The Himachal Pradesh government signed a memorandum of understanding (MoU) with HLC Green Energy Limited to make it the ‘First Green State’ by 2025. The project will bring in an investment of more than Rs […]
Larsen & Toubro (L&T) announced that its ‘Power Transmission & Distribution Business’ has won engineering, procurement and construction (EPC) contracts in India and abroad. L&T has secured turnkey packages to construct over 365 km of […]
The International Finance Corporation (IFC) announced a $50 million investment in a sustainability-linked bond (SLB) issued by Tata Cleantech Capital (TCCL). The funding will assist in diversifying the company’s borrowing profile in the fight against […]
Power Finance Corporation (PFC) has signed a loan agreement worth $20.2 million with Japan Bank for International Corporation (JBIC). The funds raised will be used by PFC to finance its renewable energy portfolio and provide […]
Greenko Energy Holdings announced signing of official contracts for a primary equity raising of $700 million from its current shareholders. It received the funding from its founders, the GIC sovereign wealth fund of Singapore, Abu […]
NSE Indices, a subsidiary of the National Stock Exchange (NSE) has launched India’s first Sovereign Green Bond indices that will track the performance of Indian Sovereign Green Bonds issued recently by the government. The maturity […]
The Indian government has concluded the sale of sovereign green bonds worth Rs 160 billion, with the second tranche raising Rs 80 billion. The second tranche included Rs 40 billion in bonds with a five-year […]
Indore Municipal Corporation will be floating a green bond on February 10, 2023 to raise Rs 2.45 billion for a 60 MW ground mounted captive solar photovoltaic project in Khargone district in Madhya Pradesh. The […]
International Holding Company (IHC), an Abu Dhabi-based diversified conglomerate, announced to invest AED 1.4 billion through its subsidiary Green Transmission Investment Holding RSC Limited in the Adani Enterprises Further Public Offering (FPO). This is IHC’s […]
The Board of Directors of Vedanta Group has approved the procurement of 691 MW of renewable energy to power the company’s aluminium, copper, and oil and gas operations across India. The company will obtain 91 […]
SolarArise, a Delhi-based solar developer has completed the first phase of its acquisition by Thomas Lloyd Energy Impact Trust, a London stock exchange listed investment fund. SolarArise has eight solar power projects that are spanned […]
Loom Solar, a solar technology startup based in Haryana has raised $2 million in funding from the United States based asset manager Social Investment Managers and Advisors (SIMA Funds) to support its growth strategy for […]
The Adani Renewable Energy Two Limited has signed a binding agreement to acquire a 50 per cent equity stake in Rajasthan’s Essel Saurya Urja Company (ESUCRL). According to Adani Group, ESUCRL owns and operates a […]
Chara Technologies Private Limited, a Bengaluru-based manufacturer of electric motors for electric vehicles (EV) has raised $4.75 million in a pre-series A round of funding led by the Exfinity Venture Partners. The round also witnessed […]
Tata Power has received a Rs 4.5 billion sustainable trade finance facility from Mitsubishi UFJ Financial Group Bank (MUFG) to fund solar projects in Gujarat and Maharashtra. The credit facility will be used by Tata […]
The new Norwegian Climate Investment Fund, managed by Norfund in collaboration with KLP, Norway’s largest pension company, will make its first investment of Rs 900 million in a ReNew Power transmission project in India. Norfund […]
The Reserve Bank of India (RBI) announced that it will auction Rs 160 billion in sovereign green bonds in two tranches in the Indian government’s first-ever such debt sale to raise funds for clean-energy projects. […]
Husk Power Systems, a solar microgrid operator has received a loan worth $750,000 from the German Investment Corporation – Deutsche Investitions- und Entwicklungsgesellschaft (DEG). This loan has been taken to support the company’s expansion of […]
ElectricPe, a Bengaluru-based electric vehicle (EV) charging aggregation platform has closed a $5 million pre-series round. This funding round has raised the total capital in the last 12 months to $8 million. The funds will […]
Inox Green Energy Services has acquired a majority stake in an unrevealed independent wind power operations and maintenance (O&M) company with over 230 MW of operating capacity, primarily in South India. This acquisition is expected […]
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