SUBSCRIBE NEWS LETTER

moody

A State Model for Development: Inclusion of Solar in Building Bye-Laws

The inextricable connection between state policies and development is well defined. Make in India is known to have made a tremendous inroads in invigorating the manufacturing sector. The FDI inflows reached record high levels and GDP growth rate touched the 7.5% mark. In the past few months, metrics to quantify results of state policies reverberated […]

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Azure Power Wins 200 MW in SECI Auction

Azure Power will sign a power purchase agreement with SECI to supply power at a tariff of INR 2.48 per kWh for 25 years Azure Power one of India’s leading independent solar power producers, announced it has won a 200 megawatt (MW) solar power project through an auction conducted by Solar Energy Corporation of India […]

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Solar Companies Expect Easier Financing For Projects

Moody’s upgrade of India to a solid investment grade level is a positive move in the renewable energy sector but regulatory hurdles could be a challenge. India’s massive effort towards renewable energy projects will gain from easier finance for investments following the upgrade of the country’s sovereign rating by Moody’s, according to the industry leaders. […]

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Azure Power Secures 250MW Solar Power Project with the Tariff of Rs 3.14

Azure Power will also be providing O&M services for 250MW solar power project apart from designing, engineering, manufacturing work scope. Azure Power has announced that it has won a 250MW solar project in an auction conducted under Domestic Content Requirement (DCR) by Indian utility NTPC. Azure Power quoted the lowest bid of Rs 3.14. NTPC […]

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Azure Power Bags 260 MW Solar Power Project in Gujarat

The 260 MW allocation is the largest allocation by GUVNL to a solar power developer, 52% of the total allocated capacity of 500 MW announced. Azure Power will provide power for 25 years to GUVNL which has been rated AA- by ICRA, a Moody’s company, at a tariff of INR 2.67 (~US$ 0.04) per kWh. […]

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Greenko to Raise $1 Billion Through Asia’s Largest Green Bond

India’s leading clean energy company, Greenko will raise one of the largest greenbond sale to date by a company in Asia, up to $1.1billion via an offshore dollar issue. Less than a year after its last offering, India’s leading clean energy company, Greenko, is raising up to $1.1billion via an offshore dollar issue — the […]

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ReNew Power Raises $475 Million at Cheaper Cost

The green bonds yielded 6% at the close of subscription and have helped ReNew Power raise $475 Million. ReNew Power Ventures has raised $475 million by selling green bonds to overseas investors as the solar and wind energy producer plans to refinance debt. The bond yielded 6% at the close of subscription on Monday. The […]

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