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GAIL highest bidder for IL&FS wind assets with $689 million offer

By : Sustainability ..., Apr 23, 2019

GAIL (India) Ltd is set to complete the purchase seven wind power plants from India's debt-ridden Infrastructure Leasing and Financial Services (IL&FS), after offering 48 billion rupees ($...

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SBI offers 20 bps discount on electric vehicle loans

By : Sustainability ..., Apr 23, 2019

In a bid to boost volumes for the struggling electric vehicles segment, State Bank of India Monday launched a discounted loan for buyers of such vehicles pricing 20 basis points lower than its...

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FAME-II subsidy: Carmakers voice resent over exclusion of private vehicles

By : Sustainability ..., Apr 23, 2019

Two months after FAME-II, car manufacturers are now voicing their disappointment over certain exclusions in the second phase of the electric vehicle incentive scheme rolled out by the government...

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Several wind energy projects in slow lane since 2017 auctions

By : Sustainability ..., Apr 23, 2019

A large number of wind energy projects have been bid out since auctions for such projects began in early 2017, both by Solar Corporation of India (SECI) and state agencies, but only a small...

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SECI postpones manufacturing-linked solar bid for 3 GW till May 14

By : Sustainability ..., Apr 23, 2019

State-run Solar Energy Corporation of India Monday extended bids submission deadline for the third time for manufacturing-linked 3GW solar power tender till May 14. "The RfS (request for...

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Mytrah Energy looking to divest stake; in talks with Canada’s Brookfield

By : Sustainability ..., Apr 23, 2019

Mytrah Energy India Pvt Ltd (MEIPL), an independent producer of renewable energy, is in advanced stages of talks for divestment of stake.

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Hero arm, Azure Power to raise $1 bn from bond sale

By : Sustainability ..., Apr 18, 2019

Hero Group’s renewable energy arm and NYSE-listed Azure Power are gearing up to raise $1 billion by selling bonds to overseas investors over the next few weeks in separate offerings, according...

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Telangana to add 1,000 MW solar power capacity in 6-8 months: Official

By : Sustainability ..., Apr 18, 2019

Telangana will add another 1,000 MW of solar energy capacity in next six to eight months taking the total installed capacity to over 4,500 MW in solar power segment, a senior official said...

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RE-Invest becomes Sun-World as it moves out of India

By : Sustainability ..., Apr 18, 2019

International Solar Alliance (ISA), the global grouping of sunshine-rich countries led by India, is planning to launch global editions of its flagship industry event Re-Invest in response to the...

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12% GST on RECs: Renewable power companies move Delhi High Court

By : Sustainability ..., Apr 18, 2019

Renewable power companies have moved the Delhi High Court, seeking to exempt the renewable energy certificates (RECs) from the goods and services tax (GST). The case will also have implications...

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