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Centre mulls financial aid to Bengal for solar pump storage project

By : sustainabilityo..., Jan 12, 2016

The Centre is likely to soon announce a package to help West Bengal set up pumped storage system clubbed with solar facilities with assistance from National Clean Energy Fund....

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Rooftop solar projects to get $1.5 billion foreign aid

By : sustainabilityo..., Jan 12, 2016

The World Bank, Asian Development Bank and the New Development Bank formed by the BRICS nations are providing loans to boost India's rooftop solar programme.

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Record year for residential and commercial solar funding at US$5.5 billion - Mercom

By : sustainabilityo..., Jan 11, 2016

Global corporate funding in the solar industry, including venture capital (VC), debt financing and public market financing raised by public companies was US$25.3 billion in 2015, slightly down...

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IREDA to issue US$257 million in tax-free bonds

By : sustainabilityo..., Jan 11, 2016

State-owned firm the Indian Renewable Energy Development Agency (IREDA) is to issue INR17.2 billion (US$257 million) in tax-free bonds from today for the financing of renewable energy projects...

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Subject Tags: Financing , Green Bonds

IIFCL plans to raise Rs2,000 crore from bonds this quarter

By : sustainabilityo..., Jan 11, 2016

State-owned India Infrastructure Finance Company Ltd (IIFCL) is planning to raise about Rs.2,000 crore from taxable bonds this quarter for project lending.

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SunEdison reducing debts at a high price

By : sustainabilityo..., Jan 8, 2016

Major renewable energy provider SunEdison has secured new term loans to reduce debts but carry an interest rate of LIBOR + 10.0% per annum through mid-2018.

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Government of India & JBVNL signs 1st MoU under UDAY scheme

By : sustainabilityo..., Jan 7, 2016

The Government of India, the State of Jharkhand and the JBVNL (Jharkhand Bijli Vitran Nigam Limited) has announced that they have signed a Memorandum of Understanding (MOU) under the Scheme UDAY...

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Will a quarter of discom debt need to be classified as bad loans?

By : sustainabilityo..., Jan 6, 2016

The process of implementing the government’s Ujwal Discom Assurance Yojana (UDAY), announced on 5 November, is now underway. On Tuesday, power minister Piyush Goyal said states accounting for...

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Electric mobility mission faces infrastructure, finance hurdles

By : sustainabilityo..., Jan 6, 2016

The government’s ambitious National Electric Mobility Mission Plan (NEMMP), which intends to put seven million electric and hybrid vehicles on the road by 2020, may face hurdles from the lack of...

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IIFCL to raise Rs1,000 crore from second tranche of infrastructure debt fund

By : sustainabilityo..., Jan 6, 2016

State-owned India Infrastructure Finance Co. Ltd (IIFCL) on Tuesday said it is in the process of raising Rs.1,000 crore from second tranche of infrastructure debt fund (IDF) to finance renewal...

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