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State discoms’ large dues spark NPA fears in renewable energy

By : Sustainability ..., Feb 17, 2020

Renewable energy projects, which have cornered the bulk of private funding in the power sector over the last six years, could be facing a fresh wave of non-performing assets (NPAs). There is renewed nervousness among banks that lending to renewable power utilities over the...

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Govt plans to restrict coal supply to Andhra Pradesh

By : Sustainability ..., Jan 13, 2020

The Centre is considering restriction of coal supplies and all sanctioned loans and funding to Andhra Pradesh from central public sector units (PSUs) such as Power Finance Corp. Ltd (PFC) and REC Ltd, if the state government refuses to reconsider its decision to revise...

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Insufficient funds hit Delhi govt’s solar scheme for resident welfare association

By : Sustainability ..., Dec 27, 2019

Cooperative group housing societies in Delhi wishing to install solar panels on rooftops through the Mukhyamantri Solar Rooftop Yojana scheme are struggling to get funding or installations done free of cost, which are guaranteed by the project. Under the scheme launched in...

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ADB to fund millions of LED lights, pumps across India

By : sustainabilityo..., Oct 4, 2016

Multilateral lending agency Asian Development Bank (ADB) on Monday said it will extend a $200 million loan to India for installation of energy-efficient home and street lights, and water pumps...

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