In Short : India’s public EV charging stations consumed around 764 MU of electricity from April 2024 to February 2025, reflecting a surge in EV adoption. Delhi led with 306.02 MU (40.11%), followed by Maharashtra (192.28 MU), Karnataka (64.66 MU), and Gujarat (58.31 MU). The rise aligns with the government’s PM E-DRIVE scheme, boosting infrastructure […]
Legacy Automakers Drive Electric Scooter Market Success in FY25 – EQ
In Short : In FY25, legacy auto firms Bajaj Auto and TVS Motor captured 40% of India’s e-scooter market, driven by the success of Bajaj Chetak and TVS iQube. Bajaj led Q4 with a 29% share, reflecting a shift towards established brands amid challenges for newer players. Reliable networks and brand trust have solidified their […]
Renewable energy accounts for 86% of new power capacity addition in FY25: Report – EQ
In Short : In FY25, renewable energy contributed 86% of India’s 33 GW new power capacity, raising the total to 475 GW, with 36% from renewables, according to Antique Stock Broking. March alone saw 5 GW added from clean sources. This marks a major step toward India’s 2030 goal of 500 GW non-fossil capacity and […]
Adani Energy Solutions ends Q4 and FY25 on record high – EQ
Q4PAT up 87% at Rs 714 crore FY25 PAT of Rs 2,427 crore excluding exceptional item of Rs 1506 crore, up 103% YoY Q4 EBITDA at Rs 2,262 crore, up 28% FY25 EBITDA at Rs 7,746, up 23% YoY FY25 was a momentous year for AESL with solid operating and financial performance. With its strong […]
India’s EV Sales Cross 2 Million in FY25, Two-Wheelers Drive the Surge – EQ
In Short : India’s EV sales crossed 20 lakh in FY25, marking a 17% annual growth. Electric two-wheelers led the surge with over 1.14 million units sold, making up 58% of total EV sales. Three-wheelers and passenger EVs also grew steadily. Despite progress, EVs formed just 7.8% of overall vehicle sales, highlighting the need for […]
Adani Green Energy sees 30% surge in operational capacity in FY25 – EQ
In Short : Adani Green Energy Ltd saw a 30% rise in operational capacity in FY25, reaching 14,243 MW, driven by 3,309 MW of new solar and wind projects. Solar capacity rose to 10,103 MW, and energy sales jumped 28% to 27,969 million units. This growth reinforces AGEL’s push towards expanding its renewable footprint and […]
GameChange Solar Secures 7 GW Orders in FY25, Expands India Portfolio to Over 13 GW – EQ
India Accelerates Clean Energy Growth with Record Solar and Wind Additions in FY25 – EQ
In Short : India added 23.8 GW of solar and 4.15 GW of wind capacity in FY25, pushing total renewable energy to 220 GW. Solar manufacturing also nearly doubled to 74 GW. While coal remains dominant, India is advancing toward its 500 GW non-fossil target with new storage-backed bids. The growth reflects strong policy support […]
NTPC records 438.6 BU Power Generation in FY25, Marks 3.88% YoY Growth – EQ
In Short : NTPC generated 438.6 BU of power in FY25, marking a 3.88% YoY growth. The company added 3,972 MW capacity, reaching nearly 80 GW. With 32 GW under construction, including 15 GW in renewables, NTPC targets 60 GW green energy by 2032. It is also expanding into e-mobility, battery storage, and green hydrogen […]
India adds record RE capacity of 25 GW in FY25 Pralhad Joshi – EQ
In Short : India added a record 25 GW of renewable energy capacity in FY25, a 35% rise from the previous year, as announced by Minister Pralhad Joshi. Solar led the growth, contributing 21 GW. India’s total non-fossil capacity reached 214.677 GW. The nation remains committed to its 500 GW renewable target by 2030 despite […]