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MNRE Creates FDI Cell to Process Foreign Investment Proposals

By : Sustainability ..., Jun 9, 2020

In order to keep a closed eye on the investment made by neighbouring countries in India, the Ministry of New & Renewable Energy (MNRE) has set up a new cell in the ministry for taking care of the foreign direct investment (FDI) into the sector. The Ministry said in a...

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47.86 GW of Renewable Capacity Installed in India Over Last 6 Years

By : Sustainability ..., Dec 13, 2019

Power and New & Renewable Energy Minister RK Singh has informed the parliament that a total of 47.86 gigawatts (GW) of renewable energy capacity has been installed in India over the past six years. “A total of 47.86 GW of renewable energy capacity has been installed in...

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Global Infrastructure Partners’ India arm close to buying Rattan India Solar

By : Sustainability ..., Nov 22, 2019

Vector Green Energy, the Indian business unit of New York-based Global Infrastructure Partners (GIP), has successfully completed the negotiations to acquire the 300 mega-watt (MW) solar generation capacity of Rattan India, according to people aware of the developments. The...

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India has an opportunity to benefit from a global economic situation

By : Sustainability ..., Sep 3, 2019

President of US-India Business Council (USIBC) Nisha Desai Biswal has said India should present its growth vision and why businesses should look to invest in the country at a time when the global economy is beset with challenges. Indian Prime Minister Narendra Modi is...

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Easing business climate, trade norms to help India attract FDI, improve CAD: IMF

By : Sustainability ..., Jul 19, 2019

Easing business climate and relaxing trade related norms will help India attract foreign investors and improve the current account deficit situation, according to International Monetary Fund (...

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