In Short : The Bihar government has allocated ₹15,343 crore as a power subsidy for electricity consumers in the 2024-25 financial year, Energy Minister Bijendra Prasad Yadav informed the Assembly. The subsidy aims to reduce the burden of rising power costs on consumers and ensure affordable electricity access across the state, especially for domestic and […]
Solar stock jumps 4% after signing MoU with Bihar Govt. for renewable energy project – EQ
In Short : NTPC Green Energy Ltd. signed an MoU with Bihar’s government to develop renewable energy projects, including solar installations and green hydrogen initiatives. The announcement at the Bihar Global Investors’ Summit 2024 boosted NTPC Green’s stock by 4%. The partnership aligns with India’s renewable energy goals, marking a significant step toward sustainable energy […]
Bihar govt to soon announce policy for renewable energy sector – EQ
In Short : The Bihar government is set to announce a new renewable energy policy to attract investments. The policy will feature single-window clearances and promote sectors like solar projects, smart meters, and floating solar initiatives. Bihar aims to enhance its infrastructure, including uninterrupted power supply and independent grids, while planning 185 MW of solar […]