IFC Issues Sustainability-Linked Bond Worth $50 Million To Tata Cleantech Capital Updated On Mon, Mar 27th, 2023 by Saurenergy A new funding is set to spur India’s renewable energy capacity and help improve access to climate finance, with International Finance Corporation (IFC) investing INR 3,750 million (about $50 million) in a sustainability-linked bond (SLB) issued by Tata Cleantech Capital. This is the first such instrument issued by a private financial institution in India and […] Read more
CDC Announces $30 Mn Green Lending Facility to Tata Cleantech Capital Updated On Thu, Jan 28th, 2021 by Saurenergy CDC has announced a USD 30 million facility to Tata Cleantech Capital Limited through its directed green lending facility. CDC Group, the UK’s development finance institution and impact investor, has announced a USD 30 million facility to Tata Cleantech Capital Limited (TCCL), through CDC’s directed green lending facility. This first of its kind facility will […] Read more
Tata Cleantech Capital Raises Rs 180 Cr via Green Bond Updated On Wed, Jan 2nd, 2019 by Saurenergy Further, the bonds have been rated CRISIL AAA/ Stable and the proceeds of the bond will be exclusively applied to finance eligible green projects. Tata Cleantech Capital Ltd, a joint venture between Tata Capital and the International Finance Corporation (IFC), has raised Rs 180 crore through its maiden green bond for 5 years from FMO […] Read more
Canadian Solar Commissions 35 MWp Open Access Solar Project in Karnataka Updated On Wed, May 16th, 2018 by Saurenergy This project is expected to generate approximately 54,000 MWh of clean solar power every year. Publicly traded solar PV modules maker Canadian Solar said its 35 MWp commercial and industrial (C&I) solar portfolio in the state of Karnataka, India has reached commercial operation in March 2018. Further, the company’s 35 MWp solar project is located in Bagalkot district […] Read more
Key technology trends shaping the Global Solar Industry Updated On Mon, Oct 23rd, 2017 by Saurenergy Innovation in Finance When asked about the direction of innovation in financing for clean energy Manish Chaurasia, Managing Director, Tata Cleantech Capital Ltd. (TCCL) said, there is a lot of innovation happening in clean energy financing on a global scale. From securitization of assets to setting up of yield to monetize and plough back capital, […] Read more
PERSPECTIVE Updated On Mon, Oct 23rd, 2017 by Saurenergy The government of India has set an ambitious target of 175 GW of renewable power installed capacity by the end of 2022, of which 58 GW has been installed so far. The Indian solar market added 1,869 MW in the second quarter of 2017, bringing installations in the first half of the year to 4,765 […] Read more
International Finance Corporation to Invest 40 Million Dollars in Tata Cleantech Capital to Promote Renewable Energy Projects Updated On Wed, May 17th, 2017 by Saurenergy World Bank’s private-sector arm will use the money raised through green bonds to financing environment-friendly Renewable Energy Projects. International Finance Corporation is planning to invest up to $40 million in Tata Cleantech Capital Ltd’s (TCCL) green bond issue to help the company expand long-term environment-friendly infrastructure funding. The money raised through green bonds will be […] Read more
Tata Cleantech Capital is eyeing at growing its asset book to around Rs 5,500 crore by fiscal 2019 Updated On Mon, Apr 24th, 2017 by Saurenergy Tata Cleantech Capital (TCCL), a joint venture between Tata Capital and International Finance Corporation, currently has an asset/loan book size of Rs 2,400 crore . Tata Cleantech Capital (TCCL) is reportedly looking at growing its asset book to around Rs 5,500 crore by fiscal 2019, with nearly USD 120 billion debt funds expected to flow […] Read more
