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Funding blues for green companies, discoms over REC-PFC deal

By : Sustainability ..., Jan 31, 2019

Renewable energy firms and state power distribution companies fear a funding crunch in the power sector due to the takeover of REC by Power Finance Corp (PFC), even as both state-run firms...

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Cleantech start-up ZunRoof raises angel funding

By : Sustainability ..., Jan 25, 2019

Gurgaon headquartered cleantech startup ZunRoof said that it had raised an undisclosed amount in angel funding from Livspace founder Ramakant Sharma and Arun Diaz of IntelleGrow, along with lead...

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PFC plans to borrow Rs 7,000 crore from domestic banks to fund REC deal

By : Sustainability ..., Dec 14, 2018

State-run Power Finance Corp (PFC) plans to fund its acquisition of REC by borrowing Rs 7,000 crore from domestic banks, for which negotiations have begun, and is likely to moderate its dividend...

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Shapoorji Pallonji Group plans $1 billion asset sale of solar unit

By : Sustainability ..., Nov 21, 2018

India’s Shapoorji Pallonji Group plans to seek about $1 billion by bringing outside investors into its solar unit, as it embarks on a series of asset sales across the 153-year-old conglomerate...

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Government's solar plan for farmers hits funding roadblock

By : Sustainability ..., Aug 17, 2018

Prime Minister Narendra Modi's ambitious solar project for farmers called Kisan Urja Suraksha Evam Utthaan Mahabhiyan (KUSUM) has been red flagged by the Finance Ministry, Business Standard...

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Subject Tags: funding , KUSUM Scheme , MNRE

YES BANK launches YES SCALE: Cleantech to Scale Up Startups in Energy Efficiency, Waste Management & Water Management

By : Sustainability ..., Jul 13, 2018

YES BANK recently launched YES SCALE: Cleantech Accelerator, as part of its multi-sector start-up accelerator YES SCALE (Smart City, Clean Tech, Agritech, Lifesciences Tech, Edu Tech). YES SCALE...

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Paytm’s Vijay Shekhar Sharma co-launches $150-mn environment protection fund

By : sustainabilityo..., Jun 6, 2018

Paytm founder Vijay Shekhar Sharma and venture capitalist Shailesh Vickram Singh have joined hands to launch a $150-million environment protection-focused fund.


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$350-million solar development fund in the works: Raj Kumar Singh

By : sustainabilityo..., Jan 19, 2018

India is setting up a $350-million solar development fund to support financing of solar projects, minister of state for new and renewable energy Raj Kumar Singh said. 


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Global fund for de-risking solar projects on the anvil

By : sustainabilityo..., Nov 17, 2017

A taskforce set up under the aegis of the International Solar Alliance has recommended the setting up of a ‘guarantee fund’ that would function as a sort of insurance against various risks in...

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Government to provide funds to cities to buy EVs for public transport

By : sustainabilityo..., Nov 7, 2017

The Centre has invited proposals from cities with a population above 10 lakh for extending grants under the FAME India scheme to promote large-scale adoption of electric vehicles in multi-modal...

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