India’s power demand surged over 9% in megawatts and nearly 11% in billion units in the first quarter of the current financial year compared to Q1FY24, according to the power secretary. The nation’s effort to prevent an electricity shortage by accelerating capacity addition across the value chain is encountering obstacles, with 32 transmission projects worth […]
Indian Renewable Energy Development Agency (IREDA) is working on multiple strategies to reduce its borrowing costs while preparing for a follow-on public offer (FPO) by the end of this fiscal year, according to its chairman and managing director, Pradip Kumar Das. The agency aims to increase its assets under management to ₹13.5 trillion by 2030, […]
The Power Ministry is set to encourage states to connect new renewable energy projects to their local grids, rather than the national grid. This move aims to enhance state-level power transmission infrastructure and facilitate the integration of renewable energy capacities across all regions. Government officials suggest that the current waiver on inter-state transmission system (ISTS) […]
