In Short : The board of Power Grid Corporation of India Limited approved a new merger plan for 28 subsidiaries to simplify corporate structure and improve operational efficiency. The restructuring aims to enhance asset management, reduce administrative overheads, and strengthen project execution. The move is expected to support transmission expansion, financial optimization, and long-term growth […]
Sahaj Solar Approves UAE Subsidiary to Establish 750 MW Solar Panel Manufacturing Facility – EQ
In Short : Sahaj Solar has approved the formation of a subsidiary in the United Arab Emirates to establish a 750 MW solar panel manufacturing facility. The move aims to expand the company’s global presence and strengthen its manufacturing capabilities in the renewable energy sector. The project is expected to support growing international demand for […]
Maharashtra Approves Procurement of 2,269 MW Solar Power to Accelerate Clean Energy Expansion – EQ
In Short : Maharashtra has approved the procurement of 2,269 MW of solar power to strengthen its renewable energy capacity and support the state’s transition toward cleaner electricity generation. The move will help distribution companies meet renewable purchase obligations while improving power availability. The initiative also contributes to India’s broader renewable energy targets and long-term […]
JK Tyre Approves ₹5.04 Crore Investment in Solar Company Sunpulse Power – EQ
In Short : JK Tyre & Industries has approved an investment of ₹5.04 crore in solar energy company Sunpulse Power Private Limited. The move aims to support renewable energy adoption and strengthen the company’s sustainability initiatives. The investment will help develop solar power capacity to meet part of JK Tyre’s energy needs while reducing carbon […]
Tamil Nadu Approves 1,500 MWh Battery Storage Projects to Strengthen 24×7 Green Power Supply – EQ
In Short : The Tamil Nadu government has cleared 1,500 MWh of battery energy storage projects to enhance round-the-clock renewable power supply. The initiative aims to improve grid stability, support higher renewable integration, and ensure reliable electricity distribution. The move marks a significant step in strengthening energy storage infrastructure and advancing the state’s clean energy […]
Cabinet approves Startup India Fund of Funds 2.0 to Mobilize Venture Capital for India’s Startup Ecosystem – EQ
In Short : The Union Cabinet has approved the Startup India Fund of Funds 2.0 with a ₹10,000 crore corpus to mobilize venture capital for India’s startup ecosystem. The initiative aims to boost domestic funding for deep-tech, innovation-led, and early-growth startups through SEBI-registered Alternative Investment Funds, strengthening India’s entrepreneurial landscape and accelerating long-term economic growth. […]
Kerala Approves Smart Prepaid Billing Procedure to Modernize Power Distribution – EQ
In Short : Kerala has approved a smart prepaid billing procedure aimed at modernizing electricity distribution and improving revenue efficiency. The initiative introduces prepaid smart meters, enabling consumers to monitor usage in real time and manage expenses effectively. The reform is expected to reduce billing disputes, enhance transparency, and strengthen the financial health of the […]
Telangana Approves Third DISCOM and Accelerates Renewable Energy Expansion Strategy – EQ
In Short : The Telangana Cabinet has approved the creation of a third DISCOM to manage high-demand sectors and unveiled a comprehensive power sector expansion plan. Key measures include procurement of 3,000 MW solar power, development of 10,000 MW pumped storage capacity, new thermal projects, captive power liberalization, and underground power infrastructure for Hyderabad. In […]
IWDC 3.0 Approves Over ₹1,500 Crore Projects to Drive Green Mobility, Cargo Movement & River Tourism on India’s Inland Waterways – EQ
In Short : At the third Inland Waterways Development Council (IWDC 3.0) meeting in Kochi, chaired by Union Minister Sarbananda Sonowal, the government approved projects worth over ₹1,500 crore to accelerate green mobility, strengthen cargo transport logistics, and expand river tourism on India’s inland waterways. Key initiatives include new terminals, hybrid vessels, cruise jetties, and […]
World Bank Approves $680 Million Funding for Assam Road Upgrades with Integrated EV Charging Infrastructure – EQ
In Short : The World Bank has approved $680 million in funding for road development projects in Assam, including the integration of electric vehicle charging hubs. The investment aims to improve connectivity, enhance road safety and support sustainable mobility by combining modern transport infrastructure with clean energy-enabled EV charging facilities across key corridors in the […]