In Short : Energy sector leaders are urging the government to prioritize increased investment, expanded Production-Linked Incentive (PLI) schemes, and tax reforms in the Union Budget 2025. Key proposals include financial relief for solar manufacturers, a uniform GST on batteries, and incentives for energy storage solutions and green hydrogen. These measures aim to boost domestic […]
ADB and Nepal Mark Over 5 Decades of Partnership in the Energy Sector – EQ
In Short : The Asian Development Bank (ADB) and Nepal have partnered for over 50 years to transform Nepal’s energy sector. This collaboration has driven hydropower development, rural electrification, and energy reforms, while enhancing transmission networks and promoting regional energy trade. ADB’s support has been crucial in harnessing Nepal’s hydropower potential, ensuring sustainable energy access, […]
Power Grid board approves ₹5,000 crore bond issue via private placement – EQ
In Short : The board of Power Grid Corporation has approved a bond issue of ₹5,000 crore through private placement. This move aims to raise funds for financing various infrastructure projects and strengthening the power transmission network. The issuance is expected to enhance the company’s financial stability and support its ongoing efforts to expand and […]
Rajasthan Cabinet approves setting up of four joint venture companies in energy sector – EQ
In Short : The Rajasthan Cabinet has approved the establishment of four joint venture companies in the energy sector. This decision aims to boost the state’s energy infrastructure, promote renewable energy projects, and enhance overall energy efficiency and sustainability. In Detail : Jaipur : The Rajasthan Cabinet on Saturday approved a proposal for the setting […]
Power, energy sector in India sees 9 pc growth in hiring in H1FY25: Report – EQ
In Short : A report indicates that the power and energy sector in India experienced a 9% growth in hiring during the first half of FY25. This increase reflects the sector’s expansion and the growing demand for skilled professionals in the energy industry. In Detail : The report further revealed that in the power and […]
JSW Energy Raises Rs.500 Million -EQ
In Short – JSW Energy secures Rs. 500 million in funding, bolstering its financial position and affirming investor confidence in its growth prospects, fueling further expansion and innovation in the energy sector. In Details – JSW Energy, a leading player in the Indian energy sector, has successfully raised Rs.500 million by selling shares to […]
Researchers unveil solar technology using a ‘miracle material’ that could revolutionize the energy sector: ‘It’s very exciting’ – EQ
In short – Researchers have introduced a groundbreaking solar technology harnessing a ‘miracle material,’ potentially transforming the energy sector. This innovation heralds an era of heightened efficiency and sustainability, offering promising prospects for renewable energy adoption on a global scale. In Details – Scientists across the globe are competing to engineer solar cells that most […]
India to invest USD 67 bln in energy sector in the next five years – EQ
In Short : India’s plan to invest USD 67 billion in the energy sector over the next five years signals a significant commitment to advancing and expanding its energy infrastructure. This investment is likely aimed at supporting renewable energy projects, enhancing energy security, and meeting the growing demand for power in the country. In Detail […]
Rajasthan ministers to be sent on Gujarat tour for training on energy sector – EQ
In Short : Rajasthan ministers are set to undergo a training program in Gujarat focused on the energy sector. This initiative aims to enhance knowledge and skills, fostering cross-state collaboration and leveraging Gujarat’s expertise to further develop Rajasthan’s energy capabilities. In Detail : Jaipur : Minister of State for Energy Hirlalal Nagar on Friday said […]
We have many plans in energy sector with India: Saudi Energy Minister – EQ Mag
The Minister made the statement while speaking to ANI on the sidelines of the two-day second edition of the Saudi Media Forum which began in the capital Riyadh. Riyadh : Saudi Arabia’s Energy Minister Prince Abdulaziz bin Salman on Monday said that Saudi Arabia has many plans in the energy sector in close coordination with […]