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Sustainable funds in India attract $500 million during Covid-19 selloff

By : Sustainability ..., May 18, 2020

Sustainable funds in India have shown resilience during the coronavirus-triggered market selloff and attracted more than $500 million (over Rs 3,700 crore) in January-March largely due to growing investor interest in environmental, social and governance issues, says a report...

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Power discoms get ₹90,000 crore liquidity lifeline

By : Sustainability ..., May 14, 2020

The government on Wednesday announced a ₹90,000 crore liquidity injection into fund-starved electricity distribution companies (discoms) as part of a stimulus package to revive the country’s battered economy. The announcement, made by finance minister Nirmala Sitharaman, is...

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Siemens Gamesa warns coronavirus will keep squeezing 2020 finances

By : Sustainability ..., May 7, 2020

Wind turbine maker Siemens Gamesa said on Wednesday that project delays and supply chain disruptions caused by the coronavirus outbreak would continue to drag on its earnings this year after squeezing profitability in the second quarter. Despite building up a record-breaking...

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Kochi in ‘Cities4Forests’ project

By : Sustainability ..., May 20, 2019

Kochi has been selected for the Cities4Forests project initiated by a consortium of international agencies like World Resource Institute (WRI), Pilot Projects and REVOLVE with the involvement of...

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Solar grouping ISA to create ecosystems for startups in solar innovations

By : sustainabilityo..., Apr 30, 2018


International Solar Alliance (ISA) will create ecosystems for startups in solar innovations by enabling incubation, partnerships, access to finance and standards. 

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Big banks fail to clear climate test

By : sustainabilityo..., Jul 5, 2017

The world's biggest banks are continuing to fuel climate change through the financing of "extreme" fossil fuels at a rate that will push the planet beyond the climate change limit agreed upon at...

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Launch of Innovative Microgrid Investment Accelerator to Unlock Private Capital for Energy Access

By : sustainabilityo..., Apr 7, 2017

The Microgrid Investment Accelerator (MIA) launched at the U.N. Sustainable Energy For All Forum. This first-of-its-kind energy access financing facility seeks to...

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Overseas Private Investment Corporation (OPIC) to provide US$74 million funding for ReNew’s 100MW India solar project

By : sustainabilityo..., Nov 17, 2016

The Overseas Private Investment Corporation (OPIC), the US Government’s development finance institution, will provide US$74 million to Indian energy firm ReNew Power Ventures for a 100MW solar...

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Subject Tags: finance , industry news

$1 billion fund in the works for stressed assets, renewable projects: Piyush Goyal

By : sustainabilityo..., Aug 29, 2016

The power ministry plans to set up two funds of $1 billion each to enable alternative financing options for stressed power assets and renewable energy projects. The two funds have been proposed...

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Subject Tags: finance , NIIF

DMICDC partners IIFCL to boost investment in industrial space

By : sustainabilityo..., Aug 29, 2016

The Delhi Mumbai Industrial Corridor Development Corporation has signed an MoU with India Infrastructure Finance Company Ltd (IIFCL) to share expertise and help boost investment opportunities in...

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