IFC Invests Rs 667 Crore in L&T Infrastructure for Solar Power Projects Updated On Fri, Jul 7th, 2017 by Saurenergy L&T Infrastructure Finance Co will use the fund to provide loan to solar power projects across India. The World Bank’s private financing arm IFC has invested Rs 667 crore ($103 million) in L&T Infrastructure Finance Co by subscribing to the first official Green Bonds in India, as stated in a joint statement by both the […] Read more
Fotowatio Renewable Ventures Raises $29 Million from IFC to Fund 100 MW Solar Power Projects in Andhra Pradesh Updated On Sat, Apr 29th, 2017 by Saurenergy The Company is building two solar power projects of 50MW each in Andhra Pradesh. The cost of the project is estimated at $119 million which will be funded through a mix of 75 per cent debt and 25 per cent equity. Fotowatio Renewable Ventures (FRV) has raised $29 million (~Rs.1.86 billion) in non-convertible debentures (NCDs) […] Read more
IFC Mulls Rs 100 cr Investment in CleanMax to Fund 250 MW of Solar Power Projects Updated On Wed, Feb 15th, 2017 by Saurenergy CleanMax Enviro Energy Solutions could receive Rs 100 crore to commission more than 250 MW of solar power projects. International Finance Corp, the private sector investment arm of the World Bank, could invest about Rs 100 crore in renewable energy company CleanMax Enviro Energy Solutions, one of the largest solar power solutions providers in India. […] Read more
IFC to invest up to USD 125 mn in Hero Future Energies Updated On Fri, Aug 26th, 2016 by Saurenergy International Finance Corporation (IFC) has announced to invest up to USD 125 million with IFC Global Infrastructure Fund in Hero Future Energies. The USD 125 million of equity and proceeds will be used to fund the construction of solar and wind power plant projects. Hero Future Energies Pvt Ltd plans to have a total installed […] Read more
IFC, MP Govt to Build the Largest Single-site Power Project in Rewa Updated On Mon, Jan 18th, 2016 by Saurenergy A member of the World Bank Group share intends to partner with Madhya Pradesh government for a massive solar project. IFC and state govt. aims to setup the largest single-site power project of 750-Mw in Rewa. IFC will put its expertise to structure and propose the transaction through private investments of about $750 million. “Successful […] Read more
Fiscal Year 2024: World Bank Provides $42.6 Bn Climate Finance Updated On Fri, Sep 20th, 2024 by Saurenergy The World Bank Group delivered a record $42.6 billion in climate finance in fiscal year 2024—from July 1, 2023, to June 30, 2024, according to its ‘Climate Finance Fiscal Year 2024 Snapshot’. This is a 10% increase in climate finance compared to the previous year. At COP28, the World Bank Group committed to increasing its […] Read more
Deputy General Manager-HSE Updated On Thu, Aug 29th, 2024 by Saurenergy Implement and monitor the HSE management system in accordance with ISO 45001& ISO 14001 and IFC Standards as directed by Head HSE, in line with contractual HSE obligations with customer HSE Co Ordinator for International Sites Skills and Competencies required:- HSE Inspections & Audits HSE Monitoring HSE Training HSE incident management & investigations Coordinate with […] Read more
REC Gets $200 Mn Loan From Deutsche Bank To Finance RE Projects Updated On Thu, Jul 11th, 2024 by Saurenergy REC recently secured a green loan of JPY 31.96 billion which is equivalent to $200 million to finance green projects in India. The green loan transaction was conducted by Deutsche Bank AG, through its GIFT City branch. For REC, the public financial institution, the facility is also positioned as one of the first JPY-denominated green […] Read more
Avaada Group Secures Rs 315 Cr Financing For Karnataka Solar Project Updated On Wed, May 29th, 2024 by Saurenergy The renewable energy arm of Avaada Group, Avaada Energy, has announced that it has closed the financing of about Rs 315 crore from Aseem Infrastructure Finance Limited (AIFL), an IFC (Infrastructure Finance Company), said the company statement. The company has secured financing for its solar PV power project being developed under a long-term captive Power […] Read more
