IREDA (Indian Renewable Energy Development Agency), recently received approval to raise Rs 4,500 Crore Fundraise Via qualified institutional placement (QIP). The public limited government company in principle received approval from the Board of Directors of IREDA to raise funds in one or more tranches. The Department of Investment and Public Asset Management (DIPAM), conveyed the […]
Ola Electric on Monday said it has raised over $200 million (about Rs 1,490 crore) from Tekne Private Ventures, Alpine Opportunity Fund, Edelweiss and others, valuing the electric vehicle maker at $5 billion. The funding arrives even as the firm has been struggling with production delays and battery issues in the early batches of e-scooters […]
RK Singh has detailed the amount of funds released by the centre for the development of ultra mega solar parks in India over the last four financial years. In his reply to a question on solar power production across states, Union Minister for Power, News & Renewable Energy and Skill Development and Entrepreneurship RK Singh, […]
The Centre has proposed a reduction in funds of the states that miss targets set under the 2nd version of UDAY scheme, which is at the draft stage The Centre has proposed a reduction in power sector funds of the states that would not maintain performance benchmarks set under the second version of Ujwal Discom Assurance Yojana […]
A minimum of 100 smart grids serving as many as 15,000 people with the help of the granted funds. Two Bangladeshi firms Grameen Shakti and ME SOLshare were recognized for their project with $ 1 Million by UN linked funds, the project allows villagers to access more solar power and boosts entrepreneurship. The platform helps solar system […]
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