In Short : A recent report forecasts that clean energy investments will surpass oil and gas spending by 2025. This shift highlights the accelerating global transition towards renewable energy sources. The surge in funding for clean energy reflects growing commitments to address climate change and reduce dependence on fossil fuels, paving the way for a […]
India’s Renewable Energy Sector Witnesses Unprecedented Growth with ₹28 Lakh Crore Investments – EQ
In Short : Renewable energy projects account for over ₹28 lakh crore in Renewable Resource (RR) Memorandums of Understanding (MoUs). This substantial investment underscores the growing focus on renewable energy in India’s development agenda, reflecting the country’s commitment to sustainable growth and reducing its carbon footprint through enhanced clean energy initiatives. In Detail : Renewable […]
Andhra Pradesh cabinet approves Rs 2723 cr for Amaravati works other investments – EQ
In Short : The Andhra Pradesh cabinet has approved a budget of ₹2,723 crore for development works in Amaravati, aiming to accelerate infrastructure and urban development in the capital region. Additionally, the cabinet cleared investments for other key sectors, including education, healthcare, and industrial growth, reinforcing the state’s commitment to holistic economic and social progress. […]
Telangana bags fresh manufacturing investments worth Rs 7600 crore – EQ
In Short : Telangana has secured fresh manufacturing investments worth ₹7,600 crore, boosting its industrial growth. The investments span sectors such as electronics, textiles, and pharmaceuticals, promising significant job creation and economic development. Telangana’s proactive policies, infrastructure, and business-friendly environment continue to attract major investments, reinforcing its status as a leading industrial hub in India. […]
Start-ups and renewable energy sectors see surge in investments between India-UAE post CEPA: India’s ambassador to UAE – EQ Mag
Non-traditional sectors like start-ups and renewable energy has seen a substantial surge in the two-way investments between India and the United Arab Emirates, led by strong investor confidence post the bilateral comprehensive free trade agreement signed last year, said India’s ambassador to the UAE Sunjay Sudhir at a business event in Dubai marking one year […]
Portugal ends mandatory environmental assessments for green hydrogen projects – EQ Mag
LISBON : Portugal wants to speed up investments in green hydrogen projects, which are essential to decarbonize the economy, and will end mandatory environmental assessments for them in March 2023, Prime Minister Antonio Costa said. Portugal expects to become a major producer and exporter of green hydrogen with 70 private investors or groups planning to […]
ENGIE : Utility Engie to Boost Investments in Renewables and Step Up Asset Sales
PARIS : French power company Engie announced on Tuesday plans to boost investments in the renewables sector and step up disposals of non-core assets, as part of a strategic program to improve its business performance. Engie said it was targeting between 9-10 billion euros ($11-$12 billion) worth of disposals over 2021-2023, which in turn would […]
KKR Aims to Raise $12 Billion for Latest Infrastructure Fund
KKR & Co. is seeking about $12 billion for its fourth global infrastructure fund, according to a person with knowledge of the matter. The private equity firm raised $3.9 billion for its first Asia-Pacific infrastructure fund in January, amassing the largest pool of cash in the region for investments including waste management, renewable energy and […]
Petition for grant of registration to establish and operate a Power Exchange
CERC proposes to grant registration to Pranurja Solutions to establish and operate a power exchange Petition for grant of registration to establish and operate a Power Exchange Petition under Regulation 16 of the Central Electricity Regulatory Commission (Power Market) Regulations, 2010 as amended, for grant of registration to establish and operate a Power Exchange in […]
Kuwait firm to invest in solar and water projects in Sindh
“Our company would make direct investment and where necessary they would work on PPP mode,” the CEO Abdullah Al Mutairi said. Enertech, a Kuwaiti State-Owned Enterprise has expressed interest to invest in water, solar and food security sectors of Sindh. Sindh Chief Minister Syed Murad Ali Shah has said that his government has a comprehensive […]
