In Short : The Asian Development Bank has approved \$400 million to support Bangladesh’s climate-resilient and inclusive development. The funding, part of the CRID Subprogram 2, will advance climate adaptation, green growth, and disaster resilience. Co-financed by AIIB, the program strengthens policies aligned with Bangladesh’s National Adaptation Plan, aiming to enhance environmental sustainability, institutional reforms, […]
ADB Approves $109.97 Million Loan to Boost Advanced Skills and Employability in Gujarat – EQ
In Short : The Asian Development Bank has approved a $109.97 million loan to enhance advanced skills and employability in Gujarat. The initiative aims to modernize technical and vocational education, align training with industry demands, and improve job prospects for youth. It will also focus on inclusivity by supporting women and underserved communities, boosting Gujarat’s […]
Delhi Cabinet Approves Rs 30,000 Subsidy For Residential Solar Panels – EQ
In Short : The Delhi Cabinet has approved a ₹30,000 subsidy for 3 kW rooftop solar panels on homes, in addition to ₹78,000 from the Centre under the PM Surya Ghar scheme. With total aid of ₹1.08 lakh, residents can install solar panels at zero upfront cost, saving up to ₹4,200 monthly. The initiative targets […]
Surana Solar board approves 49 pc equity divestment in Surana Technologies – EQ
In Short : Surana Solar’s board has approved the divestment of a 49% equity stake in its subsidiary, Surana Technologies Pvt Ltd, to Baidyanath Power Pvt Ltd for ₹2.03 crore. The transaction is set to conclude by May 30, 2025. Post-divestment, Surana Technologies will continue as a subsidiary but not be wholly owned. The company […]
Bengal cabinet approves construction of Rs 680 crore solar power plant at Goaltore – EQ
In Short : The West Bengal Cabinet has approved a ₹680 crore solar power project in Goaltore, Paschim Medinipore. The 100 MW plant will be developed with 30% state funding and 70% investment from a German firm. Aimed at enhancing renewable energy capacity, the initiative supports the state’s commitment to sustainable and eco-friendly power generation. […]
Delhi govt approves 3-month extension of EV policy, continues power subsidy – EQ
In Short : The Delhi government has extended its Electric Vehicle (EV) policy by three months, retaining current subsidies while finalizing EV Policy 2.0. Power subsidies for domestic users, farmers, lawyers, and riot victims will also continue. The government emphasized incentives over bans, aiming to expand EV infrastructure and job creation while maintaining support for […]
Himachal approves 402 EV charging stations to boost green mobility – EQ
In Short : Himachal Pradesh has approved 402 EV charging stations to promote green mobility. These will be set up at government rest houses and offices across the state. With six highways designated as green corridors and partnerships for expanding EV infrastructure, the move supports eco-friendly transport. Over 4,900 EVs are registered, and 500 electric […]
Gujarat Approves Solar Tariffs for 154 MW Under PM-KUSUM to Empower Farmers with Clean Energy – EQ
In Short : The Gujarat Electricity Regulatory Commission has approved tariffs between ₹2.12 and ₹3 per kWh for 154 MW of solar projects under the PM-KUSUM scheme. These projects, initiated by UGVCL, aim to solarize agricultural feeders, promoting clean energy for farmers. With a weighted average tariff of ₹2.45/kWh, UGVCL can now sign power purchase […]
ADB Approves $85.4 Million Loan to Boost Industrial Growth in Tripura – EQ
In Short : The Asian Development Bank has approved an $85.4 million loan to enhance industrial infrastructure in Tripura, India. The project will upgrade transport, electricity, water, and sanitation facilities across industrial estates, aiming to boost manufacturing competitiveness, attract investment, and generate jobs. It forms part of broader efforts to support Tripura’s economic development through […]
IGL board approves renewable energy JV for solar power plant in Rajasthan – EQ
In Short : The IGL (Indraprastha Gas Limited) board has approved the formation of a joint venture (JV) to develop a solar power plant in Rajasthan . This initiative aims to strengthen the company’s renewable energy portfolio and contribute to India’s clean energy transition. The solar plant will leverage Rajasthan’s abundant sunlight, enhancing IGL’s sustainability […]