In Short : Waaree Renewable Technologies has reported a revenue of ₹1,121 crore, driven by strong performance in the renewable energy sector. The company is now targeting participation in solar bids totaling 23 GW, reflecting its ambition to expand its footprint in India’s rapidly growing solar energy market. This strategic move aligns with the nation’s […]
Sunsure Energy Secures ₹4 Billion from Aseem Infrastructure to Propel Solar Expansion – EQ
In Short : Sunsure Energy has raised ₹4 billion from Aseem Infrastructure to boost its renewable energy projects. This funding will support Sunsure’s expansion plans in solar energy, enhancing its capacity to deliver sustainable power solutions. The partnership with Aseem Infrastructure underscores a shared commitment to advancing India’s clean energy transition and fostering long-term environmental […]
CEA Urges States to Leverage Private Capital for $107 Billion Transmission Grid Expansion – EQ
In Short : The Central Electricity Authority (CEA) has urged states to leverage private capital for a $107 billion expansion of the transmission grid. This initiative aims to strengthen and modernize the grid infrastructure to support the growing demand for electricity and the integration of renewable energy sources. By involving private investment, the CEA seeks […]
Technip Energies plans strategic expansion in India – EQ
In Short : Technip Energies has announced plans for a strategic expansion in India, aiming to strengthen its presence in the region’s growing energy and infrastructure sectors. The company seeks to leverage India’s push toward renewable energy, hydrogen, and sustainable solutions, enhancing its capabilities to deliver innovative projects while supporting the country’s transition to cleaner […]
Expansion of electric vehicle grid hits roadblocks in rural WA – EQ Mag Pro
A new statewide plan would use federal dollars to build chargers every 50 miles, upgrading rural utilities and combating ‘range anxiety.’ Just off Interstate 90 as it climbs the eastern side of the Cascades, Terra Sullivan and her family stumbled out of their car at an electric vehicle charging station outside Cle Elum. A thin […]
PIL in Delhi HC seeks expansion of FAME scheme, inclusion of hydrogen-powered vehicles
New Delhi: A Public Interest Litigation (PIL) has been filed in Delhi High Court seeking directions to the Centre for expansion of benefits and incentives under phase II of faster adoption and manufacturing of electric vehicles in India (FAME) scheme for hydrogen-powered fuel-cell electric automobiles. The petitioner Ashwini Kumar, a practicing advocate, sought directions to […]
NALCO to invest Rs 30,000 cr on new projects, expansion
BHUBANESWAR: Buoyed by two-fold jump in net profit to Rs 1,342 crore last fiscal, the state-owned NALCO today announced plans to invest over Rs 30,000 crore to launch a host of new projects and undertake expansion. “NALCO achieved highest net profit in last 10 years of Rs 1,342 crore during 2017-18 against Rs 669 crore […]