In Short : Green hydrogen is set to revolutionize India’s steel industry by significantly reducing carbon emissions and dependence on fossil fuels. As one of the most energy-intensive sectors, steel manufacturing can achieve deep decarbonization through hydrogen-based production. Supported by government initiatives and renewable integration, green hydrogen is emerging as the cornerstone of India’s sustainable […]
India Gears Up for Green Steel Revolution with Projected Demand of 179 Million Tonnes by 2050 – EY
In Short : India’s demand for green steel is projected to surge to 179 million tonnes by 2050, driven by growth in infrastructure, construction, and automotive sectors. An EY-WWF-CII report highlights initial demand at 4.49 MT by 2030, rising to 73.44 MT by 2040. Falling costs, global carbon regulations, and technological advances will accelerate the […]
Simple Energy Gears Up for ₹3,000 Crore IPO to Power EV Expansion by FY27 – EQ
In Short : Simple Energy plans a ₹3,000 crore ($350 million) IPO in FY27 to expand manufacturing, boost R&D, and scale nationwide operations. The EV maker targets EBITDA profitability by FY26 and aims to sell over 1 lakh scooters before listing. With strong revenue growth, 95% local sourcing, and plans for 500 retail touchpoints, it […]
India Gears Up for 5 GW Data Centre Boom by 2030 with $22 Billion Investment Surge – EQ
In Short : India’s data centre capacity is projected to surpass 5 GW by 2030, backed by over $22 billion in capital investment. Rapid growth is driven by surging demand for AI, cloud, and digital services. With major players like Reliance, Adani, and Airtel investing heavily, India is emerging as a key Asia-Pacific digital hub, […]
India Gears Up for Mobility Boom: Vehicle Count to Hit 500 Million by 2050 – EQ
In Short : India’s vehicle ownership is projected to double by 2050, reaching nearly 500 million, with 90 million cars and 350 million two-wheelers, according to a CEEW report. Rapid growth is expected in northern and western states. While electric two- and three-wheelers are cost-effective, heavy commercial vehicles may rely on fossil fuels unless green […]
CleanMax Enviro Gears Up for ₹5,000 Crore IPO to Accelerate Green Energy Expansion – EQ
In Short : CleanMax Enviro plans a ₹5,000 crore IPO by end-2025 to expand its renewable energy portfolio and reduce debt. Backed by Brookfield, the offer includes both primary and secondary shares. With 1.7 GW in operation and 1.5 GW in pipeline, CleanMax serves over 750 clients including Google and Amazon, aiming to capitalize on […]
India Gears Up for 28 Million EVs by 2030 with Renewables and Storage in Focus – EQ
In Short : India is set to have over 28 million electric vehicles on the road by 2030, driven by rising demand, government incentives, and better infrastructure. Two-wheelers will dominate EV sales, followed by four-wheelers and commercial vehicles. To support this growth, India’s power capacity must nearly double, with a strong push for renewable energy […]
Maharashtra Gears Up for Green Mobility: PIC to Draft Comprehensive EV Policy – EQ
In Short : The Pune International Centre (PIC) plans to draft a new electric vehicle (EV) policy for Maharashtra, focusing on boosting EV adoption and supporting sustainable transportation. The policy aims to address infrastructure needs, promote investment in the EV sector, and provide incentives for manufacturers and consumers. This initiative aligns with Maharashtra’s goals for […]