Sunday, December 22

Tag: Energy Transition

Empowering the Future: Budget 2024’s Focus on Employment, Skilling, and Sustainable Growth
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Empowering the Future: Budget 2024’s Focus on Employment, Skilling, and Sustainable Growth

The Union Budget 2024 has been unveiled, and it's clear that the government is committed to driving economic growth, employment, and skilling opportunities for the nation's youth. The budget outlines a comprehensive plan to facilitate employment, skilling, and other opportunities for 4.1 crore youth over the next five years, with a central outlay of ₹2 lakh crore. This article will delve into the 13 key points that highlight the government's priorities and initiatives to achieve sustainable growth. Employment and Skilling The budget allocates ₹1.48 lakh crore for education, employment, and skilling, with a focus on upskilling 20 lakh youth over the next five years. To achieve this, 1,000 Industrial Training Institutes will be upgraded in hub and spoke arrangements, with course conte...
Johnson Controls Outlines New Blueprint for India’s Net Zero Future
Industry Updates

Johnson Controls Outlines New Blueprint for India’s Net Zero Future

Johnson Controls, the global leader for smart, healthy, and sustainable buildings, today launched a whitepaper titled “Tech for Green India - Mission Net Zero” at the 21st edition of Green Building Congress 2023, India’s flagship conference and expo on the green built environment. On this occassion Anu Rathninde, president, Asia Pacific, Johnson Controls said “Buildings contribute nearly 40% of global emissions and at Johnson Controls, our priority is to help make buildings more sustainable and energy efficient, providing solutions that meet the specific needs of each building. We believe a holistic and collaborative approach will enable the nation to realise its full potential effectively,” He further added “This white paper aligns with our vision for sustainability, and ...
Hitachi Energy inaugurates its largest Global Technology & Innovation Center in Chennai
Industry Updates

Hitachi Energy inaugurates its largest Global Technology & Innovation Center in Chennai

Hitachi Energy Technologies Services, a wholly owned subsidiary of Switzerland’s Hitachi Energy, inaugurated its new Global Technology and Innovation Centre in Chennai - the biggest for the company globally. The centre will provide end-to-end support to business models catering to various segments. Tamil Nadu Chief Minister MK Stalin inaugurated the centre, which can accommodate nearly 2,500 energy transition technologists specialising in grid automation, transformers, high-voltage and grid integration for the entire world. The centre is equipped to execute over 1,000 projects a year across 40 countries. Its competencies include engineering, project management, tendering, supply chain management, customer services, marketing, cyber security, commissioning, system studies and remo...
Amp Energy India Closes Investments Totaling up to USD 250 Million from SMBC, ICG, and AIIB.
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Amp Energy India Closes Investments Totaling up to USD 250 Million from SMBC, ICG, and AIIB.

Amp Energy India is a leading energy transition platform and India’s first truly balanced Renewable Energy IPP with a total portfolio of 2.7GW+ spread across 17 states in the country. Headquartered in New Delhi with regional offices in Mumbai, Bangalore & Kolkata. It provides renewable energy transition solutions to marquee customers across 10 diverse sectors such as Pharmaceuticals, Automobiles, Cement, Steel, Heavy Engineering, Infrastructure, FMCG, Educational Institutions, IT & Datacenters, Utilities, and Government bodies The Company has now secured up to USD 250 million from SMBC Bank of Japan (Sumitomo Mitsui Banking Corporation), ICG (Intermediate Capital Group), and AIIB (Asian Infrastructure Investment Bank) to fund the growth of the company. Pinaki Bhattacharyya...