In Short : ReNew Power will invest ₹22,000 crore in a renewable energy hub in Anantapur, Andhra Pradesh, featuring an 1,800 MW solar plant, a 1,000 MW wind facility, and a 2 GWh battery storage system. The project marks ReNew’s return to the state after five years and aligns with Andhra Pradesh’s 2024 clean energy […]
REC sanctions ₹22,000 crore under new LPS Rules – EQ Mag Pro
As a step towards addressing the issue of mounting dues of the State power utilities which has now crossed ₹1,50,000 crore, the Ministry of Power, Govt. of India has issued Electricity, (Late Payment Surcharge and Related Matters) Rules, 2022 (LPS Rules 2022). This initiative works with the sole aim of financially strengthening the electricity suppliers […]
