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Sustainable and Responsible Investing (SRI) in India grows 130% in last 5 years

By : sustainabilityo..., Nov 6, 2017

November 3, 2017

NSE, Mumbai

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India Innovation Lab endorses 3 green finance tools

By : sustainabilityo..., Oct 26, 2016

The India Innovation Lab for Green Finance on Tuesday endorsed three financing instruments — Rooftop Solar Private Sector Financing Facility, Loans4SME (a lending platform for green investments...

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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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Solar supplier to finance distributed generation across India

By : Sustainability ..., Oct 28, 2014

Global solar energy supplier, Proinso is to provide PPA-model financing for distributed generation solar projects 100kW and above across India. Proniso claimed the new finance scheme would provide “quality equipment and optimised systems without the capital expenditure hurdle...

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Subject Tags: finance , India , Proinso , solar

$500 Million ADB Loans to Improve Urban Services in India's Rajasthan State

By : Sustainability ..., Oct 28, 2014

The Asian Development Bank (ADB) has approved two loans worth half a billion dollars to help the government in India's largest state of Rajasthan to better manage essential urban services and finance water and sewerage upgrades.
For the first time in India, we...

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Green dreams: judging the BRICS bank climate ambitions

By : Sustainability ..., Jul 23, 2014

Does the new development bank launched by Brazil, Russia, India, China and South Africa last week herald a new age in low carbon financing? It is a question leading economists and civil society observers have been asking for some time, with few answers...

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Noesis Energy raises fund to finance customer projects, report says

By : Sustainability ..., Mar 31, 2014

Noesis Energy Inc. has raised a $30 million fund to finance customer energy-efficiency projects, technology news website TechCrunch reported Tuesday.

The Austin-based company plans to fund projects costing $300,000 to...

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Subject Tags: finance , Technology

A Boost to Energy Companies

By : Sustainability ..., Feb 18, 2014

 The finance minister made two significant announcements that will provide a fillip to companies in the energy business.Firstly, he re-affirmed government’s support for the decontrol of diesel prices, a process that started in January last year. Diesel continues to be priced...

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Subject Tags: finance , Politics

India Power Ministry Proposes Plan to Subsidize Imported Gas

By : Sustainability ..., Sep 12, 2013

 India's power ministry has made a proposal to mix imported and locally produced natural gas and supply it to electricity producers at a subsidized price, a plan that could help boost power production but hurt the government's already-weak finances.

The ministry will...

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Subject Tags: electricity , finance

FinMin to clear funds to boost sales of electric vehicles

By : Sustainability ..., Feb 3, 2013

The finance ministry is expected to release funds next month for the extension of a subsidy scheme of the ministry of new and renewable energy (MNRE) to incentivise sales of electric cars and two-wheelers.

According to a proposal pending with the finance ministry, a...

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Subject Tags: finance , Human Interest