Green Financier Ecofy Secures USD 12.5 Million From IFU Updated On Tue, Mar 25th, 2025 by Saurenergy Ecofy Finance Private Limited, India’s green-transition-focused NBFC, has announced that it has secured a USD 12.5 million long-term loan facility from the Investment Fund for Developing Countries (IFU), a development finance institution owned by the Government of Denmark. The funding will support Ecofy’s further expansion into funding EVs and Solar systems in India. Ecofy aims […] Read more
IREDA Launches First-Ever Perpetual Bonds To Raise ₹1,247 Cr Updated On Thu, Mar 20th, 2025 by Saurenergy Indian Renewable Energy Development Agency Limited (IREDA) has launched its first-ever issue of Perpetual Bonds for an amount of ₹1,247 crores at an annual coupon rate of 8.40%. This development comes soon after IREDA’s board decided to hike the borrowing limit for FY25 to Rs 29,200 crore from Rs 24,200 crore. IREDA, the Navratna company […] Read more
Ayana Renewable To Raise Rs 150 Cr From IL&FS Mutual Fund Updated On Tue, Mar 18th, 2025 by Saurenergy Renewable energy company, Ayana Renewable is set to raise Rs 150 crore (approximately $17.4 million) in debt from IL&FS Mutual Fund. This funding comes just a month after the company signed a share purchase agreement with the ONGC-NTPC Joint Venture. The board at Ayana Renewable has passed a special resolution to issue 1,500 non-convertible debentures […] Read more
AP Offers 25% Subsidy For Solar and Wind Energy Manufacturing Updated On Mon, Mar 17th, 2025 by Saurenergy Andhra Pradesh (AP) has released operational guidelines for implementing its clean energy policy. These guidelines cover key aspects such as approvals, resource allocation, land allotment, incentives, and statutory clearances. To streamline the approval process, NREDCAP will be required to create a Unified/Single Desk Portal. Through this portal, the government can allocate resources and facilitate the […] Read more
CleanMax, Osaka Gas Sign Pact For Accelerating Energy Transition Updated On Mon, Mar 10th, 2025 by Saurenergy Renewable energy company CleanMax and Osaka Gas Group have signed an agreement to accelerate India’s green energy transition. CleanMax is Asia’s renewable energy provider having expertise in the Commercial and Industrial (C&I) sector. It is a Brookfield-backed company. The firm has now announced a long-term strategic joint venture with Osaka Gas Co. Ltd., a prominent […] Read more
ONGC Acquires PTC Energy With Its 288.8 MW Wind Projects Updated On Wed, Mar 5th, 2025 by Saurenergy ONGC has announced its investment in ONGC Green Limited (OGL) and the recent acquisition of PTC Energy Limited (PEL). In a regulatory filing regarding the acquisition of PTC Energy Limited (PEL), it stated, “PTC Energy Limited (PEL) was established in August 2008 as a wholly owned subsidiary of PTC India Limited. It has an aggregate […] Read more
FDRE Projects Prone To Several Financial Risks, Says EMBER Updated On Tue, Feb 25th, 2025 by Saurenergy A new report from Ember maps various financial risks associated with renewable projects. Based on the assessment of these risks, the report estimates the premiums associated with them and the overall impact of the risks on the cost of capital. The report moves beyond traditional “thumb rules” for calculating risk premiums by adopting a data—and […] Read more
IRFC Lends ₹7,500 Cr Term Loan To NTPC REL For RE Projects Updated On Mon, Feb 24th, 2025 by Saurenergy NTPC Renewable Energy Limited (NTPC REL), a wholly owned subsidiary of NTPC Green Energy Limited (NTPC GEL), has accepted the Indian Railway Finance Corporation (IRFC) bid of ₹7,500 crores to finance a Rupee Term Loan (RTL). The bid was made in response to the Request for Proposal (RFP) dated January 17, 2025 by NTPC Green […] Read more
Programme Associate- Resource Mobilization Updated On Tue, Feb 18th, 2025 by Saurenergy The RM Programme Associate will report to the Chief of Unit Resource Mobilization or a designated officer and will deliver a wide range of business support processes and activities for related professional areas of work as specified by the supervisor, to facilitate effective service delivery Resource mobilization support Supporting donor engagement efforts, including preparing briefs, […] Read more
