In Short : Hyundai Motor India has partnered with Fourth Partner Energy to develop two renewable energy plants in Tamil Nadu, including a 75 MW solar and 43 MW wind power facility. This Rs. 38 crore investment supports Hyundai’s goal of 100% renewable electricity by 2025 under the RE100 initiative. The project aims to generate […]
TN Chief Minister signs Rs 400 crore contract with Ohmium in San Francisco – EQ
In Short : Tamil Nadu Chief Minister signed a ₹400 crore contract with Ohmium, a US-based green hydrogen company, in San Francisco. This agreement aims to boost green hydrogen production in Tamil Nadu, aligning with the state’s goals for sustainable energy development. The collaboration is expected to create jobs and enhance Tamil Nadu’s position as […]
Stalin woos Singapore investors, bills TN as favourble investment destination – EQ Mag
Chennai : Tamil Nadu Chief Minister M K Stalin on Wednesday met top officials of various firms in Singapore and invited them to invest in the southern state, while highlighting the conducive environment for starting new ventures. Six Memoranda of Understanding were signed between Tamil Nadu and Singapore entities. The Chief Minister is on a […]
TN unveils EV policy, eyes Rs 50,000 cr investments – EQ Mag
Chennai : The Tamil Nadu government on Tuesday unveiled its electric vehicle (EV) policy 2023 which aims to garner investments to the tune of Rs 50,000 crore and generate 1.50 lakh jobs, in a boost to the EV industry. Chief Minister M K Stalin formally released the new policy in the presence of government officials […]
Renault-Nissan commit Rs 5,300 crore investments in TN, to roll out 6 new models including EVs – EQ Mag
Chennai : France-based automobile manufacturer Renault and Japan-headquartered Nissan on Monday committed investments of USD 600 million (around Rs 5,300 crore) in the country 15 years after foraying into the Tamil Nadu automobile industry. The fresh round of investments would witness roll out of six new models between the two companies including — two electric […]
TN to have 20,000 MW solar energy in 10 years: Tangedco MD – EQ Mag
He said the utility started implementing its green initiative by promoting renewable energy, which has high potential in TN. CHENNAI : Tangedco chairman and managing director Rajesh Lakhoni on Friday submitted a presentation at TN Climate Summit 2022 stating that the state would have 20,000MW solar power stations and 10,000MW battery storage in a decade. […]
NTPC declares commercial operation at Ettayapuram Solar PV project in TN – EQ Mag
State-owned NTPC Ltd has commenced the commercial operation of its solar photo-voltaic project in Tamil Nadu. With this, the standalone installed and commercial capacity of NTPC Ltd has become 57,801.27 MW while the group installed capacity grew to 70,416.27 MW, the company said on Saturday. According to the company, the 230MW Ettayapuram solar PV project […]
‘RE Integration Could Help TN Cut One-Third Emissions by 2030’ – EQ Mag
TN could cut emissions by one-third if 60 percent of RE capacity is integrated into its electricity mix by 2030 Switching to energy efficient measures across sectors by 2030 could further reduce greenhouse gas (GHG) emissions by 17 percent Chennai: While India doubled down on its decarbonization measures by announcing a slew of low emissions […]
CapitaLand Investment mulls 30 MW solar power farm in TN – EQ Mag Pro
Chennai : Global commercial real estate developer CapitaLand Investment is mulling to set up a 30 MW solar power farm in Tamil Nadu in its efforts to have green/sustainable buildings, said a top official. The company is set to double its built-up space to about 40 million square feet by 2024-25 and also get into […]
Green power producers sore as TN set to increase transmission charges by 14 fold – EQ Mag Pro
Chennai : The Green power producers in the state are sore as the Tangedco has submitted a proposal to the Tamil Nadu Electricity Regulatory Commission to raise the transmission charges. According to the proposal submitted by Tamil Nadu Distribution and Generation Company (Tangedco), the charges per unit for transmission will be increased to Rs 1.52 […]