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Global Invitation (Through e-bidding Only) for Selection of Transmission Service Provider on Build, Own, Operate and Maintain (Boom) Basic For “Transmission System For Evacuation of Power – EQ Mag Pro

Global Invitation (Through e-bidding Only) for Selection of Transmission Service Provider on Build, Own, Operate and Maintain (Boom) Basic For “Transmission System For Evacuation of Power From RE Projects in Rajgarh (2500 MW) SEZ in Madhya Pradesh” & “Transmission Scheme for Solar Energy Zone in Gadag (2500 MW), Karnatka-Part A. For more information please see […]

Evren secures ~$600 million funding for its FDRE hybrid project – EQ

REC Seeks Shareholders Nod to Raise Up to Rs 85,000 Cr Via Bonds, Debentures – EQ Mag Pro

Further, it said the amount planned to be raised shall be within the overall revised borrowing limit, being proposed for approval by the shareholders New Delhi, State-owned REC will seek shareholders’ approval to raise up to Rs 85,000 crore through issuance of non-convertible bonds or debentures next month. The funds would be raised on private […]

India’s First FDRE Project by Juniper Green Signals a New Era of Reliable Renewable Power – EQ

REC Declares Its Quarterly Financial Results For Q1 FY22

The Board of Directors of REC Limited approved the unaudited standalone and consolidated financial results for Q1 FY22 today. Financial Highlights – Q1 FY22 vs Q1 FY21 (Standalone) Total Income – Rs. 9,592 crores vs. Rs. 8,110 crores, up 18% Net Profit – Rs. 2,247 crores vs. Rs. 1,839 crores, up 22% During Q1 FY22, […]

IREDA Q3 Results: Net profit zooms 67% to Rs 335 crore – EQ

LG Pledges Transition To 100 Percent Renewable Energy By 2050

Commitment Expands on Zero Carbon 2030 Initiative. SEOUL, South Korea : LG Electronics Inc. made public its commitment to transition completely to renewable energy by 2050 as a key component of its sustainability strategy. The announcement in the just released LG Electronics Sustainability Report comes on top of its earlier commitment to carbon neutrality through […]

Hydrogen subsidies | Australian solar-to-methanol project secures €24m grant — with half coming from Germany -EQ

Cabinet Approves Revamped Distribution Sector Scheme: A Reforms Based And Results Linked Scheme

The Union Cabinet, chaired by the Prime Minister, Shri Narendra Modi has approved a Reforms-based and Results-linked, Revamped Distribution Sector Scheme. The Scheme seeks to improve the operational efficiencies and financial sustainability of all DISCOMs/ Power Departments excluding Private Sector DISCOMs by providing conditional financial assistance to DISCOMs for strengthening of supply infrastructure. The assistance […]

India Achieves Record Renewable Power Generation in 2025, Reducing Fossil Fuel Dependence – EQ

India’s Commitment to Promote Renewable Energy

Proposes to revamp the Renewable Energy Certificate (REC) Mechanism Ministry of Power has circulated a Discussion paper on redesigning the Renewable Energy Certificate (REC) Mechanism for comments of stakeholders in power sector today. Discussion paper on the requirement of redesigning the REC Mechanism has been prepared in order to align it with the emerging changes […]

India Achieves Record Renewable Power Generation in 2025, Reducing Fossil Fuel Dependence – EQ