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 […]
Energy sector demands enhanced investment, PLI boost, and tax reform in Union Budget 2025 – EQ
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 […]
IREDA Secures International Credit Rating from S&P, Eyes Enhanced Global Presence – EQ
In Short : The Indian Renewable Energy Development Agency (IREDA) has secured an international credit rating from S&P, aiming to strengthen its global presence. This rating is expected to boost IREDA’s credibility in international markets, facilitating better access to global financing. The agency’s enhanced global standing will support its mission to promote renewable energy projects […]