In Short : ONGC has outlined an ambitious roadmap to double its oil and gas reserves by 2032 while expanding its renewable energy capacity to 10 GW by 2030. The strategy aligns with its net zero commitment, focusing on clean energy projects, carbon reduction, and sustainable growth. ONGC aims to balance fossil fuel security with […]
India Can Power Entire EV Fleet by 2032 Using Just 3% of Planned Renewable Energy Capacity – EQ
In Short : India can power its entire electric vehicle fleet by 2032 using just 3% of its planned solar and wind capacity, says an Ember report. With an estimated 123 million EVs by then, only 15 GW of clean energy would be needed. Effective Time-of-Day tariffs and widespread daytime charging infrastructure are essential to […]
Maharatna PSU Powergrid projects Capex of over ₹3 lakh crore by 2032 – EQ
In Short : Power Grid Corporation, a Maharatna PSU, plans over ₹3 lakh crore capex by 2032, primarily for transmission projects. Currently managing ₹1.54 lakh crore worth of projects, it aims for 50% renewable electricity use by 2025, net water positivity by 2030, and zero landfill waste. The company focuses on green infrastructure like battery […]
Energy storage sector to attract Rs 4.79 trn investment by 2032: IESA – EQ
In Short : India’s energy storage sector is set to attract ₹4.79 lakh crore investment by 2032, says IESA. Storage needs will surge from 16 GW in 2026 to nearly 74 GW by 2032, supporting renewable integration and grid stability. Backed by government incentives and state targets, the sector is poised to play a key […]
BESS of India to hit 66 GW by 2032 with Rs 5L Cr boost – EQ
In Short : India’s battery energy storage system (BESS) market is set to reach 66 GW by 2032, backed by a ₹5 lakh crore investment. Government policies, including tax waivers and incentives, support this growth. With states like Rajasthan and Andhra Pradesh leading, BESS expansion will stabilize grids, cut CO₂ emissions, and boost India’s clean […]
NTPC IPO: NTPC Renewable Energy Ltd IPO to Hit Markets in 2022-23
NTPC Renewable Energy Ltd IPO to hit markets in 2022-23 to raise funds for achieving its ambitious target of 60 GW installed renewable energy capacity by 2032 State-run NTPC is considering listing its recently formed renewable energy subsidiary to raise funds for solar and wind power projects. NTPC Renewable Energy Ltd IPO is expected to […]