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Financings

IREDA to raise Rs 45 billion through issue of fresh equity shares

September 20, 2024

Indian Renewable Energy Development Agency Limited (IREDA) has gained the approval of the Department of Investment and Public Asset Management (DIPAM) to raise an estimated Rs 45 billion through issue of fresh equity shares. The […]

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Miscellaneous

NIIF and JBIC unveils $600 million India-Japan fund

October 4, 2023

The National Investment and Infrastructure Fund (NIIF) and Japan Bank for International Cooperation (JBIC) have collaborated to unveil a $600 million India-Japan fund to promote collaboration and investment between Japan and India in the field […]

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Policies and Programmes

MoP announces additional actions to boost financial health of discoms

July 31, 2023

The Indian government has implemented additional measures to improve the financial stability of distribution companies (discoms). These measures focus on streamlining accounting, reporting, billing, and subsidy payment processes by states to the discoms. The goal […]

Financings

EverSource Capital’s GGEF closes at $741 million

January 19, 2022

EverSource Capital (EverSource) announced the final close of Green Growth Equity Fund (GGEF), reportedly India’s largest climate impact fund, at $741 million. The GGEF becomes one of the largest single-country funds focused on climate change, […]

Financings

CleanMax to raise $34 million from Danish Investment Fund for Developing Countries

December 22, 2021

CleanMax, an Indian renewable energy company has received $34 million in funding from the Danish Investment Fund for Developing Countries (IFU). T the company is expected to utilize the funding to enhance its commercial and […]

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