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Ireda board gives green light to Rs 5,000 crore fundraising through QIP – EQ

In Short : The IREDA board has approved raising ₹5,000 crore through a Qualified Institutional Placement (QIP). The funds will be utilized to boost renewable energy financing, supporting India’s clean energy transition. This move aligns with IREDA’s mission to expand green energy projects and accelerate the country’s progress toward achieving its sustainable development goals. In […]

Fresh US sanctions on Russia to have little impact on India; prices to remain settled at $75-85: IOC Chairman Sahney – EQ

In Short : IOC Chairman Shrikant Madhav Vaidya stated that fresh U.S. sanctions on Russia are unlikely to significantly impact India, with oil prices expected to remain stable between $75-$85 per barrel. He emphasized India’s diversified energy strategy and assured steady supply, highlighting the country’s resilience in navigating global energy market fluctuations. In Detail : […]

Senvion receives 121.5-MW turbine deal from Continuum Green Energy – EQ

In Short : Senvion India secured a 121.5-MW turbine order from Continuum Green Energy for its 4.2M160 wind turbines, marking a significant milestone. The project, slated for Gujarat or Karnataka, includes 50 turbines with delivery starting in April 2026. This builds on their prior collaboration, emphasizing Senvion’s commitment to advancing India’s renewable energy sector with […]

NTPC Group touches 350 billion units power generation mark in FY 2024-25 – EQ

In Short : The NTPC Group has achieved a significant milestone by generating 350 billion units of electricity in the fiscal year 2024-25. This record-breaking performance underscores the group’s leadership in the energy sector, driven by its diverse portfolio of thermal, renewable, and hydroelectric power projects. The achievement highlights NTPC’s commitment to meeting India’s growing […]

India’s ISTS Projects Achieve ₹1 Trillion Milestone in Power Transmission Expansion – EQ

In Short : Inter-State Transmission System (ISTS) projects awarded through the Tariff-Based Competitive Bidding (TBCB) route have reached ₹1 trillion in the first nine months of FY25. This significant milestone highlights the rapid expansion of India’s power transmission infrastructure to support its growing renewable energy capacity. The projects are key to ensuring efficient power distribution […]

Trump’s energy emergency: No Immediate impact on India’s renewables market, energy transition – EQ

In Short : The energy emergency declared by former U.S. President Donald Trump is unlikely to have an immediate impact on India’s renewable energy market and its ongoing energy transition. India’s focus on expanding its renewable energy capacity remains robust, driven by domestic policies and international commitments. While global energy dynamics may shift, India’s renewable […]

India’s electric bus push accelerates with over 20,000 e-bus orders – EQ

In Short : India’s push towards electric mobility is gaining momentum, with over 20,000 electric buses ordered across the country. This surge in e-bus procurement is part of the government’s broader initiative to reduce carbon emissions and promote sustainable urban transportation. The adoption of electric buses is expected to significantly cut down on air pollution, […]