Mahindra Renewables gets Rs 750 cr Assistance from Yes Bank for Rewa Solar Proj Updated On Sat, Mar 17th, 2018 by Saurenergy This project also demonstrates Mahindra Group’s commitment and focus towards renewable energy by partnering with leading banks like Yes Bank, which has a significant renewable energy footprint, says Zhooben Bhiwandiwala. Mahindra Renewables has achieved financial closure for its 250 MW solar power project, to be located in Rewa district of Madhya Pradesh with Yes Bank for […] Read more
India, France ink Renewable Energy Contracts under ISA Umbrella Updated On Fri, Mar 16th, 2018 by Saurenergy In new & renewable energy sector, India’s one of the leading solar manufacturer and EPC player Vikram Solar has signed a collaboration pact with the French Alternative Energies and Atomic Energy Commission (CEA). Under the umbrella of International Solar Alliance (ISA), Indian and French companies have signed various business contracts and agreements in the new […] Read more
Policy measures for promotion of new & renewable energy Updated On Thu, Mar 15th, 2018 by Saurenergy Total capacity of 65 GW renewable energy installed in the country so far The Government of India has undertaken a number of policy measures for increasing share of renewable energy in India’s energy mix. These, inter-alia, include: a) Provision of Renewable Purchase Obligation (RPO) under the National Tariff Policy; b) Notification of the long term […] Read more
IREDA & European Investment Bank sign Euro 150 million Loan Agreement for Renewable Energy Financing in India Updated On Sat, Mar 10th, 2018 by Saurenergy More than 1 million Indian households to benefit from the new initiative EIB has extended this line of credit without insisting for sovereign guarantee from Government of India European Investment Bank (EIB) and Indian Renewable Energy Development Agency (IREDA) Ltd. have signed a loan agreement for a second line of credit (LoC) of Euro 150 […] Read more
EIB to Sign Loan Agreement with India for Renewable Energy Projects on March 10 Updated On Thu, Mar 8th, 2018 by Saurenergy The EIB claimed that it is the world biggest financier of climate action and clean energy projects. In 2017 the EIB financed EURO 19.6 billion of climate action projects, which is about 28 percent of its total financing. In a significant development, European Investment Bank (EIB) said it will ink an agreement on Saturday to […] Read more
Cabinet Okays India, Hellenic Deal on Renewable Energy Updated On Thu, Mar 8th, 2018 by Saurenergy Both sides aim to establish the basis for a cooperative institutional relationship to encourage and promote technical bilateral cooperation on new and renewable issues on the basis of mutual benefit equality and reciprocity. The Union Cabinet has approved the Memorandum of Understanding (MoU) between India and Hellenic on co-operation in renewable energy. Both sides aim […] Read more
Cabinet approves an MoU between India and Hellenic on Renewable Energy Cooperation Updated On Wed, Mar 7th, 2018 by Saurenergy The Union Cabinet chaired by Prime Minister Shri Narendra Modi has been apprised of the Memorandum of Understanding (MoU) on Cooperation in the field of Renewable Energy between India and Hellenic. The MoU was signed by the External Affairs Minister, Smt. Sushma Swaraj, Government of India and H.E. Nikos Kotzias, Minister of Foreign Affairs of […] Read more
Cabinet apprised of an MoU between India and Fiji on Cooperation in Renewable Energy Updated On Wed, Feb 28th, 2018 by Saurenergy The Union Cabinet chaired by Prime Minister Shri Narendra Modi has been apprised of aMemorandum of Understanding (MoU) on Cooperation in Renewable Energy between India and Fiji. The MoU was signed on 24th May, 201 7at Suva, Fiji. Both sides aim to establish the basis for a cooperative institutional relationship to encourage and promote technical bilateral […] Read more
Renew Power Commits Rs 13k cr Investment on Clean Energy in AP Updated On Mon, Feb 26th, 2018 by Saurenergy The move has come to develop renewable energy capacity in Andhra Pradesh and also helps in generating direct employment for 4,000 people and indirect employment for 6,000 people. Renewable energy company ReNew Power has inked a Memorandum of Understanding (MOU) with the Andhra Pradesh (AP) government during the ongoing 3-day CII Partnership Summit to invest Rs 13,000 crore over the next five years. […] Read more
