In Short : The government plans to seek legal opinion on taking control of power projects operating without specified timelines for completion. Officials said such projects cause delays in power generation targets. The move aims to ensure accountability, prevent resource blocking, and accelerate the country’s energy infrastructure development by taking action against non-performing projects. In […]
Chandigarh and Daman & Diu Lead with 100% Rooftop Solar Coverage on Government Buildings – EQ
In Short : Chandigarh and Daman & Diu have successfully installed rooftop solar panels on all government buildings, meeting 100% of their targets. This milestone supports India’s renewable energy goals, reducing carbon emissions and electricity costs. The achievement highlights effective policy implementation and sets an example for other regions to adopt solar energy, driving the […]
Govt hosts workshop on green hydrogen standards, launches dedicated portal – EQ
In Short – The government organizes a workshop on green hydrogen standards, signaling a commitment to sustainable energy practices. Concurrently, it launches a dedicated online portal aimed at promoting awareness and facilitating collaboration in the green hydrogen sector. This initiative underscores a proactive stance towards fostering innovation and adoption of eco-friendly energy solutions, advancing towards […]
Government plans 15,000-crore push for batteries – EQ Mag
NEW DELHI : The government is working on a production-linked incentive (PLI) scheme worth as much as ₹15,000 crore to encourage the setting up of grid-scale battery storage, with the draft of the scheme expected to be released within a month, two people familiar with the development said. Grid-scale battery storage systems or battery energy […]
Government may file draft papers for IREDA public offering by September: DIPAM Secretary – EQ Mag
The government is planning to file draft papers for an initial public offering of state-owned Indian Renewable Energy Development Agency (IREDA) by September, a top official said The government is planning to file draft papers for an initial public offering of state-owned Indian Renewable Energy Development Agency (IREDA) by September, a top official said. “We […]
As India’s electrical grid strains, rural hospitals and clinics find reliable power in rooftop solar – EQ Mag
RAICHUR, India : In the searing heat that often envelops Raichur, an ancient town in southern India, a ceiling fan that spins without interruption brings sweet relief for the newborn babies and their mothers at the Government Maternity Hospital. But such respite wasn’t always guaranteed in a region where frequent power cuts to India’s overmatched […]
Government plans to ‘float’ offshore oil blocks-cum-wind farms – EQ Mag
The ministry of new and renewable energy (MNRE) is in discussions with the ministry of petroleum and natural gas (MoPNG) to combine the exploration of offshore hydrocarbon blocks with offshore wind farms for better synergies, according to two government officials aware of the plan. The contours of the idea are in the works and initial […]
Government to launch new scheme for livelihood applications of distributed renewable energy: Union minister RK Singh – EQ Mag
Clean tech can impact 37 million livelihoods in India’s agri & textile sectors, present INR 4 lakh crore opportunity 70% of women and farmers using clean technology reported an income increase Union Minister R. K. Singh also launched ‘Suraj ka Gola’, India’s solar energy anthem New Delhi : “Our government is coming out with a […]
Government Kickstarts IREDA IPO Process, Scouts For Merchant Bankers – EQ Mag
The BRLM would advise the Government/IREDA on the timing and the modalities of the Initial Public Offer (IPO), undertake due diligence, advice on regulatory norms and conduct roadshows to generate investor interest The government is planning to come out with an initial share sale offer for up to 25 per cent stake in Indian Renewable […]
Government allocates 39600 MW of domestic Solar PV module manufacturing capacity under PLI (Tranche-II) – EQ Mag
PLI (Tranche-II) to bring in an investment of Rs. 93041 crores; Generate over One Lakh direct and indirect jobs Success of PLI in high-end Solar PV Modules manufacturing, a big boost to Prime Minister’s vision of Atmanirbahar Bharat, Shri R. K. Singh, Union Minister for Power & NRE 48 GW of domestic Solar Module manufacturing […]