In Short : Larsen & Toubro’s Power Transmission & Distribution business has secured large grid infrastructure orders worth ₹2,500–5,000 crore in the Middle East. The projects include a 400 kV substation linking the UAE and Oman, several 132 kV substations, and 380 kV transmission lines in Saudi Arabia. These contracts strengthen regional grid interconnections and […]
Goa Plans ₹5,000 Crore JICA-Backed Power Infrastructure Upgrade to Boost Reliability and Renewable Integration – EQ
In Short : Goa is exploring a ₹5,000 crore loan from the Japan International Cooperation Agency (JICA) to modernize its power infrastructure. The funding will support upgrading the electricity network, enhancing grid reliability, and integrating renewable energy sources. The initiative aims to improve power supply efficiency, strengthen energy resilience, and promote sustainable electricity access for […]
CESC Green Power Commits ₹5,000 Crore to Expand India’s Solar, Battery, and Renewable Energy Infrastructure – EQ
In Short : CESC Green Power, a subsidiary of CESC Ltd., is investing ₹5,000 crore in clean energy projects across India. The initiative includes a 3+ GW solar cell/module manufacturing plant, battery production facilities, a 60 MW renewable energy power plant, and ancillary units. The investment aims to expand CESC’s renewable portfolio, boost domestic manufacturing, […]
India to Launch ₹5,000 Crore Green Steel Mission to Drive Decarbonisation in Industry – EQ
In Short : The government is planning a ₹5,000 crore scheme to drive decarbonisation in the steel industry, said Steel Secretary Nagendra Nath Sinha. The program will support green hydrogen adoption, energy-efficient technologies, and low-carbon production practices. Designed to cut emissions from the steel sector, it aligns with India’s clean energy transition and long-term net-zero […]
Ashok Leyland Powers India’s Green Future with ₹5,000 Crore Battery Ecosystem Investment – EQ
In Short : Ashok Leyland will invest ₹5,000 crore over the next decade to strengthen India’s battery ecosystem. The company aims to localize production of advanced batteries for electric vehicles and energy storage systems. Partnering with China’s CALB Group and setting up a Global Centre of Excellence, Ashok Leyland targets sustainable, self-reliant energy solutions while […]
SAEL Commits ₹5,000 Crore for Solar Cell Plant in Uttar Pradesh to Boost Domestic Manufacturing – EQ
In Short : SAEL Industries will invest ₹5,000 crore to establish a 5 GW solar cell manufacturing facility in Greater Noida, Uttar Pradesh. The plant supports India’s push for local solar production, aligning with the upcoming ALMM policy. SAEL also plans an IPO within a year and may expand into wafers and ingots, strengthening its […]
Karnataka inks MoU with GAIL for 1 GW renewable energy project – EQ
In Short : Karnataka has signed an MoU with GAIL (India) Ltd. to develop 1 GW of renewable energy, with an investment of ₹5,000 crore. The project will include solar, wind, and storage solutions, boosting Karnataka’s clean energy capacity. GAIL will benefit from the state’s supportive policies, skilled workforce, and land availability, while generating employment […]
Datta Infra Signs ₹5000 Crore MoU in Renewable Energy at Rising Rajasthan 2024 – EQ
New Delhi – Datta Power Infra Private Limited today signed a landmark Memorandum of Understanding (MOU) for a ₹5000 crore investment in Rajasthan’s renewable energy infrastructure, at the prestigious Rising Rajasthan 2024 event. Dedicated to the cause of advancing sustainable infrastructure development in the state, Datta Infra is headed by Mr VarchasviGagal, a young and […]
Power Grid board approves ₹5,000 crore bond issue via private placement – EQ
In Short : The board of Power Grid Corporation has approved a bond issue of ₹5,000 crore through private placement. This move aims to raise funds for financing various infrastructure projects and strengthening the power transmission network. The issuance is expected to enhance the company’s financial stability and support its ongoing efforts to expand and […]
SJVN Achieves Annual Capex Target of Fy 2021-22 Of ₹5000 Crore. One Month in Advance – EQ Mag Pro
Setting out to meet the ambitious Capital Expenditure (CAPEX) utilisation target of Rs 5000 crores for FY 2021-22, SJVN has crossed the target, one month in advance. Sh. Nand Lal Sharma, Chairman & Managing Director today informed that by achieving Rs 5007.89 Crore by 28th February 2022, SJVN has crossed 100.16% of the targeted CAPEX […]