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Project Monitoring Committee at Ministry Could Fast-Track Project Implementation: Ved Mani Tiwari

The government has introduced an online system for seeking forest clearance that has been very beneficial in securing this critical clearance. To streamline state level clearances for transmission projects, the appointment of a nodal officer at the state level could be very helpful. Similarly, having a Project Monitoring Committee at Power Ministry level for a […]

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India’s Commitment to Tackle Climate Change Unmatched: Sitharaman

India’s commitment to fighting climate change is one of the best amongst the community of nations, Nirmala Sitharaman has said. India’s commitment to fighting the global challenge of climate change is bold and one of the best amongst the community of nations, Finance Minister Nirmala Sitharaman has said. Interacting with global investors at the headquarters of the […]

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EDPR Secures 100 MW Wind Energy PPA in Mexico

EDPR has secured a 15 year PPA to sell the energy produced by a 100 MW wind farm project in Mexico EDP Renováveis, (EDPR), a global leader in the renewable energy sector and one of the world’s largest wind energy producers, has secured a Power Purchase Agreement (PPA) to sell the energy produced by a […]

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MNRE Issues Amendments for DRM Committee Implementation Order

MNRE has announced the formation of Dispute Resolution Committee and issued amendments for its previous order. The government will by next week make functional a dispute resolution committee which would settle disputes of solar and wind energy projects beyond contractual agreements within 3 weeks or 21 days. In June this year, the Ministry of New and […]

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India Making Fantastic Efforts in Renewable Energy: UN Chief

India is a key to international efforts on climate action and is making a fantastic effort to grow its renewable energy basket, UN Chief Antonio Guterres has said. India is a very important actor and “fundamental partner” in international efforts on climate action and is making a “fantastic effort” to grow its renewable energy basket, UN chief […]

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Azure Power Planning to Issue a USD 350 Million Green Bond

Azure Power will issue a USD 350 million green bond offering, to use the proceeds to refinance existing indebtedness. Azure Power Solar Energy, a wholly-owned subsidiary of Azure Power Global, a leading independent solar power producer in India, will issue a USD 350,101,000 green bond offering, maturing in 2024 with an expected US Dollar coupon […]

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EDP Issues EUR 600 Million Green Bond

EDP has priced an issuance of green bonds of € 600 million, the proceeds of which will be used for the financing or refinancing its green project portfolio EDP Finance BV has priced an issuance of a green bond in the total amount of EUR 600 million maturing in September 2026 with a coupon of […]

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MNRE Directs SECI, NTPC to Release Bank Guarantees for RE Projects in 45 Days

MNRE has directed SECI and NTPC to release the Performance Bank Guarantees for the solar and wind energy projects in 45 days The Ministry of New and Renewable Energy (MNRE) has directed the Solar Energy Corporation of India (SECI) and NTPC Ltd., the two leading state-owned agencies involved in the renewable energy sector to release […]

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NTPC Tenders for 1200 MW Wind Projects Pan India

NTPC has issued an IFB for setting up of 1200 MW ISTS-connected wind energy projects anywhere in India. State-owned power utility, NTPC Ltd. has issued an Invitation for Bids (IFB), inviting bids from eligible parties for the selection of wind power developers for setting up of 1200 MW ISTS-connected wind energy projects anywhere in India. […]

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