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US-based Evergreen Power in talks to raise $100 mn for India

By : SustainabilityO..., Mar 21, 2017

US-based Evergreen Power is in talks with investors, including private equity, infrastructure funds and strategic investors, to raise up to $100 million in equity to ramp up its wind energy...

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US ‘forces G20 to drop any mention of climate change’

By : SustainabilityO..., Mar 20, 2017

Financial officials from the world’s biggest economies have dropped from a joint statement any mention of financing action on climate change, reportedly following pressure from the US and Saudi...

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Aditya Birla Group, Lotus Renewables to launch $100m clean energy fund

By : SustainabilityO..., Mar 2, 2017

Aditya Birla Group  along with Lotus Renewables  is set to launch a $100 million Global Clean Energy Fund  targeted at developing countries in Asia, including India, as well as Australia....

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IDFC bank lends Rs 675 cr for rajasthan solar project

By : SustainabilityO..., Feb 23, 2017

IDFC Bank is creating a renewable energy niche in loans, sanctioning Rs 675 crore to a Rajasthan-based solar power project owned by French company Solairedirect.

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Germany to provide India a 1 billion Euro soft loan for 'Green Energy Corridors'

By : SustainabilityO..., Dec 16, 2016

Union Minister of state (IC) for Power, Coal, New and Renewable Energy and Mines, Piyush Goyal in a written reply in Lok Sabha on Thursday said that in order to facilitate integration of large...

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Centre sanctions Rs 30 crore for solar cities programme

By : SustainabilityO..., Dec 16, 2016

Funds worth over Rs 30 crore have been sanctioned to 21 states and union territories under the solar cities development programme, the government said Thursday.

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World Bank grants $5.19 million for energy financing to MSMEs

By : SustainabilityO..., Dec 14, 2016

World Bank will provide an additional USD 5.19 million grant to MSME industries in the country to help them adopt efficient energy means. 

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India to get additional $ 5.19 million financing from IBRD for Financing Energy Efficiency at MSMEs Project

By : SustainabilityO..., Dec 14, 2016

India has signed a grant agreement with the International Bank for Reconstruction and Development (IBRD) for USD 5.19 million for additional financing for financing energy efficiency at MSMEs...

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Banks, Financial Institutions sanction Rs 1.08 lakh crore for renewables: Piyush Goyal

By : SustainabilityO..., Nov 25, 2016

Banks and financial institutions have sanctioned funding of Rs 1.08 lakh crore for renewable energy capacities of 42.71 GW since February 2015, Union Minister Piyush Goyal said today. ...

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India to launch clean energy equity fund of up to $2 billion: Sources

By : SustainabilityO..., Nov 3, 2016

The Indian government and three state-run firms will jointly set up an equity fund of up to $2 billion for renewable energy companies to tap into to help New Delhi meet its clean energy goals,...

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