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Blue Energy to Invest ₹3,500 Crore in Maharashtra for Advanced Clean Energy Manufacturing Facility – EQ

In Short : Blue Energy has partnered with the Maharashtra government to set up a clean energy facility with an investment of ₹3,500 crore. The project will focus on renewable energy manufacturing, creating jobs and boosting the state’s green infrastructure. This initiative aligns with India’s goal to accelerate sustainable industrial growth and transition toward a […]

DRDO Partners with SECI to Deploy 300 MW Solar Projects, Paving Way for Net-Zero Campuses by 2027 – EQ

In Short : DRDO has signed an MoU with SECI to develop 300 MW of solar renewable energy projects across its establishments, aiming to establish Net-Zero campuses by 2027. The initiative will enhance energy self-sufficiency, reduce carbon footprints, and lower operational costs, supporting India’s climate goals. The collaboration sets a benchmark for sustainable energy practices […]

ReNew Energy Receives $8.15 Share Takeover Offer from Masdar, CPP Investments, and Founder – EQ

In Short : ReNew Energy Global Plc has received a final non-binding takeover offer from a consortium including Masdar, CPP Investments, ADIA’s Platinum Hawk, and founder Sumant Sinha. The proposal values all outstanding shares at $8.15 each, representing a 15.3% increase over the initial bid. ReNew’s board has formed a committee to review the offer […]

TACC Secures ₹1,230 Crore SBI Funding to Launch Lithium-Ion Anode Facility in Dewas – EQ

In Short : TACC Limited, a subsidiary of HEG Ltd under the LNJ Bhilwara Group, has secured ₹1,230 crore funding from SBI for its lithium-ion battery-grade graphite anode manufacturing facility in Dewas, Madhya Pradesh. The greenfield project will produce 20,000 tonnes per year, strengthening India’s domestic energy materials ecosystem and supporting the country’s clean energy […]

Saatvik Green Energy Secures ₹689 Crore Orders, Strengthening India’s Solar PV Supply Leadership – EQ

In Short : Saatvik Green Energy and its subsidiary have secured solar PV module supply orders worth ₹689.47 crore from multiple power producers and EPC firms across India. The orders include ₹50.62 crore for Saatvik Green Energy and ₹638.85 crore for its arm, to be executed by mid-2026, reinforcing the company’s strong presence in India’s […]

EAAA Alternatives Commits ₹400 Billion to Power India’s Green Future with 8 GW Clean Energy Expansion – EQ

In Short : EAAA Alternatives plans to invest up to ₹400 billion in India’s clean energy sector over the next five years, targeting around 8 GW of renewable capacity. The investment, through its India Energy Transition Fund, will focus on solar, wind, and decarbonization projects, supported by global investors including the European Investment Bank. In […]

Morgan Stanley and MUFG Launch $1 Billion Sale of Vena Energy India, Signaling Major Exit for GIP – EQ

In Short : Morgan Stanley and MUFG have launched the $1 billion sale of Vena Energy India, marking Global Infrastructure Partners’ exit from the country. Vena Energy operates 957 MW of renewable assets with 59 MW under construction, alongside a 1.25 GW solar and wind pipeline and 752 MWh of BESS. The long-term PPAs, averaging 17 years at ₹4.5/kWh, make […]

CCI Approves Vedanta’s ₹17,000-Crore Acquisition of Jaiprakash Associates, Boosting Infrastructure Expansion – EQ

In Short : The Competition Commission of India (CCI) has approved Vedanta Limited’s ₹17,000 crore acquisition of Jaiprakash Associates Limited (JAL) under the Insolvency and Bankruptcy Code. Vedanta, the highest bidder, will pay ₹3,800 crore upfront with the remainder in installments over five years. The acquisition expands Vedanta into cement and infrastructure, enabling operational synergies […]

Ola Electric Set to Enter India’s BESS Market with “Ola Shakti” Energy Storage Solution – EQ

In Short : Ola Electric is preparing to enter India’s rapidly growing Battery Energy Storage System (BESS) market, valued at over $30 billion by 2030. The company plans to unveil its first non-vehicle product, “Ola Shakti,” in mid-October. Leveraging its 4680 Bharat Cell technology from the Tamil Nadu Gigafactory, Ola aims to offer modular and […]