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Cleantech Fund Infuse Ventures Plans Investments

By : Sustainability ..., Nov 25, 2014

Infuse Ventures, a VC fund aimed at backing early stage ventures in the clean technology space, is looking out for targets for making seed investments.
The initial infusion will be used to validate the concept or mould the concept into a prototype and going...

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Subject Tags: clean tech , investment

Mytrah Energy raises $70m of new debt

By : Sustainability ..., Nov 24, 2014

Mytrah Energy has raised $70m of new debt from Merrill Lynch International and funds managed by affiliates of Apollo Global Management. 
The new finance takes the form of an INR 3,977m (about $65m) India-listed non-convertible bond issued by Mytrah Energy (India...

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Cities should look to nature to bridge investment gap in water sector

By : Sustainability ..., Nov 19, 2014

From Los Angeles to Mumbai, natural solutions have the potential to save cities $890m a year in water treatment costs alone.
The water sector has always struggled for investment, and each year the gap between dollars being spent and dollars that need to be spent...

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Subject Tags: cities , investment , water

Cadila, Inox Wind to invest Rs. 800 crore in Madhya Pradesh

By : Sustainability ..., Nov 17, 2014

Two major companies, Cadila and Inox Wind, have drawn up plans to make big investments in Madhya Pradesh. Cadila, which plans to invest about Rs. 500 crore to set up a pharmaceutical unit in the newly developed industrial area in Jhabua district, has been allocated 95-acre...

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Centre to provide Rs 1,350 cr from NGEF for AP projects

By : Sustainability ..., Nov 14, 2014

The Centre has agreed to provide Rs 1,350 crore from the National Green Energy Fund towards construction of evacuation lines for solar and wind power projects in Andhra Pradesh. 
Further, the central government has also directed the Western Coal Fields (WCL) Ltd...

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MEIL Green Power commissions 50 MW solar farm

By : Sustainability ..., Nov 13, 2014

MEIL Green Power Limited has commissioned a 50 MW Concentrated Solar Thermal Power Project farm at Pamidi in Ananthapur District of Andhra Pradesh.
MGPL, a unit of Megha Engineering & Infrastructures Ltd., Hyderabad, has invested Rs. 848 crore on the project...

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Reliance Power commissions world's largest Solar CSP project in Rajasthan

By : Sustainability ..., Nov 12, 2014

Anil Ambani-led Reliance Power commissioned its 100-megawatt concentrated solar power (CSP) project at Jaisalmer, Rajasthan, on Tuesday. This is the biggest CSP in the world.
Built at a cost of Rs 2,100 crore, the project has 25 per cent reserve margin to meet...

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India Must Spend $250B by 2019 to Meet Its Power Needs

By : Sustainability ..., Nov 12, 2014

If India is going to provide power to its more than 1 billion people over the next five years, it will need to invest about $250 billion during that time, according to Reuters. The country’s power minister, Piyush Goyal, speaking at the World Economic Forum conference in New...

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Toshiba to invest $30 mn in power T&D business in India

By : Sustainability ..., Nov 11, 2014

Toshiba Corporation has announced that it will invest about $30 million in a power transmission and distribution business in India.The Japanese firm said the new investment will be for expanding the production capacity of Toshiba Transmission & Distribution Systems (India...

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India Eyes $100 Billion Investment In Renewable Energy

By : Sustainability ..., Nov 11, 2014

The new Indian government is taking serious initiatives to boost the power sector, which is in dire need of financial and structural reforms. A large number of these reforms will be implemented in the renewable energy sector.
India’s minister for coal, power,...

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