In Short : IREDA CMD has called for greater focus on community-driven clean energy to sustain India’s renewable energy momentum. Emphasizing local engagement, he highlighted that decentralized projects and stakeholder participation can accelerate adoption, enhance sustainability, and ensure equitable benefits. Supporting both rural and urban clean energy initiatives is essential for maintaining India’s growth in […]
IEX Q1 Profit Surges 25% on Robust Power Demand and Renewable Trading Momentum – EQ
In Short : IEX reported a 25.2% year-on-year jump in Q1 consolidated profit to ₹120.7 crore, driven by a 14.9% rise in traded power volumes to 32.4 BU. Revenue increased 19.2% to ₹184.2 crore. REC trading surged 149% to 52.7 lakh certificates. Enhanced market liquidity softened prices, while DAM, RTM and green segments continued to […]
REC Reports Strong Q1 with 29% Profit Surge and Accelerated Green Financing Momentum – EQ
In Short : REC Ltd posted a 29% jump in Q1 net profit to ₹4,451 crore, supported by a 36% rise in disbursements to ₹59,508 crore. Total income stood at ₹12,101 crore. The strong performance reflects REC’s expanding role in financing India’s power and infrastructure sectors, with increasing emphasis on clean energy and sustainable development […]
India’s Green IPO Wave Gains Momentum with ₹25,000 Crore Renewable Push – EQ
In Short : India is seeing a surge in clean energy IPOs this fiscal, with companies preparing public issues worth ₹25,000 crore. Major players like CleanMax Enviro and INOX Clean Energy are each planning ₹4,000–5,000 crore listings. The capital raised will support growth in solar power, energy storage, and green infrastructure, aligning with the country’s […]
India’s EV Surge Accelerates in May 2025, Led by Two-Wheelers and State-Level Momentum – EQ
In Short : India recorded 1.79 lakh EV sales in May 2025, with electric two-wheelers leading at 56% share. TVS, Bajaj, and Ola dominated this segment. E3Ws and E4Ws also saw strong growth, while electric bus sales rose 19% month-on-month. Uttar Pradesh topped EV registrations among states, reflecting India’s accelerating transition to electric mobility across […]
Tesla Eyes Maharashtra For EV Plant as India Entry Gains Momentum: Report – EQ
In Short : Tesla is considering Maharashtra for its first EV plant in India as its market entry gains momentum. The company has started hiring for key roles and is in talks with Indian authorities. With potential investments of $2-3 billion, Tesla’s move could boost local economies, create jobs, and accelerate India’s transition to sustainable […]
Tesla appears to have plenty of momentum after meteoric 2020
The auto industry disruptor led by Elon Musk wowed Wall Street yet again over the weekend, reporting annual car deliveries of 499,550, just shy of its 2020 target of half a million, but well above analyst estimates. New York : After shares rocketed higher in 2020 on surging auto deliveries, Tesla enters 2021 with plenty […]
