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HomePosts Tagged "financial year"
AgroPolicy, Environment, India, Sustainability, Sustainable Energy

The plan includes 64.38 GW of Solar Power, 51.79 GW of Hydro Power, 42.02 GW of Wind Power and 10.77 GW of biopower

The Government has decided to invite bids for 50 GW of renewable energy capacity annually for the next five years, from 2023 to 2028. These annual bids of ISTS (Inter-State Transmission) connected renewable energy capacity will also include setting up of wind power capacity of at least 10 GW per annum. The plan was finalised by the Ministry of New & Renewable Energy (MNRE) at a meeting chaired by R. K. Singh, Union Minister for Power & NRE last week, according to the press release.

India currently has a total renewable energy capacity of 168.96 GW with about 82 GW at various stages of implementation and about 41 GW under tendering stage. This includes 64.38 GW of Solar Power, 51.79 GW of Hydro Power, 42.02 GW of Wind Power and 10.77 GW of biopower.

Considering the fact that Renewable Energy (RE) projects take around 18-24 months for commissioning, the bid plan will add 250 GW of renewable energy and ensure 500 GW of installed capacity by 2030. The Ministry of Power is already working on upgrading and adding the transmission system capacity for evacuating 500 GW of electricity from non-fossil fuel.

Speaking during the meeting, R. K. Singh, Union Minister for Power & NRE said that the declaration of the trajectory of short-term and long-term RE capacity addition by the Government is a significant step towards achieving the goal of 500 GW of non-fossil fuel capacity by 2030 and towards a faster energy transition.

In addition to this, the Ministry has declared a quarterly plan of the bids for FY 2023-24, which comprises bids for at least 15 GW of renewable energy capacity in each of the first and second quarters of the financial year (April-June 2023 and July-September 2023 respectively), and at least 10 GW in each of the third and fourth quarters of the financial year (Oct-December 2023 and January-March 2024 respectively).

The plan includes 64.38 GW of Solar

Finance

Benson Hill will release its financial results for the fourth quarter and full year ending December 31, 2021 

Benson Hill, a provider of crop design platform to develop healthier and more sustainable food and ingredients has announced recently that it will release its financial results for the fourth quarter and full year ending December 31, 2021 and provide guidance for 2022, before market open on March 28, 2022.

The Company will host a webcast to discuss the results at 8:30 am. Eastern Time, including a presentation by management followed by a Q&A session.

Benson Hill moves food forward with the CropOS platform, a cutting-edge food innovation engine that combines data science and machine learning with biology and genetics. 

Benson Hill will release its financial results