In Short : The Indian government plans to establish a National Green Financing Institution to boost climate funding and support its 2070 net-zero goal. Led by NITI Aayog, the initiative aims to lower capital costs for green projects by aggregating funds. It will help achieve India’s 2030 targets of reducing emissions intensity and increasing non-fossil […]
Govt to mandate battery storage for renewable power projects – EQ
In Short : The Indian government plans to mandate battery energy storage for renewable power projects to improve grid stability and ensure reliable energy supply. Developers may be required to install battery storage equal to 10% of project capacity. This move supports India’s goal of 500 GW renewable capacity by 2030, enhancing energy reliability and […]
Govt revises quality control order to promote high-quality PV products – EQ
In Short : The government has revised the Quality Control Order (QCO) to enhance the standards of solar photovoltaic (PV) products in India. The updated regulations aim to ensure high efficiency, durability, and safety in solar modules and components. This move will strengthen India’s renewable energy sector, boost investor confidence, and support the country’s clean […]
Govt outlines renewable energy goals on International Clean Energy Day – EQ
In Short : On International Clean Energy Day, the government unveiled its ambitious renewable energy goals, emphasizing the shift towards sustainable power sources. These goals include significantly expanding solar, wind, and hydropower capacity, aiming to reduce carbon emissions and enhance energy security. The government highlighted its commitment to fostering innovation, investing in infrastructure, and incentivizing […]
Govt will come out with policies to get public transport in most Indian cities: Advisor to PM – EQ Mag
In an analysis, it was realised that public transport is missing in most of the Indian cities Advisor to Prime Minister Tarun Kapoor on Tuesday said the central government will come out with policies to introduce public transport in most Indian cities, and the electric vehicle industry can expect “very large” support in this segment. […]
Govt to recover wrongly claimed sops by EV makers – EQ Mag
The Centre plans to provoke restoration of wrongly claimed subsidies by electrical car (EV) makers below a devoted ₹10,000-crore programme that was created to promote native manufacturing and adoption of transport selections that do not go away tailpipe emissions. Officials privy to the event advised ET that the Ministry of Heavy Industries (MHI) has begun […]
Govt orders forensic probe in 4 fire in 2 wheelers; to take action after report, says Gadkari – EQ Mag Pro
New Delhi : The government has taken very seriously the four incidents of fire in two-wheeler electric vehicles (EVs) in the past one week and will take appropriate action against the manufacturers after a forensic investigation, Road Transport and Highways Minister Nitin Gadkari told Lok Sabha on Thursday. He also said that as on March […]
Govt to Plug Duty Loophole in Solar Equipment Imports – EQ Mag Pro
Solar developers are tapping “project import scheme,” to avoid paying high duties on cells NEW DELHI : The government is looking at ways of plugging a loophole in regulations that may allow many solar power developers to avoid paying duties of up to 40% on cells and modules and instead get away with shelling out […]
Govt Likely to Boost Coal Power Fleet 25 Percent By 2030 Amid Rising Demand – EQ Mag Pro
Union Power Minister Raj Kumar Singh has said that India will add nearly 56 gigawatts (Gw) of coal power capacity unless there’s a substantial decline in the cost of storing electricity India plans to expand its coal power fleet by about 25 per cent through the end of the decade as it continues to lean […]
Govt to introduce hydrogen-powered buses for public transport in Leh on pilot basis – EQ Mag Pro
New Delhi : As part of the exercise to promote renewable energy, the government will introduce hydrogen-powered buses for public transport in Leh (Ladakh) on a pilot basis. This will be the first time that India will be deploying Fuel Cell Electric Vehicles for public transport. In the initial phase, five fuel cell buses will […]