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Anand Gupta

Editor - EQ Int'l Media Network

MSEB Solar Agro Power Limited Issue Tender for Supply of 199.94 MW (AC) SOLAR POWER UNDER MUKHYAMANTRI SAUR KRUSHI VAHINI YOJANA 2.0 UNDER SATARA DISTRICT – EQ

MSEB Solar Agro Power Limited Issue Tender for Supply of 199.94 MW (AC) SOLAR POWER UNDER MUKHYAMANTRI SAUR KRUSHI VAHINI YOJANA 2.0 UNDER SATARA DISTRICT. For more information please see below link:     Tender Documents Date and Time of Start of Procurement of Tender Documents 07-Sep-2023 05:00:00 RTZ Corresponding Local Date and Time Not Applicable […]

MSEB Solar Agro Power Limited Issue Tender for Supply of 186.044 MW (AC) SOLAR POWER UNDER MUKHYAMANTRI SAUR KRUSHI VAHINI YOJANA 2.0 UNDER SANGLI DISTRICT – EQ

MSEB Solar Agro Power Limited Issue Tender for Supply of 186.044 MW (AC) SOLAR POWER UNDER MUKHYAMANTRI SAUR KRUSHI VAHINI YOJANA 2.0 UNDER SANGLI DISTRICT For more information please see below link:     Tender Documents Date and Time of Start of Procurement of Tender Documents 07-Sep-2023 05:00:00 RTZ Corresponding Local Date and Time Not Applicable […]

Magenta Mobility Secures Debt Financing from SIDBI under Green Finance Scheme to propel EV deployment in Delhi NCR – EQ

Delhi : Magenta Mobility, a leading provider of electric mobility and EV charging solutions, secured debt financing for about 350 EVs under the Green Finance Scheme by the Small Industries Development Bank of India (SIDBI). The loan received from SIDBI will help to scale up deployment of Cargo Electric Vehicles for last mile deliveries across […]

Renew Risk secures £1.7M in seed funding and launches to market – EQ

Clean-energy risk analytics SaaS startup to improve the financing, planning and insurance for renewable energy assets London : Renew Risk, a London-based clean-energy risk analytics SaaS startup, raises £1.7M seed funding to improve the financing, planning and insurance for renewable energy assets. The funding round is led by strategic investor Insurtech Gateway with participation from […]

Power demand up 40GW-50GW on daily basis compared to year ago: R K Singh – EQ

Addressing a day-long conference on ‘Green Hydrogen Pilots in India’ here, he said India has the potential to be one of the biggest manufacturers of green hydrogen in the world Union Power Minister R K Singh on Tuesday quantified the pace of economic growth in the country in terms of rise of electricity demand, and […]

Mandatory storage for renewable energy projects likely – EQ

The Centre looks likely to mandate renewable energy projects with more than 5 megawatt (MW) capacity to install energy storage systems (ESS). In its recently released national framework for promoting energy storage systems, the ministry of power said such ESS capacity may be considered during the bidding stage itself and can either be collated with […]

Sterling and Wilson Renewable plans to raise Rs 1,500 crore equity – EQ

Sterling and Wilson Renewable Energy Ltd. (SWREL), a company promoted by the Shapoorji Pallonji Group, is thinking about selling equity shares to raise up to Rs. 1,500 crore to pay off debt due this fiscal year. According to the individuals cited above, one of the options being considered is selling shares to investors using the […]

REC to increase loan portfolio of green projects to over Rs 3 trn by 2030 – EQ

State-owned REC Ltd Chairman and Managing Director Vivek Kumar Dewangan on Wednesday stressed on the commitment to increase its loan book of green projects by ten times to more than Rs 3 lakh crore by 2030. Dewangan chaired the annual general meeting on Wednesday, which was attended by all directors on the board of the […]

Centre approves Rs 3,760 crore VGF for battery energy storage system – EQ

The Union Cabinet has approved Rs.3,760 crore for the creation of a battery energy storage system to meet India’s rising energy demands and achieve its target of 50% renewable energy by 2030. The government aims to develop 4,000 MWh of battery energy storage projects by 2030-31, with financial support of up to 40% of the […]

REC signs USD 100 million Foreign Currency Term Loan Agreement with EXIM Bank – EQ

REC Limited, the Maharatna Central Public Sector Enterprise under the Ministry of Power, has signed a Foreign Currency Term Loan Agreement for USD 100 Million, with Export Import Bank of India (EXIM Bank). The proceeds of the loan will be used towards refinance for on-lending to REC’s borrowers in power, infrastructure and logistics sectors for […]