India

India

India’s innovation, strategic partnerships key to global climate targets: EDF president Fred Krupp – EQ

January 27, 2025 Anand Gupta

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In Short : EDF President Fred Krupp emphasized India’s role in achieving global climate targets, highlighting its innovation and strategic partnerships. He praised India’s advancements in renewable energy and its proactive approach to sustainability. Krupp stressed that collaborations between India and international stakeholders are critical to accelerating green technology development, reducing emissions, and addressing the […]

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India

Maharashtra Gears Up for Green Mobility: PIC to Draft Comprehensive EV Policy – EQ

January 27, 2025 Anand Gupta

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In Short : The Pune International Centre (PIC) plans to draft a new electric vehicle (EV) policy for Maharashtra, focusing on boosting EV adoption and supporting sustainable transportation. The policy aims to address infrastructure needs, promote investment in the EV sector, and provide incentives for manufacturers and consumers. This initiative aligns with Maharashtra’s goals for […]

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EV penetration to surge in 3 years with reliable models, competitive prices, and expanding charging network: Axis Capital – EQ

January 27, 2025 Anand Gupta

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In Short : Axis Capital predicts a surge in electric vehicle (EV) penetration within three years, driven by the availability of reliable models, competitive pricing, and a rapidly expanding charging infrastructure. The growth reflects increasing consumer confidence in EV technology and government incentives promoting sustainable mobility. This shift is expected to transform the automotive landscape […]

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India

Hyundai Strengthens India’s EV Landscape with Localization and Innovation – EQ

January 25, 2025 Anand Gupta

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In Short : Hyundai Motor India has achieved 92% localization, producing over 1,200 components and assembling EV battery packs locally at its Chennai facility. With an annual capacity of 75,000 battery packs, the initiative powers models like the Creta Electric, saves $672 million in foreign exchange, and creates 1,400+ jobs, boosting India’s EV manufacturing ecosystem. […]

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India

IESA projects $500 mn investment in India’s battery, mobility ecosystem – EQ

January 25, 2025 Anand Gupta

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In Short : The India Energy Storage Alliance (IESA) predicts $500 million in investments for India’s battery and mobility startups in 2025. Following the Bharat Battery Show, where 100 startups showcased innovations, this funding is set to accelerate advancements in battery technology, EV infrastructure, and energy storage, aligning with India’s sustainable mobility and green energy […]

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India

H2Earth plans to set up silicon, green hydrogen-ammonia plants in India, says Director Kapil Agarwal – EQ

January 25, 2025 Anand Gupta

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In Short : H2Earth is set to establish silicon and green hydrogen-ammonia plants in India, as announced by Director Kapil Agarwal. These initiatives aim to bolster India’s renewable energy infrastructure, promote self-reliance in clean energy production, and support the country’s National Hydrogen Mission. The projects align with India’s commitment to achieving a sustainable and low-carbon […]

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India

Indian Oil’s green hydrogen plant in Panipat will be commissioned within 2 years says Chairman, IOC – EQ

January 25, 2025 Anand Gupta

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In Short : Indian Oil Corporation (IOC) Chairman Shrikant Madhav Vaidya announced that the green hydrogen plant in Panipat will be commissioned within two years. The facility will support India’s push for clean energy, reducing carbon emissions and enhancing energy security. This project aligns with IOC’s commitment to sustainable initiatives and India’s National Hydrogen Mission […]

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India

Green energy budget may increase by at least Rs 10,000 crore – EQ

January 24, 2025 Anand Gupta

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In Short : India’s FY 2025-26 budget may increase the renewable energy allocation by ₹10,000 crore, reaching ₹30,000 crore. The boost supports initiatives like the PM Surya Ghar scheme for 5 million rooftop solar systems by March 2026, alongside funding for the Green Energy Corridors and National Green Hydrogen Mission, reinforcing India’s green energy ambitions. […]

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India

Ireda board gives green light to Rs 5,000 crore fundraising through QIP – EQ

January 24, 2025 Anand Gupta

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In Short : The IREDA board has approved raising ₹5,000 crore through a Qualified Institutional Placement (QIP). The funds will be utilized to boost renewable energy financing, supporting India’s clean energy transition. This move aligns with IREDA’s mission to expand green energy projects and accelerate the country’s progress toward achieving its sustainable development goals. In […]

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India

Fresh US sanctions on Russia to have little impact on India; prices to remain settled at $75-85: IOC Chairman Sahney – EQ

January 24, 2025 Anand Gupta

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In Short : IOC Chairman Shrikant Madhav Vaidya stated that fresh U.S. sanctions on Russia are unlikely to significantly impact India, with oil prices expected to remain stable between $75-$85 per barrel. He emphasized India’s diversified energy strategy and assured steady supply, highlighting the country’s resilience in navigating global energy market fluctuations. In Detail : […]

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