India PV News Snippets

Indian E-Commerce Giant Commits To Net Zero By 2040 & More From MNRE, NTPC

India PV News Snippets

Home grown e-commerce major Flipkart has committed to a net zero target across all operations and value chain by 2040. Part of the plan includes sourcing renewable energy including solar for electricity needs. (Source: Flipkart)

Flipkart will decarbonize its operations by 2030 and larger value chain by 2040; MNRE has extended the bid submission date for pilot power and renewable energy manufacturing zone EOI; NTPC’s total installed renewable energy capacity now over 5 GW.

Net zero goal for Flipkart: E-commerce company Flipkart has committed to decarbonize its own operations by 2030 and larger value chain by 2040 where in it will work with suppliers, customers and partners to decarbonize its overall business. The net zero target is in line with the global Science-based Targets Initiative (SBTi) to keep global temperatures to below 1.50 C under Paris Agreement, it stated. For this, it will attempt to increase energy efficiency for its operations, including corporate office, and use renewable energy sources as solar for its energy requirements.

MNRE extends date for manufacturing EOI: The Ministry of New and Renewable Energy (MNRE) has extended the submission date of expression of interest (EOI) to set up manufacturing zones for the power and renewable energy sector on a pilot basis, to now July 11, 2022. Earlier it was June 26, 2022. It cites request from some states as the reason for this extension. The EOI was originally launched in April 2022 (see RE & Power Manufacturing Zone On Pilot Basis). Later, basis feedback received from interested stakeholders during a pre-bid conference, the ministry revised the EOI terms and conditions which is available on its website.

NTPC’s RE capacity now over 2 GW: State owned utility NTPC Ltd counts its installed renewable energy capacity across the group as exceeding 2 GW with the commissioning of 92 MW in Kerala’s Kayamkulam. The project on the reservoir of Kayamkulam Gas Power Station is now the country’s largest floating solar PV project (see 101.6 MW Floating Solar Plant Online In India). NTPC says it has more than 4 GW renewable energy capacity under implementation in 22 projects along with over 5 GW under tendering.

About The Author

Anu Bhambhani

Anu Bhambhani is the Senior News Editor of TaiyangNews

Latest Videos

Loading...
Subscribe To Our Taiyang NewsLetter 
Enter your email to receive our daily solar sector updates.