In Short : The government is confident of meeting India’s peak power demand of 277 GW in FY26, according to Minister of State for Power Shripad Naik. With rapid capacity additions in renewable and thermal power, grid modernization, and energy efficiency measures, India is well-prepared to handle future demand. The focus remains on strengthening infrastructure […]
India’s Renewable Powerhouses: Four States Leading the Green Energy Revolution – EQ
In Short : Rajasthan, Gujarat, Tamil Nadu, and Karnataka are key to India’s green energy goals. Rajasthan leads in solar power, Gujarat excels in hybrid projects, Tamil Nadu dominates wind energy, and Karnataka advances in both solar and wind capacity. Their renewable energy initiatives are crucial for India’s sustainability targets and reducing dependence on fossil […]
JSW Group to invest in cement, renewable & thermal power sectors in Assam – EQ
In Short : JSW Group announced investments in Assam’s cement, renewable, and thermal power sectors at the Advantage Assam 2.0 Summit. Chairman Sajjan Jindal emphasized Assam’s growth potential, with plans to establish cement facilities and the state’s largest thermal power plant. These investments aim to boost industrialization, infrastructure, and employment while strengthening JSW’s presence in […]
CMD, IREDA Emphasizes Role of Renewables in Achieving Net Zero Target – EQ
In Short : The Chairman and Managing Director of IREDA emphasized the crucial role of renewable energy in India’s journey toward achieving net zero targets. Highlighting the need for increased investment and innovation in clean energy technologies, he underscored that transitioning to renewables is essential for sustainable development and climate action. This commitment is vital […]
Borosil Group expects to cross Rs 7,000-crore revenue mark in 4 years – EQ
In Short : Borosil Group projects revenues to exceed ₹7,000 crore within four years. The company aims to achieve this growth through strategic expansions and enhanced product offerings across its glassware and consumer goods divisions. With a focus on innovation and sustainability, Borosil is committed to strengthening its market position and catering to increasing consumer […]
IFSC’s First Finance Company for Power & Infrastructure lending i.e. PFC Infra Finance IFSC Limited to commence operations – Receives approval from IFSCA – EQ
In Short : PFC Infra Finance IFSC Limited, the first finance company for power and infrastructure lending under the International Financial Services Centres Authority (IFSCA), is set to commence operations following approval from the IFSCA. This new initiative aims to enhance funding for power and infrastructure projects, facilitating growth and development in these critical sectors […]
India’s renewable investments hit ₹8.5 lakh crore, says MNRE Secretary Singh – EQ
In Short : India’s renewable energy investments have reached ₹8.5 lakh crore, according to MNRE Secretary Singh. This milestone reflects the country’s strong commitment to expanding its renewable energy capacity and transitioning to cleaner energy sources. The significant investment underscores the government’s efforts to promote sustainable development and achieve ambitious energy targets, positioning India as […]
SWREL Attains Highest Ever Unexecuted Order Value of more than INR 10,500 crore – EQ
Key Highlights ~ YoY revenue growth of 36%; QoQ revenue growth of 13% ~ 3rdconsecutive quarter of PAT ~ Gross margin continues to remain stable at ~10% ~ New domestic orders/LOI of around INR 2,050 crore during the quarter Mumbai – Sterling and Wilson Renewable Energy Limited (SWREL) (BSE Scrip Code: 542760; NSE Symbol: SWSOLAR), […]
ADB, Partners Open Renewable Based Minigrid to Deliver Clean Electricity to Niuafo’ou – EQ
In Short : The Asian Development Bank (ADB) and partners have launched a renewable-based minigrid project to provide clean electricity to Niuafo’ou, Tonga. Utilizing solar power, the initiative aims to reduce reliance on fossil fuels, lower electricity costs, and improve local living standards. This project highlights the Pacific region’s commitment to sustainable energy solutions and […]
IEA Renewables 2024 – Massive global growth of renewables to 2030 – EQ
In Short : The IEA’s Renewables 2024 report highlights significant global growth in renewable energy, projecting a substantial increase by 2030. Factors driving this expansion include declining costs, technological advancements, and supportive government policies. As countries prioritize sustainability and energy security, renewables are expected to play a pivotal role in meeting global energy demands, contributing […]