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The centre will serve as a hub for R&D and capacity-building initiatives in sustainable energy technologies. It will be supported by CIL's funding and aligned with its strategic diversification goals

Centre for Sustainable Energy, CIL, Coal India Limited, IIT-Madras, MoU

Coal India Limited (CIL) and IIT Madras have signed a Memorandum of Understanding to establish the “Centre for Sustainable Energy” at the IIT Madras campus. The MoU was signed by Shri Achyut Ghatak, Director (Technical), CIL, and Shri V. Kamakoti, Director, IIT Madras, in the presence of CIL Chairman Shri P.M. Prasad and senior officials [...]The post Coal India and IIT Madras Launch Centre for Sustainable Energy appeared first on Pragativadi I Latest Odisha News in English I Breaking News .

India’s Policy, Tech & Funding Edge Drives Regional Leadership In Renewable Energy: S&P Global New Delhi, Oct 22 (KNN) India is emerging as a frontrunner in renewable energy adoption in South and Southeast Asia, significantly outpacing traditional coal-based generation, according to a report by S&P Global Ratings.The report highlights India’s strong progress in renewable capacity additions, driven by supportive regulatory policies, growing technology adoption, and a favorable funding environment. In contrast, many countries in the region, including Indonesia, the Philippines, and Vietnam, are at risk of missing their energy transition targets due to challenges such as limited economic and scalable renewable power, weaker grid infrastructure, and reliance on volatile LNG imports.“A larger scale of execution, bigger hybrid projects, rising storage tenders, and robust private sector funding will likely drive India’s gains,” the report said, according to ANI.It added that India benefits from low-cost renewables coupled with energy storage solutions and a mature competitive-bidding framework, putting it ahead of its regional peers.The report also notes an uptick in storage-based tenders, including battery projects that will enhance renewable energy integration and grid stability. By contrast, countries outside India are expected to rely more heavily on fossil fuels over the next five years, with significant renewable and storage capacity only coming online after 2030.Funding is another differentiator. India’s renewable market increasingly attracts private-sector investments, whereas Indonesia and Vietnam face large funding gaps and low private participation. These disparities could pose long-term credit and execution risks for utilities in those countries.In terms of scale, India added 35 GW of renewable capacity in the first nine months of 2025, putting it on track to meet its ambitious target of 500 GW of non-fossil electricity capacity by 2030, as pledged under the COP26 ‘Panchamrit’ framework. This initiative also aims to generate half of all energy requirements from renewables, reduce emissions by 1 billion tonnes, and lower emissions intensity of GDP by 45 percent, with a net-zero target set for 2070.S&P Global Ratings noted that the power sector accounts for nearly half of the region’s carbon emissions, and rising electricity demand will make decarbonisation goals more challenging. By 2050, South and Southeast Asia are projected to account for close to 20 percent of global power demand, up from 15 percent currently.(KNN Bureau)

According to S&P Global Ratings report, India is leading South Asia in renewable energy initiatives. The country's progress, which outpaces coal, is driven by supportive regulatory policies, technology adoption, and robust private sector funding.

Ambassador May-Elin Stener told Moneycontrol that the India-EFTA trade deal has made frozen Norwegian salmon cheaper for Indians due to zero tariffs from October 1. She added that some of the biggest Norwegian companies are set to substantially increase their investments and trade with India.

Coal expansion is back on the cards to meet India's growing power demand and to ensure sufficient base-load requirements, says a S&P Global report

India is strengthening its trade with Russia, diversifying beyond energy to sectors like agriculture and pharmaceuticals, despite US pressure. This strategic move includes a significant defense pact for S-400 missile procurement. Exporters are adapting to US tariffs by expanding markets, showing resilience and a broader trade strategy.

At COP26 held in 2021, India committed to an ambitious five-part "Panchamrit" pledge. They included reaching 500 GW of non-fossil electricity capacity, generating half of all energy requirements from renewables, and reducing emissions by 1 billion tonnes by 2030.India also aims to reduce the emissions intensity of GDP by 45 per cent, and committed net-zero emissions by 2070.

India is leading South and Southeast Asia in renewable energy progress, outpacing coal according to S&P Global Ratings. Strong policy, technology adoption, and private investment are driving its green energy transition, with significant capacity additions ahead of regional peers. The report highlights India's low-cost renewables and mature bidding framework as key advantages.