ADB Issues Green Rupee-Linked Bond to Support Renewable Energy in India Updated On Thu, May 18th, 2017 by Saurenergy ADB’s green rupee-linked bond to support renewable energy in India carries a 6.00% interest rate with a 3.75-year maturity, falling due in February 2021. The bonds, which are denominated in Indian rupees but settled in US dollars, were underwritten by JP Morgan and TD Securities as Joint Lead Managers The Asian Development Bank (ADB) has […] Read more
ADB Backs Sunseap to Build Cambodia’s First Large-Scale Solar Power Farm Updated On Mon, May 1st, 2017 by Saurenergy As part of the Cambodia’s First Large-Scale Solar Farm project, Sunseap entered into a 20-year solar power purchase agreement (PPA) with EDC. The Asian Development Bank (ADB) has backed Singapore’s Sunseap Group’s project to build Cambodia’s first large-scale solar power project under a long-term agreement with Electricité Du Cambodge (EDC). ADB’s Private Sector Operations Department […] Read more
India and ADB Sign $175 Million Loan Agreement to help improve Solar Transmission System Updated On Fri, Apr 7th, 2017 by Saurenergy Asian Development Bank has granted $175 Million Loan Agreement to India for supporting construction of high voltage transmission systems to evacuate power generated from new mega solar parks. The Government of India and the Asian Development Bank (ADB) signed a $175 million loan agreement to support construction of high voltage transmission systems to evacuate power […] Read more
ADB approves $390 million financing package for ReNew Power to develop renewable energy projects in India Updated On Wed, Jan 18th, 2017 by Saurenergy ReNew Power will utilize the fund to develop solar power projects with combined capacity of 398 megawatts (MW) in Jharkhand and Telangana Asian Development Bank (ADB) has approved a new $390 million financing package for ReNew Power to develop renewable energy projects in India. The financing will assist 7 special purpose vehicles owned by ReNew […] Read more
PGCIL Seeks US$ 1,000 Million Loan from ADB for Green Energy Corridor Updated On Fri, Nov 18th, 2016 by Saurenergy Power Grid Corporation of India Limited (PGCIL) has sought a loan of US$ 1,000 million for green energy corridor from the Asian Development Bank (ADB). The USD 1,000 million loan comprises Sovereign guaranteed loan of US$ 500 million and Non-Sovereign loan of US$ 500 million said Piyush Goyal, Minister of State (IC) for Power, Coal, […] Read more
USAID, ADB signs MoU to develop solar parks across India Updated On Tue, Mar 29th, 2016 by Saurenergy The US Agency for International Development (USAID) and Asian Development Bank has signed Memorandum of Understanding (MoU) on Monday for providing Rs 5,681 crore ($848 million) in funding to develop solar parks across India. Under the MoU USAID will align the technical resources of two of its programs to support ADB’s investments in the development […] Read more
As Range Anxiety Recedes, Enter Charging Anxiety For EVs In India Updated On Mon, Feb 24th, 2025 by Saurenergy Personal mobility solutions are increasingly about clean, mean electric machines. In India, that means big, bold, and beautiful electric crossover vehicles and SUVs offering the latest in battery tech, safety tech, and comfort tech that promise to go longer and higher on a full charge. As EV Range Improves… More importantly, improving batteries and battery […] Read more
Karnataka Clean Mobility Policy 2025-30 Aims To Attract ₹50,000 Cr Updated On Tue, Feb 18th, 2025 by Saurenergy Karnataka’s Commerce and Industries Department has released the Karnataka Clean Mobility Policy 2025-30 to attract ₹50,000 crore in investments across the entire clean mobility vehicle value chain. The policy aims to generate approximately 100,000 new jobs during the policy period. It further states that Karnataka’s policy and the package of incentives and concessions will come […] Read more
India Needs 3.9 Million Charging Stations by 2030: Report Updated On Thu, Feb 6th, 2025 by Saurenergy A latest report from GameChanger Law Advisors and Speciale Invest claimed that to meet its ambitious 2030 EV adoption targets, India needs to install at least 3.9 million charging stations, making charging accessibility one of the most pressing challenges for the industry. The report titled ‘Charging Ahead II’ said that India’s electric vehicle (EV) market […] Read more
