In Short : Power Finance Corporation (PFC) is set to raise ₹10,000 crore through public bonds, its first such issue in more than 10 years. With bank lending growth slowing, PFC is turning to retail investors for capital. The funds will be used to strengthen infrastructure financing, focusing on power and renewable energy projects to […]
Reliance NU Suntech to Develop ₹10,000 Crore Solar-Battery Mega Project Under SECI Pact – EQ
In Short : Reliance NU Suntech, a Reliance Power subsidiary, has signed a 25-year Power Purchase Agreement with SECI to develop Asia’s largest single-location solar and battery energy storage system (BESS) project. Valued at ₹10,000 crore, the project is expected to be completed in 24 months. It marks a major step in India’s renewable energy […]
Uttar Pradesh Greenlights ₹10,000 Crore Solar Projects to Boost Renewable Energy and Economic Growth – EQ
In Short : The Yogi Adityanath-led government in Uttar Pradesh has approved ₹10,000 crore worth of solar projects. These projects aim to significantly boost the state’s renewable energy capacity, contributing to its clean energy goals and reducing dependence on conventional power sources. The initiative is expected to create job opportunities, foster economic growth, and support […]
Okaya targets million EV sales, the revenue of ₹10,000 crore by 2025 – EQ Mag Pro
Okaya EV is eying Rs 10,000 crore revenue and aims to sell one million vehicles in the next three years. Okaya Power Group’s EV arm, Okaya Electric Vehicles, is eying Rs 10,000 crore revenue and aims to sell one million vehicles in the next three years. Okaya EV said it has already sold 1.70 lakh […]