The Union Ministry of New and Renewable Energy has an increased budget, with an outlay of Rs 32,911 crore. Out of this, more than Rs 30,000 crore is assigned for solar energy.
Country's used lithium-ion battery problem is also set to grow sharply in next decade. India 3rd largest e-waste producer with 7% global share but currently recycles only about 10% of it.
The Indian market in lithium-ion battery recycling recovers critical minerals such as lithium, nickel, and cobalt from used batteries for reuse in production again.
Lithium found in Jammu should not just be a ‘feel-good’ discovery. It must be used to develop the entire electric vehicle and energy storage ecosystem in India.
Central govt says 5.9 mn tonnes of lithium reserves have been found in J&K. Lithium's a key component in EV batteries & will ultimately help India achieve net zero emissions by 2070.
Industry says manufacturers have 2-4 weeks of buffer stocks, but prolonged disruption could push up shortage risks, especially of consumables like IV and syringes.
French newspaper La Tribune earlier last week indicated that UAE withdrew from deal to fund EUR 3.5 billion. India is looking to order 114 new Rafales, which could include the F5.
China patiently invested capital, skill and technology in coal gasification. Unlike it, we won’t move from words to action. As crude prices decline, we lose interest.
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