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Renewable energy: Easier bank guarantee norms likely for green projectsBy : Sustainability ..., Mar 9, 2020
In order to find more ways to bring ease in doing solar and wind power businesses, the ministry of new and renewable energy (MNRE) is exploring alternative mechanisms to reduce the amount of money that developers need to deposit with government agencies for commissioning... Read more.. |
Govt plans ₹11,000 crore power transmission project in LadakhBy : Sustainability ..., Feb 18, 2020
The government plans to set up a 900-km power transmission link that will help large solar and wind energy projects in Ladakh supply electricity across the country, said Anand Kumar, secretary in the Union ministry of new and renewable energy. The move is part of India’s... Read more.. |
Renew Power seeks $300 million in bond saleBy : Sustainability ..., Jan 14, 2020
Wind and solar energy company Renew Power is meeting investors this week as it plans to raise at least $300million via dollar bond sales across the world later this month. The money raised will be used to refinance existing debt and for funding the second tranche of projects... Read more.. Subject Tags: bonds , green energy projects , ReNew Power , Solar Energy Corporation of India (SECI) |
Ray of hope as Andhra Pradesh starts clearing renewable dues this weekBy : Sustainability ..., Jan 6, 2020
Ending months of impasse and uncertainty, the Andhra Pradesh government has started clearing arrears to renewable energy companies, providing partial succour to close to 5,000 MW of green energy projects. The projects have been battling amplified risks since chief minister Y... Read more.. Subject Tags: Andhra Pradesh Government , DISCOMS , green energy projects , renewable energy companies |
Indian Oil Corporation to invest Rs 25,000 cr in green energyBy : Sustainability ..., Aug 20, 2019
Indian Oil Corporation (IOC), the nation’s largest refiner and fossil fuel retailer, plans to invest Rs 25,000 crore in green energy projects, including solar and wind power plants, bio-fuels... Read more.. |
Maharashtra power utility gets additional 1,000 MW cheap solar powerBy : Sustainability ..., Feb 22, 2019
After tying up for 1,000MW solar power at the rate of Rs 2.71 and Rs 2.72 per unit in 2018, Maharashtra State Electricity Distribution Co Ltd (MSEDCL) will now sign power purchase agreements (... Read more.. |
REC signs 200 million euro loan agreement with German bank KfWBy : Sustainability ..., Aug 16, 2018
State-owned power sector lender Rural Electrification Corporation (REC) today announced it has signed a Euro 200 million loan agreement with German bank KfW for renewable energy projects.... Read more.. |