Tags: renewable energy

KKR launches Virescent Infrastructure- a platform to acquire renewable energy assets

Global investment firm KKR has announced the launch of Virescent Infrastructure, a newly created platform to acquire renewable energy assets in India. Headquartered in Mumbai, Virescent aims to expand its diversified portfolio of operational renewable energy assets, facilitated by investments predominantly made through KKR’s infrastructure fund. Virescent looks to identify investment opportunities that have stable […]

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NTPC ties up INR 3582 crore funding from JBIC

In the first funding for NTPC Ltd under Japan Bank for International Co-operation (JBIC)’s GREEN or Global Action for Reconciling Economic growth and Environment preservation initiative, India’s largest power producer entered into foreign currency loan agreement with Japanese Government’s financial institution for JPY 50 billion (approx. USD 482 million or Rs. 3,582 crore). JBIC will […]

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Clear 10-year roadmap for clean energy needed to boost innovation: Amitabh Kant

NITI Aayog CEO Amitabh Kant on Monday stressed on the need for a clear ten-year road map to boost clean energy technologies and creating standards for innovations. Kant also called hydrogen as fuel of the future especially for commercial vehicles which can ensure efficiency in movement across the country. Speaking at the India Energy Forum […]

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Here is what PM said delivering inaugural address at 4th India Energy Forum

PM delivered inaugural address at 4th India Energy Forum CERAWeek through video conference. The theme of this edition is “India’s Energy Future in a world of Change”. Speaking on the occasion, the Prime Minister said India is full of energy and its energy future is bright and secure. He  elaborated that in spite of various […]

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Discoms can save up to INR 21880 crore with Indexed renewable energy tariffs: IEEFA

The inflation indexation of tariffs for future solar capacity could provide much-needed financial respite to the distressed power distribution sector and help India move away from coal-fired power, according to a joint briefing note by the Institute for Energy Economics and Financial Analysis (IEEFA) and the CEEW-Centre for Energy Finance (CEF). Zero indexation tariffs have been the […]

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Inox Wind bags order for wind turbine generators of 40 MW from retail customers

Inox Wind has  bagged orders to supply and install wind turbine generators of 40 MW capacity from retail customers across various industries. The projects will be executed on a turnkey basis across locations in Gujarat and Karnataka. “Inox Wind today announced new orders for the supply and installation of wind turbine generators of 40 MW […]

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Green recovery plans boost income, employment and GDP: Report

New analysis, commissioned by the We Mean Business coalition and conducted by Cambridge Econometrics, shows that green recovery plans boost income, employment and GDP better than return-to-normal stimulus measures, with the added benefit of reducing emissions. In all geographies modelled (global, the EU, Germany, Poland, Spain, the UK, USA, Japan and India), green recovery plans were found to be more effective than […]

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PM Modi to Inaugurate India Energy Forum on 26 October, here is what we know

The Prime Minister of India Narendra Modi will deliver the inaugural address at India Energy Forum by CERAWeek scheduled from October 26-28. Here is what we know about the upcoming event. . India Energy Forum by CERAWeek, now in its fourth year, is hosted by IHS Markit. . The event will convene an international group […]

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CLP Wind Farms raises INR 296.9 crore via green bonds

CLP India arm CLP Wind Farms (India) has raised Rs 296.9 crore through non-convertible debentures. The company in a statement said “CLP Wind Farms (India) Private Ltd, a subsidiary of CLP India Private Ltd (CLP India), has raised Rs 296.9 crores through the issuance of rated, secured, unlisted, redeemable and non-convertible debentures. Standard Chartered Bank […]

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Investments into the renewables sector to increase 35 percent by FY 23: Report

Encouraging investor interest and enabling regulations can boost the investments into the renewables sector by a healthy 35 percent to Rs 1.5 lakh crore between now and the end of fiscal 2023, says a report. The past three years saw fresh investments into the renewables sector led by solar and partly by wind power, surging […]

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