In Short : The Union Cabinet has approved enhanced delegation of powers to Power Grid Corporation of India Limited (POWERGRID), increasing the equity investment threshold per subsidiary from ₹5,000 crore to ₹7,500 crore. The decision strengthens financial autonomy, accelerates transmission infrastructure development, and supports India’s renewable energy integration goals while reinforcing the company’s strategic execution […]
Cabinet Approves remuneration for Udupi-Kasaragod 400 kV Transmission Line Project – EQ
In Short : The Union Cabinet has approved compensation for land acquisition related to the Udupi-Kasaragod 400 kV transmission line project. This approval facilitates timely project execution, ensures fair remuneration to affected landowners, and supports India’s power transmission expansion, enhancing grid reliability and electricity flow between Karnataka and Kerala under the nation’s infrastructure and clean […]
Cabinet Approves ₹7,000 Crore Scheme to Boost Rare Earths Production in India – EQ
In Short : The Indian Cabinet has approved a ₹7,000 crore scheme to enhance domestic production and processing of rare earth elements, critical for strategic and high-tech industries. The initiative focuses on mining, processing, and research to reduce import dependence, strengthen resource security, and support India’s renewable energy, defense, and electronics sectors, positioning the country […]
Cabinet approves Rs.1,500 crore Incentive Scheme to promote Critical Mineral Recycling in the country – EQ
In Short : The Union Cabinet has cleared a ₹1,500 crore incentive scheme to promote recycling of critical minerals such as lithium, cobalt, and nickel. The move aims to strengthen domestic supply chains, reduce reliance on imports, and support clean energy technologies. By fostering circular economy practices, the initiative will boost sustainability and secure resources […]
Cabinet approves semiconductor manufacturing units in ODISHA, PUNJAB and ANDHRA PRADESH with an outlay of Rs.4600 crore – EQ
In Short : The Union Cabinet has approved semiconductor manufacturing units in Odisha, Punjab, and Andhra Pradesh with an outlay of ₹4,600 crore. The initiative aims to enhance domestic chip production, cut import reliance, and bolster India’s role in the global semiconductor supply chain, while creating employment opportunities and driving innovation in advanced electronics manufacturing. […]
Cabinet Approves ₹20,000 Crore Plan to Power NTPC’s Green Energy Ambitions – EQ
In Short : The Union Cabinet has approved a ₹20,000 crore investment plan for NTPC Ltd. to expand its renewable energy portfolio. The funds will be utilized through its subsidiaries and joint ventures to accelerate green energy projects across India. This move supports the nation’s clean energy goals and strengthens NTPC’s role in leading the […]
Cabinet approves enhanced delegation of power to NTPC Ltd for investing in NTPC Renewable Energy Ltd. and its other JVs/ subsidiaries to set up Renewable Energy Capacity – EQ
In Short : The Union Cabinet has approved greater delegation of power to NTPC Ltd, enabling it to invest more freely in NTPC Renewable Energy Ltd. and its joint ventures or subsidiaries. This move aims to accelerate the development of renewable energy capacity across India. The decision supports India’s clean energy transition and aligns with […]
Assam cabinet approves mega industrial park, new policy for green energy – EQ
In Short : The Assam Cabinet has approved a mega industrial park and a new green energy policy to boost investments and sustainability. With ₹3,114 crore in private sector collaborations, the initiative aims to create thousands of jobs. Additionally, a 5-star hotel near Kaziranga is planned, reinforcing Assam’s push for industrial growth and eco-friendly development. […]
Andhra Pradesh cabinet approves Rs 2723 cr for Amaravati works other investments – EQ
In Short : The Andhra Pradesh cabinet has approved a budget of ₹2,723 crore for development works in Amaravati, aiming to accelerate infrastructure and urban development in the capital region. Additionally, the cabinet cleared investments for other key sectors, including education, healthcare, and industrial growth, reinforcing the state’s commitment to holistic economic and social progress. […]
Cabinet approves Rs 2,980 crore for Exploration of Coal and Lignite scheme – EQ Mag
The approval will provide an outlay of Rs 1,650 crore for promotional (Regional) exploration and Rs 1,330 crore for detailed drilling in non-CIL areas, the statement said The government on Wednesday approved the continuation of the central sector plan ‘Exploration of Coal and Lignite scheme’ with an estimated expenditure of Rs 2,980 crore. The time […]