SUBSCRIBE NEWS LETTER

solar project finance

TERI Makes the Case for Rs 40 Lakh Crore Green Stimulus

TERI has proposed to revive the Indian economy by exploiting the potential of around Rs 40 lakh crore in green energy projects over the next 10 years The Energy and Resources Institute (TERI) has proposed to revive the Indian economy by exploiting the potential of around Rs 40 lakh crore in clean energy projects over […]

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Cabinet Relaxes Working Capital Limit for Loans to Discoms

The Union Cabinet has approved a one-time relaxation to PFC and REC for extending loans to Discoms above limits of the working capital cap The Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi, has approved a one-time relaxation to Power Finance Corporation (PFC) and Rural Electrification Corporation (REC) for extending loans […]

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RWE Rakes in €2bn With Share Issue to Back its Renewable Expansion

RWE has successfully concluded an increase of its share capital of around EUR 2 billion, as it looks to expand in the fields of renewable energy Germany’s RWE has announced that it has successfully concluded an increase of its share capital of around EUR 2 billion by selling new shares. The firm stated that the […]

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Need To Make Development Financing Institutions for Infrastructure Development

The government and regulators have taken effective steps at appropriate times to save the liquidity for the infrastructure projects and create effective demand in the market for continuity of businesses, deliberated Padmanabhan Raja Jaishankar, Managing Director, IIFCL, Government of India, in a session organised by PHD Chamber of Commerce and Industry on ‘Infrastructure Investment During COVID […]

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PFC Records Growth in Both Topline and Bottomline in COVID Affected Q1

PFC has reported strong financial results for COVID affected Q1, recording growth both in its topline and bottomline for the quarter. Amid rising strain in the power sector with faltering demand and increasing indebtedness, state-owned power sector financing institution, Power Finance Corporation (PFC) has reported a strong outcome in its financial results for COVID affected April-June quarter […]

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Rs 1.8 Tn Investment in Transmission Segment in India by 2025: ICRA

ICRA expects an investment of Rs 1.8 trillion by 2025 in the power transmission segment in India, driven by evacuation infrastructure for RE projects. Independent investment information and credit rating agency ICRA has revealed in a new analysis that it expects an investment of Rs 1.8 trillion over the five-year period from FY2021 to FY2025 […]

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Maharashtra has Achieved 9.7 GW of its 22 GW by 2022 RE Target

As of June 2020, Maharashtra has an installed renewable energy capacity of 9.7 GW, which is 44 percent of its 2022 target of 22 GW. Maharashtra has renewable energy potential of 75 GW, which is 8.3 percent of the country’s total potential. As per the state’s National Electricity Plan 2018, Maharashtra has a renewable energy […]

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BCD on Chinese Imports to be Delayed by 2-3 Weeks: MNRE

The basic customs duty (BCD) on solar imports from China, which was supposed to be implemented from August 1, 2020, will be delayed by 2-3 weeks. The basic customs duty (BCD) on solar imports from China, which was supposed to be implemented from August 1, will be delayed for another two to three weeks, per […]

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ISA Amends Framework Agreement Allowing UN Member States to Join

UN member states will now be able to join the ISA after the Ministry of External Affairs (MEA) announced amendments to the framework agreement. Uniter Nations (UN) member states will now be able to join the International Solar Alliance (ISA) after the Ministry of External Affairs (MEA) announced amendments to the ISA’s framework agreement. For […]

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