Singapore and Indonesia plan to develop a renewable energy industry in Batam that will produce equipment and build power plants to supply electricity into Southeast Asia’s biggest economy and for export. Singapore and Indonesia will facilitate the development of solar farms and battery energy storage system (BESS) to supply renewable energy, and when viable, hydrogen […]
Climate Policy Initiative and Power Foundation Sign Memorandum of Understanding to work together on supporting and building institutional capacities for India’s Energy Transition along a Just and Sustainable economic growth path – EQ Mag
As per updated nationally determined contributions (NDC), reflecting India’s roadmap for a low greenhouse gas emission and climate resilient development pathway, the country has an enhanced target to reduce emissions intensity of its GDP by 45% by 2030 from 2005 levels, and achieve about 50% cumulative electric power installed capacity from non-fossil fuel-based energy resources […]
India Mulling To Discuss Mechanism With Australia Under FTA For Smooth Supply Of Critical Minerals – EQ Mag
Australia produces almost half of the world’s lithium. It is also the second-largest producer of cobalt and the fourth-largest producer of rare earth. India is considering to discuss a mechanism with Australia for a smooth supply of their critical minerals under the comprehensive free trade agreement amid a huge demand in the domestic market, according […]
Consortium signs USD 34 bn MoU for hydrogen project in Mauritania – EQ Mag
Consortium signs $34 billion MoU for hydrogen project in Mauritania. German project developer Conjuncta said it signed a memorandum of understanding with Mauritania, Egypt’s energy provider Infinity and the United Arab Emirates’ Masdar for a $34 billion green hydrogen project in the West African country. The project will have a production capacity of up to […]
NTPC Green Energy Limited signs MoU with HPCL for development of renewable energy-based projects – EQ Mag
The MoU envisages to collaborate for Development of grid connected and/ or off-grid Renewable Energy based Power Projects and/ or solutions to supply round the clock renewable energy NTPC Green Energy Limited (NGEL), and Hindustan Petroleum Corporation Limited (HPCL) have entered into Memorandum of Under Standing (MoU) for development of renewable energy-based projects in the […]
G20 Energy Transitions Working Group deliberations conclude successfully with shared views and consensus on priority areas – EQ Mag
India signs MoU with Indonesia-Malaysia-Thailand Growth Triangle Joint Business Council to further promoteadoption of energy efficiency and sustainable practices in the region; Next ETWG Meeting scheduled early April in Gandhinagar. The two-day deliberations of the first G20 Energy Transitions Working Group concluded successfully in Bengaluru today with shared views and consensus on priority areas. Talking […]
Rays Power Infra Signs MoU with the Rajasthan government to build 1800 MW Solar Park – EQ Mag
The endeavor is in line with the company’s long-standing vision and objective to build large-scale solar projects both domestically and internationally. Jaipur : Rays Power Infra has signed a Memorandum of Understanding (MoU) with the Rajasthan government in the presence of Hon’ble Chief Minister Shri Ashok Gehlot to build an avant-garde PV Photovoltaic (PV) Power […]
BPCL to set up 1 GW renewable energy plant in Rajasthan – EQ Mag
In a statement, BPCL said it has signed a memorandum of understanding (MoU) with the government of Rajasthan for setting up the renewable energy power plant. It, however, neither gave a timeframe nor investment that will be made in the project. Bharat Petroleum Corporation Ltd (BPCL) will set up 1 gigawatt (GW) of renewable energy […]
Indian Renewable Energy Development Agency eyes 18% rise in revenues in FY23 – EQ Mag
State-owned Indian Renewable Energy Development Agency (IREDA) is targetting an 18 per cent rise in revenue from operations to Rs 3,361 crore this fiscal. IREDA has signed a memorandum of understanding (MoU) with the Ministry of New and Renewable Energy (MNRE) for the annual performance target for 2022-23, the Ministry of New and Renewable Energy […]
IREDA signs MoU with MNRE, setting annual performance target for the year 2022-23 – EQ Mag
The Government of India has set a target ₹ 3,361 crores for Revenue from Operation, up by approx. 18% from the previous year achievement Government has also set various performance-related key parameters such as Return on Net Worth, Return on Capital Employed, NPA to Total Loans, Asset Turnover Ratio and Earning per share, etc. IREDA […]