Is India’s first round-the-clock renewable energy contract really what it claims to be?
In May, India claimed to have reached a historic milestone in renewable energy. The central government awarded a contract for the supply of 400 megawatts of solar and wind energy. Unlike other such contracts, this was the first-ever ‘round-the-clock’ supply contract.
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India's energy subsidies reach 9-year peak at $39.3 billion amidst global crisis
India's energy subsidies have soared to a record $39.3 billion in the fiscal year 2023, marking a nine-year high, according to the latest findings. The surge is attributed to the nation's broad-based strategy to enhance its energy supply in light of the 2022 global energy crisis and its burgeoning energy needs.
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