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ADB in talks for energy efficiency credit line

By : sustainabilityo..., Sep 5, 2017

The Asian Development Bank expects to step up its funding for the renewable energy sector, both sovereign and directly to the private sector. It is in discussions to channelise a credit line for energy efficiency.

Pradeep Perera, Energy Head India, South Asia...

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State Bank of India planning $3 bn green bonds

By : sustainabilityo..., Sep 4, 2017

India’s largest lender plans to raise up to $3 billion in the country’s biggest overseas green-bond issue, tapping the likes of BlackRock, International Finance Corp and JPMorgan-backed entities for funding projects that will help achieve the government’s commitments toward...

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Rooftop solar energy firm Amplus Energy Solutions in talks to raise up to $100 million

By : sustainabilityo..., Sep 4, 2017

Rooftop solar energy company Amplus Energy Solutions Pvt. Ltd is in talks to raise as much as $100 million, said two people aware of the development.

“The company has been in talks with investors, both financial and strategic to raise around $50-100 million, which will...

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Finance Ministry approves four FDI proposals including that of AMP Solar India

By : sustainabilityo..., Sep 4, 2017

The finance ministry today said it has cleared four proposals, including that of AMP Solar India, entailing foreign direct investment of Rs 503.40 crore in the last two months.

"During the period July 1, 2017 to August 31, 2017, the Department of Economic Affairs (DEA...

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IL&FS plans bond issue to refinance Rs6,000 crore debt

By : sustainabilityo..., Aug 28, 2017

Infrastructure Leasing and Financial Services Ltd (IL&FS) plans to hit the domestic bond market to refinance almost Rs6,000 crore (about $940 million) of debt, said a senior executive.

The debt was taken to finance the 9.2km Chenani-Nashri project in Jammu and...

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IDFC arm raises Rs250 crore to refinance two solar plants

By : sustainabilityo..., Aug 10, 2017

IDFC Alternatives Ltd’s India Infrastructure Fund II has raised long-term project finance of Rs250 crore by selling non-convertible debentures to infrastructure debt funds and financial...

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Subject Tags: Financing , industry news

State Bank of India’s 600 MW plan for rooftop solar moves forward

By : sustainabilityo..., Aug 2, 2017

India’s largest lender State Bank of India (SBI) is seeking to implement a financing program aimed at installing around 600 MW of rooftop PV capacity. The program was launched in June....

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India Insisted On Dues From Global Sources To Fight Climate Change: Government

By : sustainabilityo..., Aug 2, 2017

India has insisted on its rightful dues from international sources in its fight against climate change and any statement to the contrary is "factually incorrect", the government informed the Lok...

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Subject Tags: Climate Change , Financing

Azure Power to issue US$500 million solar green bond

By : sustainabilityo..., Aug 1, 2017

Azure Power Energy, a wholly owned subsidiary of Indian independent solar power producer Azure Power Global, will issue an inaugural US$500 million green bond offering, maturing in 2022....

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Subject Tags: Financing , Green Bonds

BRICS' New Development Bank has 23 projects in pipeline, including 6 in India: K V Kamath

By : sustainabilityo..., Jul 7, 2017

The BRICS' New Development Bank has 23 new projects amounting to $six billion in the pipeline for financing, including six ventures in India valued at $1.8 billion, the bank's President K V...

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