India Targets 100 GW Pumped Storage by 2035-36; China Leads Global Hydropower with 300 GW Under Construction

Private Players Seek Green Energy Status for Nuclear Power; 100 GWe, $228 Bn Target by 2047

Private players are pushing for nuclear power to be classified as 'green energy' to unlock green bonds, green loans, and blended finance. NITI Aayog is reviewing existing green finance frameworks (MoF, RBI, SEBI) to include nuclear energy. India targets 100 GWe nuclear capacity by 2047, requiring $228 billion investment.

Nepal Floods 2026: 4 Transborder Disaster Lessons for India, China, Nepal on GLOF & Energy Security

A devastating flash flood in Nepal's Rasuwa district (Aug 2026), caused by a glacial collapse on the Chinese side, has killed hundreds and damaged over 15 hydro projects. The disaster exposes four critical lessons for India, China, and Nepal: borders do not contain natural disasters, transborder energy infrastructure is vulnerable, local disaster response is inadequate, and the Himalayan region lacks a unified climate policy. This has direct implications for India's disaster management framework, cross-border energy cooperation, and the need for a common climate governance mechanism.

Karnataka Targets 66 GW Power Capacity by 2030; Clean Energy, Pumped Storage, Solar Park Expansion

Karnataka has unveiled a 10-year roadmap to scale its installed power capacity from 39 GW to 66 GW by 2030, with a strong focus on clean energy. The plan includes pumped storage, battery storage, solar park expansion, and significant private investment. This is crucial for students as it links to India's renewable energy targets, energy security, and state-specific schemes like PM-KUSUM.

India's Institutional Entrepreneurship in Green Finance: ISA, CDRI, BRICS+ Shape New Global Order

India is leveraging its G20 presidency, Global South summits, and initiatives like ISA, CDRI, and GBA to shape a new multipolar global financial order focused on green development. With climate finance needs surging and traditional MDBs struggling to meet targets, India's 'institutional entrepreneurship' offers a model for the Global South. This is a key topic for UPSC GS2 (International Relations) and GS3 (Economy, Environment).

Nepal Flash Floods Halve Power Supply to India; 359 MW Capacity Hit, 359 Dead

A catastrophic flash flood in Nepal, triggered by a collapsing glacier, has damaged multiple hydropower plants including the Devighat plant that supplies electricity to India. Nepal slashed its power supply to India by half (from ~800 MW to ~400 MW), and the disaster killed 359 people. The event highlights the vulnerability of critical cross-border energy infrastructure to climate-induced glacial lake outburst floods (GLOFs) in the Himalayas.

EU CBAM: Carbon Border Tax on Steel Imports to Cost India €190/Tonne from Feb 2027

The EU has implemented the Carbon Border Adjustment Mechanism (CBAM), a carbon tax on imports of steel, aluminium, cement, fertilisers, hydrogen, and electricity. For India, this is primarily a steel tax—$5.4 billion of its $6.3 billion CBAM-exposed exports to the EU in 2024 were iron and steel. With Indian steel emitting 2.54 tonnes of CO2 per tonne (vs. world avg. 1.9), the tax could cut exports by 24%, and BRICS has formally opposed it as protectionist in the New Delhi Declaration.

SEBI Recognises Blue Bonds as Sustainable Finance; First ₹1,000 Cr Issuance Under Sagarmala

India's first blue bond issuance of ₹1,000 crore under the Sagarmala programme marks a shift towards capital markets for maritime infrastructure financing. SEBI has recognised blue bonds as sustainable finance instruments, opening a new asset class for exam focus on blue economy, sustainable finance, and government's PM GatiShakti initiative.

US Diesel Export Ban Proposal: Global Supply Crisis & Impact on India's Net Exporter Status

A US proposal to restrict diesel exports, supported by President Trump, threatens to remove the single largest source (20%) of globally traded diesel from the market. For India, a net diesel exporter, this could mean higher export margins for refineries like RIL, though higher export taxes and domestic demand will limit gains.