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Anand Gupta

Editor - EQ Int'l Media Network

Draft Guidelines for Tariff Based Cometitive Bidding for developer for setting up of Renewable Energy Projects – EQ Mag

Draft Guidelines for Tariff Based Cometitive Bidding for developer for setting up of Renewable Energy Projects. For more information please see below link:

Toyota pledges USD 2.1 bln more for EV battery plant in North Carolina – EQ Mag

Toyota Motor Corp 7203.T said on Wednesday it will invest $2.1 billion more in its new U.S. battery plant in North Carolina, as the Japanese automaker deepens efforts to tap rising demand for electric vehicles. The automaker also said its first U.S.-made battery electric sports utility vehicles (SUVs) will be assembled at the company’s Kentucky […]

Exxon, Chevron shareholders soundly reject climate-related petitions – EQ Mag

HOUSTON : Exxon Mobil Corp and Chevron Corp shareholders on Wednesday overwhelmingly rejected calls for stronger measures to mitigate climate change, dismissing more than a dozen climate-related proposals at their annual meetings. The results supported the two largest U.S. oil producers in resisting pressure from investor groups calling for the pair to follow European rivals […]

Coal India’s production rises to a record high of 60 million tonnes in May – EQ Mag

In May 2023 total supplies rose to a healthy level of 63.7 MT posting 4.1 per cent compared to 61.2 MT of May 2022 Coal India’s (CIL) production rose to a record high of 60 million tonnes (MT) in May, logging 9.5 per cent growth over the same month last year with an increase of […]

Manufacturing facilities for electric vehicles require 13 million sq ft of real estate by 2030: CBRE – EQ Mag

EV battery manufacturing facilities are expected to increase and will require 2,400 acres of land to accommodate the production of 200 GWh of batteries by 2030 The demand for real estate is projected to increase by approximately 13 million square feet by 2030 due to the growing need for manufacturing facilities for 4-wheeler and 2-wheeler […]

Sterlite Power accelerates Mumbai Urja Marg Power Transmission Project with aerial operations – EQ Mag

The aerial operations will involve the movement of around 3,000 metric tonnes of various materials over a period of two months Sterlite Power on Wednesday said it has started aerial operations to expedite the construction of its flagship Mumbai Urja Marg Project (MUML). To fast-track the completion of 400kV transmission corridor connecting Padgha to Khargar, […]

India’s Renewable Energy Capacity Addition Expected To Increase 20 GW In FY24: ICRA – EQ Mag

India’s green energy capacity growth is expected to boost to 20 gigawatt (GW) in the financial year 2023-24 (FY24) from 15 GW in FY23, ratings agency ICRA said in its latest press release. It added that a scale-up in tendering activity and cost reflective tariffs will be key to achieving the renewable capacity target. “ICRA […]

First 250MW unit of NHPC’s Subansiri Lower project to be operational by Jan: official – EQ Mag

According to reports, the first 250 MW unit of the Subansiri Lower project being built by the state-run hydropower behemoth NHPC would be operational by January 2024. GUWAHATI : The the first 250 MW unit’s inauguration will now take place in December of this year instead of August, according to NHPC Subansiri. The choice was […]

Kinetic Green plans to raise $100 million by selling 10-15% stake – EQ Mag

Chennai : Pune-based Kinetic is all set to raise around $100-$150 million for its electric vehicle business. According to sources in the automobile industry, the company is in talks with top private equity players for the fund raise. The money raised will be spent on both new products as well as capacity expansion for electric […]

Modi, Prachanda announce 10-year power trade deal between India & Nepal, sign 7 agreements – EQ Mag

Export of hydropower to Bangladesh through India will commence soon, says Nepal PM. Prachanda also called for resolving the border dispute through diplomatic channels. New Delhi : Prime Minister Narendra Modi and his Nepal counterpart Pushpa Kamal Dahal ‘Prachanda’ announced the completion of a long-term power trade deal, as well as the signing of seven […]