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Anand Gupta

Editor - EQ Int'l Media Network
Sterlite-Power Logo
India

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

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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, […]
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China Starts Work On The World’s Largest Desert-Based Renewable Energy Project
India

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

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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 […]
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NHPC
India

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

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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 […]
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Kinetic Green
Business & Finance

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

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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 […]
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sign 7 agreements
Business & Finance

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

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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 […]
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Ola Electric and Ather Energy to reimburse EV charger amount
India

TVS, Ather, Ola hike prices of electric two-wheelers as new subsidy norms kick in – EQ Mag

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Electric two-wheeler makers TVS Motor Company, Ather Energy and Ola Electric have increased prices of their products as curtailed subsidy structure comes into effect from June 1. In a statement, TVS Motor Company stated that in order to propel the electrification journey further in a sustainable manner after FAME II scheme revision, it has increased […]
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NTPC Limited transfers renewable energy assets to NTPC Green Energy Limited (NGEL)
Europe & UK

Global renewable capacity additions set to reach more than 440 GW in 2023: IEA – EQ Mag

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LONDON : Global additions of renewable power capacity are expected to rise by a third this year, the International Energy Agency (IEA) said on Thursday, as stronger government policies and energy security concerns drive more clean energy deployment. In its Renewable Energy Market update report, the IEA said additions of renewable capacity worldwide are set […]
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Great Opportunity for India to Nurture Renewable Energy Industry to Become World Supplier Piyush Goyal
Europe & UK

Renewable energy surges, driven by solar boom and high fuel prices, report finds – EQ Mag

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The world is set to add a record amount of renewable electricity capacity this year as governments and consumers seek to offset high energy prices and take advantage of a boom in solar power BERLIN : The world is set to add a record amount of renewable electricity capacity this year as governments and consumers […]
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Brazil – TotalEnergies Partners With Casa dos Ventos to Jointly Develop a 12 GW Renewable Energy Portfolio
India

57% of power generated will be via renewable sources by 2027: Central Electricity Authority – EQ Mag

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India had only committed to reach the 50% target by 2030, but the CEA’s projections indicate that green sources could account for 57.4% of installed power capacity by 2026-27, and 68.4% by 2031-32 While India may have internationally committed to half its installed electricity being sourced from renewable sources by 2030, an estimate of the […]
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Engie confident short-term delay won’t affect its 2030 green hydrogen target
India

L&T set to create renewable energy infra for world’s largest green hydrogen plant at NEOM – EQ Mag

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Mumbai : The Power Transmission & Distribution Business of Larsen & Toubro has achieved important milestones for the Power Elements and Grid packages of the world’s largest green hydrogen plant being built by NEOM Green Hydrogen Company. Located at Oxagon in Saudi Arabia’s region of NEOM, NEOM Green Hydrogen Company (NGHC) is an equal joint-venture […]
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