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IFC invests $125 million in Hero Future Energies

By : sustainabilityo..., Jan 6, 2017

IFC, a member of the World Bank Group, has picked up equity stake in Hero Future Energies, the renewable energy arm of the Hero Group. 

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India announces plan to step away from coal, casting doubt on approved Queensland Adani mine

By : sustainabilityo..., Dec 19, 2016

India has released a new power plan promoting a dramatic increase in renewable energy and raising doubts about the Indian-owned Adani Group's massive coal mine in Queensland.

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Telangana gets Rs 8,000 crore highway projects 'gift'

By : sustainabilityo..., Dec 19, 2016

Union transport minister Nitin Gadkari on Saturday announced Rs 8,000 crore worth projects for development of national highways in Telangana. The road projects, extending to 460 km include...

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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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MacArthur to invest $18 million to support India’s leadership on climate change

By : sustainabilityo..., Dec 13, 2016

The John D. and Catherine T. MacArthur Foundation today announced more than $18 million in grants to support India’s growing national, regional, and global leadership on climate change....

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Hindustan Zinc enters solar energy biz, to invest Rs 630 crore

By : sustainabilityo..., Dec 8, 2016

Hindustan Zinc Ltd (HZL) today said it is foraying into solar energy business and will set up 115 MW of solar energy projects with an investment of Rs 630 crore. 

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PSUs to invest Rs 3 lakh crore in hydrocarbon sector in 3 years: DIPP secretary Ramesh Abhishek

By : sustainabilityo..., Dec 7, 2016

The government expects foreign direct investment in the hydrocarbon sector to pick up but the key driver will continue to be the public sector companies, which will invest Rs 3 lakh crore over...

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China's Sany Group to invest $2 billion in Gujarat

By : sustainabilityo..., Nov 29, 2016

Chinese conglomerate Sany Group today signed an MoU with the Gujarat Government to invest a staggering $2 billion over the next five years in various energy and infrastructure projects in the...

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Subject Tags: industry news , Investment

India Power completes acquisition of Meenakshi Energy, plans to invest Rs. 3500 cr for setting up plant in Bengal

By : sustainabilityo..., Nov 17, 2016

Integrated power utility company India Power Corporation (IPCL), which on Wednesday announced completion of the acquisition of Meenakshi Energy from French power giant Engie, is planning to...

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Lightsource Renewable Energy to invest Rs 6,500 crore in India in 2-3 years

By : sustainabilityo..., Nov 15, 2016

UK-based Lightsource Renewable Energy will invest Rs 6,500 crore over the next 2-3 years to set up 1000 MW solar energy projects in India. 

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