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Noida Airport partners with Statiq for EV charging infrastructure

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Noida International Airport (NIA), set to begin operations in April 2025, has entered a partnership with Statiq to establish electric vehicle (EV) charging infrastructure on the airside. Under the collaboration, Statiq will install, operate, and maintain EV charging stations to support the airport’s sustainability goals and reduce emissions. The charging network will cater to concessionaires and airport vehicles, facilitating the deployment of electric ground support equipment (GSE) and other electric vehicles. In the initial phase,…

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Goa cabinet approves Rs 7 billion investment for 500 electric buses

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The Goa government has approved a Rs 7 billion investment proposal by Indian Institute of Technology (IIT) alumni to introduce 500 electric buses into the state’s public transport system, Chief Minister Pramod Sawant announced. The initiative, aimed at reviving Goa’s mass transit, was welcomed by Kadamba Transport Corporation Limited (KTCL) chairman Ulhas Tuenkar, who emphasized its potential to meet growing transport demands and improve KTCL’s services. The new fleet will complement KTCL’s current 500 diesel…

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Jindal India to develop 1 GWh battery storage facility by 2025

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Jindal India Renewable Energy (JIRE) has unveiled plans to develop Battery Energy Storage Systems (BESS), starting with a 1 GWh battery pack assembly line using lithium iron phosphate (LFP) chemistry by 2025. The company, a subsidiary of the BC Jindal Group, aims to expand further into battery cell manufacturing with a 5 GWh capacity by 2027. JIRE’s initiative will enhance its portfolio, contribute to grid stability, and support the integration of renewable energy. The company…

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India and Denmark strengthen maritime partnership for sustainable practices

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India and Denmark are deepening their maritime collaboration under the India-Denmark Green Strategic Partnership, focusing on sustainable practices, port modernisation, and green shipping. Denmark, a leader in green maritime technologies, is sharing its expertise in digital solutions, automation, and cybersecurity to support India’s Sagarmala initiative and Maritime India Vision 2030. A revised MoU, including the establishment of a Centre of Excellence in India, highlights the commitment to green maritime technologies and knowledge exchange. Both nations…

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Uttar Pradesh secures Rs 1.15 trillion in green hydrogen investments

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Uttar Pradesh has attracted private investment proposals totaling nearly Rs 1.15 trillion in the green hydrogen sector, as part of its efforts to bolster the state’s clean energy roadmap. Seventeen companies have submitted proposals, which are expected to create 20,000 jobs. Among the key investors, UK-based Trafalgar Square Capital plans to set up a 10,000-tonnes-per-annum green hydrogen production facility near Lucknow. Textile giant Welspun Group is investing Rs 400 billion in a green hydrogen or…

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MNRE releases guidelines to boost PM Surya Ghar rooftop solar scheme

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The Ministry of New and Renewable Energy (MNRE) has introduced new guidelines to enhance the PM Surya Ghar scheme for rooftop solar installations. The updated measures aim to simplify the process by urging states to adopt online payment systems for fees such as application, load enhancement, meter testing, and commissioning, reducing the need for multiple visits to discom offices. MNRE will also incentivize innovation in rooftop solar projects with annual prizes, including Rs 10 million…

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NTPC Green Energy files for Rs 100 billion IPO

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NTPC Green Energy Limited (NGEL) has submitted draft documents for an initial public offering (IPO) valued at Rs 100 billion. The IPO will consist solely of new shares, with no existing shareholders selling their stakes. NGEL aims to capitalize on the growing interest in renewable energy and the strong performance of the stock market, using the proceeds to accelerate its green energy projects.

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Government approves ASHVINI to develop nuclear power plants

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The government has approved the establishment of Anushakti Vidhyut Nigam Limited (ASHVINI), a joint venture between Nuclear Power Corporation of India Limited (NPCIL) and NTPC Limited, to build, own, and operate nuclear power plants under the Atomic Energy Act. As part of this approval, the Mahi Banswara Rajasthan Atomic Power Project (MBRAPP), consisting of 4×700 MWe reactors based on pressurised heavy-water reactor technology, will be transferred from NPCIL to ASHVINI. Additionally, the government has granted…

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DIPAM approves IREDA to raise Rs 45 billion through equity issue

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Indian Renewable Energy Development Agency Limited (IREDA) has received approval from the Department of Investment and Public Asset Management (DIPAM) to raise approximately Rs 45 billion via a fresh equity issue through qualified institutions placement (QIP). Following the equity raise, the Government of India plans to reduce its shareholding in IREDA by up to 7%, potentially in one or more stages.