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) […]
The ‘PM Surya Ghar Muft Bijli Yojana,’ a monumental ₹75,000 crore initiative sanctioned by the Indian Cabinet under the leadership of Prime Minister Narendra Modi, is poised to revolutionize India’s energy sector. This ambitious project aims to provide 300 units of free electricity per month to one crore families nationwide, fostering widespread adoption of rooftop […]
