Page 42 - NIS English 01-15 Aug 2025
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UNION CABINET DECISIONS




            Cabinet hailed Group

            Captain Shubhanshu on
            his return from space
            On July 15, Group Captain Shubhanshu
            Shukla, symbolising India’s infinite aspirations,
            returned safely to earth from space. This is
            an occasion of pride, glory, and jubilation
            for the entire country. The Union Cabinet,
            chaired by Prime Minister Narendra Modi,
            joined the nation in felicitating Group Captain
            Shubhanshu Shukla on his successful return
            to Earth after completing a historic 18-day
            mission to the International Space Station.
            The Cabinet congratulated ISRO and the
            entire team of scientists and engineers for
            this historic achievement. The mission was
            launched on 25 June 2025, in which Group           DECISION: NTPC will be able to invest Rs
            Captain Shubhanshu Shukla joined as                20,000 crore in renewable energy.
            Mission Pilot. Through this mission, for the       IMPACT:  NTPC  Limited  has  been  allowed  to
            first time, an Indian astronaut went to the        invest up to Rs 20,000 crore in the renewable
            International Space Station. This is a new         energy sector, above the existing limit. Earlier,
            chapter in India’s space program. While on the     this limit was Rs 7500 crore. This investment
            International Space Station, Group Captain         will  be  made  through  NTPC  Green  Energy
            Shukla conducted many experiments. This is a       Limited and its subsidiaries and joint ventures.
            testimony to India’s growing leadership role in    The  target  is  to  achieve  60  GW  renewable
            international space cooperation.                   energy  capacity  by  the  year  2032.  This  step
                                                               will  also  play  an  important  role  in  strength-
                                                               ening the power infrastructure and ensuring
                                                               investment to provide 24-hour power across
                                                               the country.

                                                               DECISION: Approval of investment conces-
                                                               sion for NLCIL for the rapid development
                                                               of renewable energy.
                                                               IMPACT:  This  strategic  decision  will  enable
                                                               NLCIL  to  invest  Rs  7,000  crore  in  its  whol-
                                                               ly-owned subsidiary, NLC India Renewables
                                                               Limited (NIRL). These concessions are aimed
                                                               at achieving NLCIL’s ambitious target of devel-
                                                               oping 10.11 GW of renewable energy capacity
                                                               by 2030 and expanding it to 32 GW by 2047.
                                                               This approval is expected to strengthen India’s
                                                               position as a leader in the green energy sector
                                                               by reducing dependence on fossil fuels, reduc-
                                                               ing coal imports, and increasing the reliability

                                                               of 24x7 power supply across the country. n




        40  NEW INDIA SAMACHAR || August 1-15, 2025
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