In Short : Projects worth Rs 1.3 lakh crore associated with the Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA) are set to be launched. This significant investment signals the state’s commitment to expanding and promoting new and renewable energy initiatives, fostering sustainable development and addressing energy needs. In Detail : Lucknow (Uttar Pradesh) […]
48k crore investment in renewable energy to create 11,000 jobs – EQ
In Short : An investment of 48,000 crore in renewable energy is expected to generate around 11,000 jobs. This underscores the positive impact of substantial investments in the renewable energy sector, not only in contributing to cleaner energy sources but also in fostering employment opportunities and supporting economic growth. In Detail : Lucknow : Uttar […]
14000 projects worth Rs 10 lakh cr ready for implementation at UP GBC Minister – EQ
In Short : The statement indicates that Uttar Pradesh’s Green Building Code (UP GBC) Minister has declared that there are 14,000 projects ready for implementation, with a total worth of Rs 10 lakh crore. This suggests a substantial pipeline of projects aligning with green building practices, potentially focusing on sustainable and environmentally friendly construction and […]
Tata Power Renewable Energy Limited signs PDA valuing ₹ 105 crore with Tata Communications to set up 18.75 MW AC group captive solar plant -EQ
Plant to generate nearly 40 million units (MUs) of power and offset more than 30,000 tonnes of CO 2 emissions annually Group Captive Solar to help reduce operating costs and increase energy efficiency for Tata Communications Limited Tata Power Renewable Energy Limited has achieved a significant milestone by surpassing a capacity of […]
Role of prosumers in renewable energy adoption in India – EQ
In Short : Prosumers, a portmanteau of “producer” and “consumer,” play a crucial role in driving renewable energy adoption in India. These individuals or entities not only consume electricity but also generate it, often through the installation of renewable energy systems like solar panels. In Detail : Draft amendments to the Electricity Act 2003 (EA […]
ONGC in Joint Venture Agreement with NTPC Green for Renewable Energy – EQ
ONGC and NTPC Green Energy Limited (NGEL) signed a Joint Venture Agreement (JVA) to develop renewable energy projects focusing on offshore wind. This was signed on 7 February 2024 during India Energy Week held at Goa. The JVA was signed in the presence of Hon’ble Minister of Petroleum and Natural Gas and Minister of Housing […]
India ranks fourth in the world in Renewable Energy Installed Capacity says PM – EQ
In Short : The Prime Minister’s statement that India ranks fourth in the world in renewable energy installed capacity indicates the country’s substantial progress in adopting and implementing renewable energy sources. This achievement underscores India’s commitment to addressing climate change and promoting sustainable energy practices. In Detail : The Prime Minister, Narendra Modi inaugurated India […]
India’s renewable energy capacity reaches 188 GW, aims for 50% non-fossil fuel power by 2030: President Murmu – EQ
In Short : India’s renewable energy capacity has reached 188 GW, as confirmed by President Murmu. This milestone reflects the country’s significant progress in the renewable energy sector. In Detail : India’s installed renewable energy (RE) capacity has increased to about 188 GW, up from 81 Gigawatts a decade ago, President Droupadi Murmu said while […]
REC Ltd, NIIFL collaborate on funding solutions for renewable energy, other infra projects – EQ
In Short : REC Ltd (Rural Electrification Corporation Limited) and NIIFL (National Investment and Infrastructure Fund Limited) have joined forces to collaborate on funding solutions for various projects, including those in the renewable energy sector. This partnership aims to support and finance critical infrastructure projects, emphasizing a collective effort towards sustainable development in India. In […]
Chipmakers among 15 U.S. firms eying $8 billion Vietnam investment – U.S. official – EQ
In Short : Fifteen U.S. companies, including chipmakers, are reportedly considering an $8 billion investment in Vietnam, according to a U.S. official. This signals a growing interest in Vietnam as a potential investment destination, particularly in the technology sector, highlighting the country’s attractiveness for business and economic opportunities. In Detail : HANOI : Fifteen U.S. […]