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 […]
Sineng Electric and DEC International Join Forces to Drive Global Renewable Energy Growth – EQ
Shanghai, China : Sineng Electric has recently formed a strategic partnership with Dongfang Electric International Co., Ltd. (“DEC International”), a prominent Chinese state-owned power equipment manufacturer, to drive innovation and growth in the global renewable energy sector. The partnership was formally established during a signing ceremony held on the opening day of SNEC PV Power […]
