In Short : Industry stakeholders believe that customs duty exemption on lithium batteries will significantly support the creation of electric vehicle infrastructure in India. By reducing input costs, the policy is expected to accelerate EV adoption, improve affordability, strengthen charging networks, and stimulate domestic manufacturing, ultimately supporting India’s transition toward clean mobility and a sustainable […]
In Short : ReNew is planning a $500 million bond issuance to strengthen its financial position and support the expansion of its renewable energy portfolio. The proposed fundraising reflects strong investor confidence in clean energy assets and highlights the growing role of global capital markets in financing large-scale renewable projects and sustainability-driven infrastructure. In Detail […]
Summary: — ### **1. Nature of the Petition** – **Petitioner:** Power Grid Corporation of India Limited (PGCIL) – **Respondents:** Madhya Pradesh Power Management Company Limited (MPPMCL) and 6 Others (including MSEDCL) – **Subject:** Determination of **transmission tariff for the 2024–29 tariff period** for assets under the project **”Transmission Network Expansion in Gujarat to increase ATC […]
In Short : Several European nations have reaffirmed their long-term commitment to wind energy by jointly pledging to develop 100 GW of wind power capacity. The announcement highlights Europe’s determination to accelerate clean energy deployment, strengthen energy security, reduce emissions, and position wind power as a central pillar of the continent’s energy transition strategy. In […]
In Short : Avaada has approached foreign banks to raise around $700 million in project finance to support its growing renewable energy portfolio. The proposed funding aims to back large-scale solar and hybrid projects, strengthen balance sheet flexibility and support timely execution as the company scales capacity in line with India’s accelerating clean energy and […]
In Short : At the World Economic Forum 2026 in Davos, Union Minister Pralhad Joshi called on global investors to collaborate in India’s fast-growing clean energy sector. He highlighted India’s ambitious renewable targets, policy stability and large-scale opportunities across solar, wind, green hydrogen and storage, positioning the country as a reliable, long-term destination for sustainable […]
In Short : NLC India has signed a ₹25,000 crore memorandum of understanding with the Government of Gujarat to develop large-scale renewable energy projects. The agreement aims to accelerate clean energy capacity addition, attract investment, and support regional economic growth while strengthening India’s transition toward sustainable and diversified power generation across solar, wind, and hybrid […]
In Short : Inox Clean Energy has secured a major investment commitment of $330 million from a mix of foreign and domestic investors, marking a significant boost for its renewable energy ambitions. The funding is expected to support capacity expansion, project development, and balance-sheet strengthening, reinforcing Inox Clean’s position as a key player in India’s […]
In Short : Goldi Solar aims to expand its production capacity to 5 GW for solar modules and 16 GW for solar cells by FY28, addressing rising domestic demand for clean energy solutions. The expansion underscores the company’s commitment to supporting India’s renewable energy targets and strengthening local manufacturing capabilities amid growing adoption of solar […]
In Short : Adani Green Energy has formed a new subsidiary, Adani Ecogen Five, to strengthen and expand its renewable energy portfolio. The move reflects a structured growth strategy aimed at project-specific development, improved asset management, and scalable deployment of clean energy capacity, reinforcing the company’s long-term leadership ambitions in India’s renewable energy sector. In […]