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 […]
Strengthening Cybersecurity to Safeguard India’s Future Power Grids – EQ
In Short : India is stepping up efforts to strengthen cybersecurity in its power sector as digitalisation and smart grids expand. With rising threats of cyberattacks, the government is working on frameworks to safeguard critical power infrastructure. Experts stress that robust security measures, advanced monitoring, and skilled manpower are vital to protect India’s electricity networks […]
India’s PLI Scheme Drives Solar Manufacturing to 18.5 GW Modules, 9.7 GW Cells, 2.2 GW Ingots – EQ
In Short : India’s PLI scheme has significantly boosted domestic solar manufacturing, achieving 18.5 GW of module production, 9.7 GW of solar cells, and 2.2 GW of ingot-wafer output. The initiative aims to reduce import dependence, strengthen the local solar supply chain, and support India’s renewable energy targets, driving growth, self-reliance, and sustainability in the […]
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 […]
India’s Power Demand Climbs 2.4% in July Amid Rising Renewables and Falling Coal Share: CRISIL – EQ
In Short : India’s power demand rose 2.4% in July to 154 billion units, driven by strong industrial activity, Crisil reported. Hydropower generation surged 36% due to heavy rainfall, while renewables grew 7.2%. Coal’s share in power generation fell to 63%. The average market price dropped 23% to ₹3.83/unit. Crisil projects 2.5–3.5% power demand growth […]
India’s Record-Low Green Ammonia Tariffs Poise It for Global Clean Energy Leadership – EQ
In Short : Experts say India’s record-low green ammonia tariffs highlight the country’s growing global competitiveness in clean energy. Recent tenders have delivered some of the world’s most affordable prices, driven by policy support, renewable energy growth, and technological advances. This positions India as a potential export hub for green ammonia, supporting global decarbonization goals […]
India’s Renewable Energy Share Climbs to 48.3% of Power Capacity in Q2 2025 – EQ
In Short : India’s renewable energy capacity, including large hydro, reached 48.3% of the total installed power mix by Q2 2025, totaling about 234.2 GW. This growth reflects steady progress toward the nation’s 2030 clean energy targets, with solar, wind, hydro, and other renewables playing a pivotal role in reducing reliance on fossil fuels and […]
UBS Bullish on India’s Clean Energy Stocks: Initiates Coverage on BHEL, Waaree, Suzlon, and Premier Energies – EQ
In Short : UBS has initiated coverage on BHEL, Waaree, Suzlon, and Premier Energies, projecting up to 40% upside potential. The brokerage cites strong policy support, robust growth prospects, and rising demand in the renewable energy and infrastructure sectors. UBS views these companies as key beneficiaries of India’s clean energy transition and anticipates significant investor […]
Gujarat Leads India’s Solar Surge with 50% Growth, Sets Benchmark for Renewable Expansion in FY25 – EQ
In Short : Gujarat has witnessed a 50% surge in solar power generation in FY25, making it India’s fastest-growing state in the renewable energy sector. With large-scale solar parks and rooftop installations driving the expansion, the state now leads in both capacity addition and clean energy output. The growth aligns with Gujarat’s vision of becoming […]
India’s Green Energy Ambitions Stall as Over 50 GW of Renewable Projects Remain Stranded – EQ
In Short : India’s stranded renewable energy projects have doubled to over 50 GW, accounting for nearly 25% of installed green capacity. Delays in transmission infrastructure, regulatory approvals, and unsigned power purchase agreements are key factors. Major developers like Adani, NTPC, and Renew face mounting financial pressure. Industry bodies urge government intervention to classify delays as […]