In Short : The Ministry of New and Renewable Energy (MNRE) may achieve only 50% of its FY25 target under the PM Surya Ghar Yojana, aimed at boosting rooftop solar installations. Challenges like low awareness, financing hurdles, and implementation delays have slowed progress. Despite efforts to streamline processes and increase subsidies, meeting the target remains […]
India’s Power Generation Sees 5.4% Growth in FY25, Driven by Rising Demand and Clean Energy Expansion – EQ
In Short : India’s power generation increased by 5.4% in FY25, driven by rising electricity demand across industries and households. The growth was fueled by higher consumption, expanding renewable energy capacity, and improved grid infrastructure. As energy needs continue to surge, the government’s focus remains on enhancing generation efficiency, boosting clean energy investments, and ensuring […]
IREDA to raise Rs 29,500 crore through debt and equity in FY25 – EQ
In Short : The Indian Renewable Energy Development Agency (IREDA) plans to raise Rs 29,500 crore in FY25 through a combination of debt and equity. This fundraising initiative aims to support the expansion of renewable energy projects across India. The funds will be crucial in financing various green energy initiatives, contributing to the country’s goal […]
Gensol Engineering’s massive Rs 1783 Crore order book sets the pace for FY25 – EQ
In Short – Gensol Engineering’s robust Rs 1783 Crore order book sets a promising pace for FY25. This substantial backlog underscores their leadership in renewable energy solutions, poised to drive significant growth and impact in the coming year. In Details – Gensol Engineering Ltd, a prominent player in the renewable energy and electric mobility sectors, […]