AGP Executive Report
Last update: 10 hours agoClean Energy M&A: Inox Clean Energy has agreed to acquire Vena Energy India’s 6 GW renewables portfolio (1.2 GW operational, 1.8 GW near-commissioning, 3 GW development), taking Inox’s operating base to ~4 GW and its pipeline beyond 12 GW. Trade & Manufacturing Push: Commerce Minister Piyush Goyal says India aims to operationalise nine FTAs in 10 months and is also driving “Make in India 2.0” to identify up to 100 products for local manufacturing. Rupee & Capital Inflows: RBI kept the repo rate at 5.25% and announced steps to attract foreign capital, including scrapping capital gains tax for foreign holders of government bonds and easing forex/hedging for offshore borrowing. US-India Trade Tensions: Trump called Modi a “good friend” and signalled a deal is near, even as the US proposes 12.5% forced-labour-linked tariffs affecting India. Industrial Decarbonisation: Payal Industrial Park and Fourier will deploy hydrogen-based long-duration energy storage in Dahej to stabilise renewable-heavy grids. Agri Resilience: FAIFA urged “El Niño-ready” climate-resilient farming as extreme heat, erratic rains and soil stress threaten food security.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.