Business

India Reaches Significant Milestone with 100 GW of Installed Solar Power Capacity

Published

1 year ago

February 8, 2025

India has reached a remarkable landmark by exceeding 100 GW of installed solar power capacity, solidifying its status as a global frontrunner in renewable energy, as announced by Union Minister of New and Renewable Energy, Pralhad Joshi, on Friday.
This achievement reflects the country’s dedication to a cleaner, more sustainable future and is a crucial step towards meeting its ambitious goal of 500 GW of non-fossil fuel-based energy capacity by 2030, according to the minister.

“Under Prime Minister Narendra Modi’s leadership, India’s energy evolution over the past decade has been both historic and inspiring. Initiatives such as solar panels, solar parks, and rooftop solar projects have driven transformative changes,” he remarked.

Over the last ten years, India’s solar power capacity has surged an astounding 3,450%, jumping from 2.82 GW in 2014 to an impressive 100 GW by 2025. As of January 31, 2025, India’s total installed solar capacity has reached 100.33 GW, with 84.10 GW currently under implementation and an additional 47.49 GW in the tendering process.
The country’s hybrid and round-the-clock (RTC) renewable energy projects are also progressing swiftly, with 64.67 GW either in implementation or tendering, bringing the combined total of solar and hybrid projects to 296.59 GW.

Minister Joshi highlighted that the PM SuryaGhar Muft Bijli Yojana is transforming rooftop solar into a reality for households, representing a major advancement in sustainable energy and empowering every home with clean power.

In 2024, the rooftop solar sector experienced substantial growth, with the installation of 4.59 GW of new capacity—a 53% increase compared to 2023. Solar energy continues to be the leading contributor to India’s renewable energy expansion, making up 47% of the total installed renewable energy capacity.
In 2024, a record-breaking 24.5 GW of solar capacity was added, reflecting more than a two-fold increase in solar installations compared to the previous year. Additionally, 18.5 GW of utility-scale solar capacity was installed last year, nearly tripling the capacity added in 2023. Rajasthan, Gujarat, Tamil Nadu, Maharashtra, and Madhya Pradesh are among the top states significantly contributing to India’s total utility-scale solar installations.

Business

Opendoor Shuts Down India Operations, 250 Employees Affected

Published

1 day ago

June 11, 2026

Namma Kudla

Business: US-based real estate technology company Opendoor has decided to close its operations in India. The move will impact nearly 250 employees.

CEO Kaz Nejatian said the company is bringing operational roles closer to its customers in the United States. He explained that most of Opendoor’s customers are based in America.

The company said the decision is not related to the performance of its India team. Nejatian praised the employees for their hard work and contributions.

Affected workers will receive severance pay, job placement support, and other assistance. A small number of employees will stay temporarily to help with the transition.

Opendoor said it will continue focusing on simplifying operations and improving efficiency with new technology and AI.

Business

Domestic LPG Cylinder Price Increased by Rs 29

Published

5 days ago

June 7, 2026

Namma Kudla

New Delhi: The price of domestic LPG cooking gas cylinders has been increased by Rs 29 across India. This is the second price hike in the last three months.

The increase comes as global energy prices continue to rise due to the ongoing conflict in the Middle East.

After the revision, a domestic LPG cylinder now costs Rs 942 in Delhi, Rs 941.40 in Mumbai, Rs 968 in Kolkata, and Rs 957.50 in Chennai. In Bengaluru, the new price is Rs 944.50 per cylinder.

The government said the cost of supplying LPG has increased significantly. However, subsidies under the Pradhan Mantri Ujjwala Yojana continue to help over 10 crore beneficiaries.

Petrol, diesel, and CNG prices have also increased in recent weeks as global fuel markets remain volatile.

Business

Honda Begins Delivery of 2026 City Hybrid

Published

1 week ago

June 3, 2026

Namma Kudla

Business: Honda Cars India has started delivering the new 2026 Honda City Hybrid to customers. The first car was handed over at a dealership in Bengaluru.

Honda President and CEO Takashi Nakajima attended the special delivery event. Other senior company officials were also present.

The first customer received a Crystal Black Pearl Honda City Hybrid. The car was delivered with a symbolic key and a gift hamper.

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The updated City comes with new features such as ventilated front seats and a 360-degree camera. It also offers wireless Apple CarPlay, Android Auto, and a sunroof.

The sedan is available with petrol and strong-hybrid powertrain options. Honda claims the hybrid version delivers a mileage of 27.26 kmpl.

The Honda City competes with the Volkswagen Virtus, Skoda Slavia, and Hyundai Verna in India.