In Short : The Maharashtra cabinet has approved an additional electricity sales tax for industrial and commercial consumers to enhance state revenue amid rising power sector costs. The new levy will increase electricity bills for large consumers while generating funds to support infrastructure and energy initiatives. Industry representatives have expressed concerns about the potential impact […]
India Launches ₹39,000 Crore Phased Carbon Capture Programme to Drive Industrial Decarbonisation – EQ
In Short : The Centre has unveiled a ₹39,000 crore Carbon Capture, Utilisation & Storage (CCUS) programme, to be rolled out in phases. With over half the funding coming from the government, the initiative aims to curb industrial and energy-related emissions, promote cleaner technologies, and strengthen India’s long-term climate goals while advancing its clean energy […]
Enel to deploy three massive energy storage projects in Europe
Global energy services company Enel X has secured a green light from the European Commission to deploy three innovative battery storage projects. The projects are within the framework of the second Important Project of Common European Interest (IPCEI), created to support the European battery industry. Some 42 European companies are participating in the IPCEI initiative. […]
