Government of India plans to set up a green bank—the National Clean Energy Fund, by leveraging Rs 50 billion through an annual cess on domestic and imported coal. The bank will fund projects to generate electricity from wind, solar, tidal waves and other renewable sources, which currently contribute about 6,000 MW out of about the approximately 150,000 MW that India generates. The fund set up by Pranab Mukherjee, Union finance minister, in the Union budget for 2010-11, is expected to raise about Rs 45-50 billion in this fiscal year. The bank, proposed by the Ministry for Non-Renewable Energy (MNRE), will be linked with the Indian Renewable Energy Development Agency (IREDA). Moreover, the ministry may even consider converting IREDA into a green bank. MNRE also expects rapid expansion of renewable energy projects, especially related to solar power in the country, that will require dedicated funding.
Industry's Buzz
Anoop Kumar Rai Takes Charge as BEL Director (Marketing)
Beyond defence applications, Rai has driven BEL’s diversification into civilian infrastructure
Bharat Electronics Limited (BEL) has appointed Anoop Kumar Rai as its Director (Marketing), effective...
BEL Appoints Ambrish Tripathi as Director (Human Resources)
Tripathi’s appointment comes as BEL continues to expand its capabilities across defence and strategic technologies
Bharat Electronics Limited (BEL) has appointed Ambrish Tripathi as Director...
Suzlon Adds 250 MW Torrent Order, Crosses 1.1 GW in FY27 Orders
Suzlon has secured a 250 MW wind energy order from Torrent Green Energy, taking their cumulative partnership to more than 1.3 GW across three...
India to Revise Semiconductor Rules Within Two Months, Says Piyush Goyal
The planned changes aim to simplify approvals and make it easier for semiconductor manufacturers to source equipment and components from global suppliers.
India will amend...
North American EMS Book-to-Bill Ratio Rises to 1.29 in July 2026
The Association cautioned that month-to-month movements can be affected by seasonality and short-term volatility
The North American electronics manufacturing services (EMS) sector recorded a book-to-bill...
Learn From Leaders
“A Made-In-India Robotic PCB Soldering System That Automates The Through-Hole Soldering Process!” – Shrikrushna...
Electronics manufacturing is complex, and automation often comes at a high cost. To bridge this gap and offer a more affordable solution in India,...
“Enterprise Computing Is Shifting From CPU to GPU And Now Toward NPU-Based Systems ”...
The shift from CPU to GPU to NPU-based computing is redefining today’s enterprise endpoints. In an exclusive conversation, Navdeep Narula from Ingram Micro discusses...
India’s Robotics Push Opens New Hardware Opportunities
How do you build India’s physical AI future when critical robot components still come from overseas? Niqo Robotics reveals where the gaps remain.
India’s push...
How A Material Thinner Than Human Hair Could Transform EV Batteries And Electronics –...
What if a material 200,000 times thinner than a human hair could transform EV batteries, semiconductors, and advanced electronics? NoPo Nanotechnologies is making that...
“Build Strong Startups, and Funding Will Follow”- Raja Rajeev Kumar, IIT Startups, LaxmiRamaVarma Holdings...
While AI and software startups attract attention and capital, electronics ventures often struggle for both. Raja Rajeev Kumar from IIT Startups, LaxmiRamaVarma Holdings International...
Startups
Bengaluru Startup Targets AI Data Centre Power Delivery
C2i is building power systems that can help AI servers use electricity more efficiently and reliably.
Two friends, Ram Anant and Preetam Tadeparthy, were working...
“We don’t just sort fruit; we match every quality grade with the right buyer.”...
An agritech startup has developed an AI-powered machine that sorts and grades fruits directly on farms, helping reduce post-harvest losses by connecting produce with...
“Our SBCs Are Designed As Complete Edge-Computing Platforms That Combine Everything On A Single...
An Indian startup builds affordable edge AI boards for robots, drones, and industry, positioning them as Raspberry Pi alternatives. In an EFY interview with...
“India Can Lead In IP—If It BacksIts Own Builders”
Axiro Semiconductor designs RF and satellite chips, ships millions worldwide, and retains its startup mindset while tackling complex technical challenges. In a conversation with...
“We are solving India-specific challenges rather than offering generic ‘black box’ IoT solutions.”
From hybrid mesh networking to AI-enabled edge devices, an Indian IoT startup is developing home-grown solutions to improve connectivity, strengthen privacy and support the...