You are here

Banking and NBFC crisis impeding credit flow for renewable energy sector: CEOs

By : Sustainability ..., Feb 13, 2020

The ongoing crisis in the banking system and the non-banking financial companies (NBFCs) is impacting the growth of the renewable energy sector impeding credit flow for projects, according to chief executive officers (CEOs) and other senior executives of companies operating...

Read more..

Rate woes of renewable energy firms may stress NBFC books further: Icra

By : Sustainability ..., Jan 7, 2020

Infrastructure finance companies might have to brace for additional pressure on asset quality from exposure to renewable energy (RE) projects, which face rate risks. These non-bank finance companies (NBFCs) are already affected by the slow resolution of their stressed thermal...

Read more..

Telangana: E-vehicle taxi service launched

By : Sustainability ..., Dec 11, 2019

With an aim to provide last mile connectivity in a more efficient and pollution-free manner, VG Arcedo Energy has launched electric vehicle-powered taxi services under its brand e-yAna. The company will own and operate electric autos and electric bikes and has already...

Read more..

Moody’s cautions investors on financials of PSU lender IREDA

By : Sustainability ..., Jan 17, 2019

Global credit ratings agency has cautioned investors in public sector NBFC India Renewable Energy Development Agency (IREDA) by changing the outlook on outstanding to negative for the “...

Read more..

IREDA feels the pinch of RBI tightening NPA provisioning norms

By : Sustainability ..., Nov 22, 2018

The Indian Renewable Energy Development Agency (IREDA) expects worsening of its asset quality with the Reserve Bank of India’s recent move to level the playing field on NPA recognition between...

Read more..

Tata Capital plans infrastructure debt fund for green projects

By : Sustainability ..., Oct 30, 2018

 Tata Capital plans to launch an infrastructure debt fund to finance clean energy projects as part of a plan to double its lending activities in this area by next year, managing director Manish...

Read more..

Tata Cleantech gets Rs200 crore from Tata Capital, World Bank’s IFC

By : sustainabilityo..., Jun 2, 2017

Tata Cleantech Capital Ltd (TCCL), a joint venture of Tata Capital Ltd and World Bank arm International Finance Corp. (IFC), has raised Rs200 crore (about $31 million) from its promoters to grow its loan book, a senior...

Read more..