In Short : The Asian Development Bank (ADB) has launched a new Country Partnership Strategy for Azerbaijan, focusing on economic diversification, green growth, and inclusive development. The strategy aims to support private sector expansion, strengthen climate resilience, and promote regional cooperation. This renewed framework reinforces ADB’s long-term commitment to Azerbaijan’s sustainable development and aligns with […]
Inox Wind Launches ₹1,249 Crore Rights Issue to Cut Debt and Boost Growth – EQ
In Short : Inox Wind plans to raise ₹1,249.33 crore through a rights issue by offering 10.41 crore shares at ₹120 each, a 27% discount to market price. Shareholders will get 5 shares for every 78 held. The issue opens on August 6 and closes on August 20, with proceeds used for debt reduction, preference […]
Inox Wind Launches ₹1,249 Crore Rights Issue to Fuel Growth and Cut Debt – EQ
In Short : Inox Wind plans to raise ₹1,249 crore via a rights issue, offering shares at ₹120 each—a 27% discount to market price. The issue opens on August 6 and closes on August 20, with a 5:78 entitlement ratio. Funds will be used to strengthen the company’s balance sheet, repay debt, and support business […]
West Bengal Launches Tender for 10 MW Rooftop Solar Rollout Across Five Regions – EQ
In Short : The West Bengal Renewable Energy Development Agency has invited bids for 10 MW of rooftop solar installations across five regions, including Kolkata, central, southern, northern, and hilly areas. The tender covers design, supply, installation, net metering, and five years of operations and maintenance. Bids are due by August 14, 2025, with specified earnest […]
Solex Energy Launches 2 New Advanced High-Performance Solar Products – EQ
This marks Solex’s focused expansion in Rajasthan, bringing robust, efficient &climate-resilient solar technology to support the region’s growing renewable energy demand. The Solex introduced two new solar modules tailored for Rajasthan’s extreme climate conditions & high-irradiance zones. The first, Tapi R, is India’s first rectangular cell module powered by N-Type TOPCon technology with a power […]
Hygenco Launches Green Hydrogen Plant to Fuel Sterlite’s Low-Carbon Fibre Manufacturing – EQ
In Short : Hygenco has commissioned a green hydrogen plant to supply clean fuel for Sterlite Technologies’ optical fibre manufacturing operations. Located in Aurangabad, the plant aims to significantly reduce carbon emissions in the production process. This initiative supports Sterlite’s decarbonization goals and marks another step in India’s transition toward sustainable industrial practices through the […]
Union Minister for Power and Housing & Urban Affairs, Shri Manohar Lal launches ADEETIE Scheme to Accelerate Industrial Energy Efficiency in India – EQ
National Roll-Out of ADEETIE: A ₹1000 Crore Scheme to Support MSMEs in Adopting Energy Efficient Technologies The Assistance in Deploying Energy Efficient Technologies in Industries & Establishments (ADEETIE) scheme is officially launched today by Hon’ble Union Minister of Power and Housing & Urban Affairs, Shri Manohar Lal at a national roll-out event held at Arya […]
Haryana Launches Statewide Push to Solarise All Agricultural Tube Wells Under PM-KUSUM Scheme – EQ
In Short : Haryana plans to solarise all agricultural tube wells under the PM-KUSUM scheme to cut diesel use and boost clean irrigation. The government will set up solar feeders and use public land for installations. With over 1.58 lakh solar pumps already deployed, the state targets 70,000 more by FY 2025–26, aiming to support […]
Delhi Launches Zero-Cost Rooftop Solar Scheme to Power Homes and Cut Bills – EQ
In Short : Delhi Chief Minister Rekha Gupta has launched a rooftop solar initiative under the RESCO model, enabling residents to install solar panels with zero upfront cost. Backed by a ₹50 crore budget and ₹30,000 state subsidy, the scheme aims to equip 2.3 lakh homes. It promises reduced electricity bills, cleaner energy, and supports […]
MNRE Launches ₹2.3 Crore Innovative Projects Start-Up Challenge to Accelerate Rooftop Solar and Distributed Renewable Energy Innovations – EQ
In Short : MNRE has launched a ₹2.3 crore Innovative Projects Start-Up Challenge to promote advancements in rooftop solar and distributed renewable energy. Open to startups, DISCOMs, NGOs, and R\&D bodies, the challenge seeks solutions like EV integration, smart grids, and blockchain-based energy trading. Selected proposals will receive funding support of up to 60%. Applications […]