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india

IFC to Support India’s Continuum in First Green Bond Offering in Singapore

IFC has subscribed to 10 percent of Continuum Green Energy’s first green bond, which listed on the Singapore stock exchange on February 10. One of India’s leading renewable energy developers has tapped the International Finance Corporation (IFC) to anchor its first green bond, helping the country achieve its ambitions to reduce greenhouse gas emissions and […]

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KKR’s Indian Renewable Venture ‘Virescent’ Assigned ‘AAA’ Rating by CRISIL

VRET the InvIT proposed by KKR-backed Indian RE platform Virescent Infrastructure has received a ‘AAA/Stable’ provisional rating from CRISIL Virescent Renewable Energy Trust (VRET), the Infrastructure Investment Trust (InvIT) proposed to be launched by KKR-backed Indian renewable energy platform Virescent Infrastructure, has received a ‘AAA/Stable’ provisional rating for its bank loan facilities from CRISIL, an […]

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Indian Electricity Sector on Cusp of a Solar Powered Revolution: IEA

Solar power is set for explosive growth in India, matching coal’s share in the Indian power generation mix within two decades. According to the latest International Energy Agency (IEA) report, solar power is set for explosive growth in India, matching coal’s share in the Indian power generation mix within two decades in the STEPS – […]

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India to see Largest Increase in Energy Demand in the World by 2040: IEA

India is set to experience the largest increase in energy demand of any country over the next 20 years as its economy continues to develop India’s ability to ensure affordable, clean and reliable energy for its growing population will be vital for the future development of its economy, but avoiding the kind of carbon-intensive path […]

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Jaguar Land Rover to Launch First All-Electric SUV in India

UK’s largest automotive manufacturer, Jaguar Land Rover has announced the launch of its all-electric SUV, ‘I-Pace’ in India on March 09, 2021. However, the bookings for I-Pace started in India in November 2020.  Interestingly, in the Covid era, the launch of I-Pace will be a virtual event for members of the media, customers, and fans […]

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MG Motor India Launches New ZS EV 2021, Available Across 31 Cities

The Indian subsidiary of Chinese automotive manufacturer, MG Motor India has launched the new ZS EV 2021 priced at Rs. 20.99 lakhs. The updated version comes with a best-in-class 44.5 kWh Hi-Tech battery and has a certified range of 419 KM*. Sharing his excitement, the President & Managing Director, MG Motor India, Rajeev Chaba stated, […]

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India’s Consumption Trends in January Sign of Economic Growth: RK Singh

Asserting that the Union Budget 2021-22 will pave the way for comprehensive growth in the economy, Union Power Minister RK Singh has said that country’s energy consumption reached an all-time high of 1.89 million gigawatts in January and this is an indication that India’s economy is on a path of growth. “In October 2020, the country’s energy consumption increased by […]

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EESL to Implement Clean Energy and Energy Efficiency Projects for Coal India

EESL has signed an MoU with Coal India Limited (CIL) to execute energy efficiency and clean energy projects for CIL and subsidiaries. Energy Efficiency Services Limited (EESL), a joint venture of Public Sector Undertakings (PSUs) under the Ministry of Power, has announced that it has signed a Memorandum of Understanding (MoU) with Coal India Limited […]

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Economic Survey-India Needs $206 Bn for 2030 SDGs Agenda

The Ministry of Finance of GOI, in its Economic Survey 2020-21 released on January 29, 2021has also devoted a chapter to “Sustainable Development and Climate Change”. agenda India and the SDGs: The agenda 2030 for sustainable development with 17 Sustainable Development Goals (SDGs) and 169 associated targets comprises a complete developmental agenda integrating social, economic, and […]

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