In Short : Power tariffs for domestic consumers will remain unchanged in the 2026–27 fiscal, providing relief to households and ensuring affordability. The decision aims to maintain price stability while balancing utility finances and operational costs. Stable tariffs are expected to support consumer confidence, manage inflationary pressures, and ensure continued electricity access without additional financial […]
New IEA report lays out pathway to finance universal electricity access in Africa – EQ
In Short : A new International Energy Agency (IEA) report outlines a strategic roadmap to finance universal electricity access across Africa. The report emphasizes mobilizing public and private investments, expanding renewable energy infrastructure, and ensuring affordable access for all. It highlights that achieving full electrification by 2030 requires stronger policy support, international cooperation, and innovative […]
Electricity access continues to improve in 2024 – after first global setback in decades – EQ
In Short : In 2024, global electricity access has rebounded after setbacks during the COVID-19 pandemic. Renewables, microgrids, and increased investments have driven progress, particularly in underserved regions like sub-Saharan Africa and South Asia. Technological advancements, policy reforms, and humanitarian efforts are bridging energy gaps. Challenges like climate risks and political instability remain, but electrification […]