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CDC Group plans Ayana stake sale to raise $100 million

By : Sustainability ..., Nov 27, 2018

CDC Group Plc, the UK government’s development finance institution, plans to raise around $100 million by selling a stake in Ayana Renewable Power, its renewable energy platform recently...

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EIB, SBI to finance wind energy projects

By : Sustainability ..., Nov 26, 2018

The European Investment Bank and State Bank of India have formally agreed to finance the renewable energy sector by providing new support for wind energy projects across India. This is being...

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NITI Aayog in the driver’s seat for ambitious EV rollout plan

By : Sustainability ..., Nov 23, 2018

NITI Aayog, the government’s apex policy think tank, has been tasked with rolling out an ambitious electric vehicle (EV) plan, pushing the department of heavy industries (DHI) into a tertiary...

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Power demand revival drives 19% volumes growth at Indian Energy Exchange

By : Sustainability ..., Nov 23, 2018

A revival in power demand spurred volumes growth in electricity trading at Indian Energy Exchange (IEX). The exchange's electricity trade volume rose 19 per cent during April-September, aided by...

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Trigeneration technology: Maharashtra signs pacts with EESL for 7 MW projects

By : Sustainability ..., Nov 23, 2018

The Maharashtra government today signed pacts with Energy Efficiency Services Ltd (EESL) to implement gas-based trigeneration projects in selective facilities including government-owned...

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Govt to raise target for ethanol blending of petrol

By : Sustainability ..., Nov 23, 2018

The government intends to further increase the target level for the Ethanol Blended Petrol (EBP) programme that aims to bring down India's imports of petroleum products, as also provide cleaner...

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Punjab State Power Corporation Limited to set up 65 MW paddy straw power plant in Bathinda

By : Sustainability ..., Nov 23, 2018

The Punjab State Power Corporation Limited (PSPCL) is going to set up a 60-65 MW paddy straw-based power plant at the cost of Rs 150 crore. PSPCL’s board of directors (BoD) in a meeting on...

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Panel suggests mechanism for facilitating payments to power cos

By : Sustainability ..., Nov 22, 2018

The high-level committee for revival of stressed power assets has suggested setting up a mechanism to allow public financial institutions (PFI) like REC and PFC to discount receivables from...

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Panel suggests mechanism for facilitating payments to power cos

By : Sustainability ..., Nov 22, 2018

The high-level committee for revival of stressed power assets has suggested setting up a mechanism to allow public financial institutions (PFI) like REC and PFC to discount receivables from...

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IREDA feels the pinch of RBI tightening NPA provisioning norms

By : Sustainability ..., Nov 22, 2018

The Indian Renewable Energy Development Agency (IREDA) expects worsening of its asset quality with the Reserve Bank of India’s recent move to level the playing field on NPA recognition between...

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