In Short : The Ministry of New and Renewable Energy (MNRE) is formulating a framework to attract long-term ‘patient capital’ to strengthen financing for renewable energy projects. This initiative aims to reduce funding risks, encourage private investments, and ensure steady growth in solar, wind, and green hydrogen sectors, supporting India’s transition toward sustainable and net-zero […]
Maharashtra Accelerates Renewable Energy Growth with 118 New Transmission Lines and Substations – EQ
In Short : Maharashtra plans to add 118 new power transmission lines and substations over the next five years to strengthen its renewable energy infrastructure. Funded partly by the Asian Development Bank, these upgrades will support solar, wind, hydro, and pumped storage projects. Initiatives like the 16,000 MW Mukhyamantri Saur Krushi Vahini Yojana aim to boost […]
MNRE to Introduce Long-Term “Patient Capital” Framework to Boost India’s Renewable Energy Growth – EQ
In Short : The Ministry of New and Renewable Energy (MNRE) is preparing a framework to provide long-term “patient capital” for green energy projects. Designed to bridge financing gaps, the initiative will offer stable, long-term funding for solar, wind, and emerging clean technologies. This move aims to accelerate India’s renewable energy growth, support large-scale projects, […]
Streamlining HVDC Supply Chains: SOPs and Incentives Key to India’s Renewable Energy Growth – EQ
In Short : India’s expansion of high-voltage direct current (HVDC) transmission faces supply chain challenges due to fragmentation and limited standardization. Pratik Agarwal emphasizes the need for comprehensive SOPs covering design, procurement, manufacturing, testing, and commissioning, along with capital incentives to boost domestic manufacturing. Standardized procedures will improve efficiency, reliability, and safety, accelerating HVDC deployment […]
CleanMax Seeks ₹5,200 Crore via IPO to Accelerate Renewable Energy Growth – EQ
In Short : CleanMax has filed its Draft Red Herring Prospectus (DRHP) with SEBI for a ₹5,200 crore IPO. The issue will comprise both fresh equity shares and an offer for sale. Funds raised will support debt repayment, capacity expansion, and strengthening its renewable energy portfolio. The IPO highlights CleanMax’s ambition to accelerate its leadership […]
India’s Transformer Market Set to Exceed ₹40,000 Crore by FY26 on T&D and Renewable Energy Growth – EQ
In Short : India’s transformer market is expected to exceed ₹40,000 crore by FY26, supported by strong investments in transmission and distribution infrastructure, a report said. Rising electricity demand, renewable energy integration, and grid modernization are driving the growth. Manufacturers are scaling up production and adopting advanced technologies to meet efficiency standards and evolving power […]
Cabinet Greenlights ₹7,000 Crore Push by NLCIL to Accelerate Renewable Energy Growth via NIRL – EQ
In Short : The Union Cabinet has cleared NLC India Ltd.’s ₹7,000 crore investment plan to expand renewable energy through its subsidiary, NLCIL Renewables Ltd. (NIRL). This strategic move aims to enhance green energy capacity, reinforcing India’s push toward sustainability and clean power. The initiative aligns with national climate goals and strengthens the country’s renewable […]
Solar Surge Powers India’s Renewable Energy Growth in Early 2025 – EQ
In Short : India’s renewable energy output hit 124.9 billion units in Q1 2025, led by solar with 33.2 BU. Gujarat topped solar generation, while Tamil Nadu led in wind. Total installed renewable capacity reached 178.8 GW, with solar at 89.8 GW. Solar power grew 32.7% year-on-year, now comprising 22% of India’s total installed capacity […]
Gentari CEO Confident That Trump’s Tariffs Won’t Hinder Renewable Energy Growth – EQ
In Short : Gentari CEO Sushil Purohit reassured that Trump’s new tariffs and focus on fossil fuels are unlikely to impact the renewable energy sector. He highlighted the company’s commitment to achieving net-zero emissions, with a strong presence in the Asia Pacific region. Gentari’s portfolio includes 6 GW of renewable energy, with 2.3 GW already […]
IREDA and BHEL plan to expedite India’s renewable energy growth – EQ
In Short : IREDA and BHEL are collaborating to accelerate India’s renewable energy growth. This partnership aims to boost the development of renewable projects across the country, leveraging IREDA’s financial expertise and BHEL’s engineering capabilities. By working together, they plan to enhance the deployment of clean energy solutions, supporting India’s goal of increasing its renewable […]