosystem: Exploring New Avenues
India’s rapid urbanization and economic growth have spurred a significant demand for infrastructure development across sectors like roads, ports, energy, and urban infrastructure. The magnitude of investments required to bridge the infrastructure gap is immense. Recognizing the limitations of traditional financing mechanisms, India’s infrastructure financing ecosystem has matured and evolved, incorporating innovative structures and government support to attract long-term capital ...