In Short : India is considering a $12 billion (₹1 lakh crore) bailout to rescue debt-laden state power distribution companies. The plan, led by the Power and Finance Ministries, ties funding to reforms requiring states to privatize or list utilities within three years. With losses exceeding ₹7 trillion, the initiative aims to restore financial stability […]
Iberdrola increases UK ‘green’ and grid investments to £12 billion – EQ
In Short : Spanish energy company, Iberdrola, has announced plans to increase its investments in UK ‘green’ and grid projects to £12 billion. This investment, which is double the company’s previous commitment, aims to support the UK’s transition to a low-carbon economy by focusing on renewable energy and smart grid infrastructure. In Detail : Spanish […]
