 "The UK government grants £500 million to Tata Steel for decarbonization, securing jobs and a green future for Port Talbot.")
The UK government has approved a significant 500 million pound grant to Tata Steel to support the decarbonisation of its operations in Britain. This funding will help install a modern electric arc furnace at Tata’s Port Talbot steelworks in Wales, part of a larger 1.25 billion pound green steel project. The agreement aims to preserve ...
 "Amid declining global fuel demand, ONGC Videsh pivots to securing overseas projects, prioritizing renewable transitions for sustainable growth.")
ONGC Videsh, India’s leading overseas oil and gas company, is strategically focusing on acquiring stakes in producing assets abroad as global demand for refined fuels is expected to decline due to the shift towards renewable energy. According to Anupam Agarwal, the company’s head of finance, long-term exploration projects are not a priority, and efforts are ...
 "Ireda’s Bold Financial Moves: Securing Green Future with Global Ratings")
The Indian Renewable Energy Development Agency (IREDA) is planning to raise approximately Rs 25,000 crore through debt and around Rs 4,500 crore via equity this fiscal year. Chairman Pradeep Kumar Das highlighted that they are working with the government to approve a 10% dilution of their stake. Recently, S&P Global Ratings assigned IREDA a ‘BBB-‘ ...
