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ReNew Power sells Karnataka wind farms to Ayana Renewable for Rs 1600 croreBy : Sustainability ..., Nov 10, 2020
ReNew Power has sold its Karnataka wind farms to UK-government backed Ayana Renewable for Rs. 1600 crore, according to people aware of the matter. The two parties signed definitive agreements... Read more.. |
Rs 90k crore package for DISCOMs not enough, dues cross Rs 1 lakh croreBy : Sustainability ..., Jul 7, 2020
The Centre's Rs 90,000 crore liquidity window to financially stressed state discoms for clearing their mounting dues to... Read more.. |
Tata Power eyes Rs 3,000-crore divestment, revamp of green assets to cut debtBy : Sustainability ..., Jun 2, 2020
Tata Power Company hopes to raise about Rs 3,000 crore from divestment of non-core operations and restructuring the renewable energy business with an aim to cut debt by at around 40% this financial year. The company, which has an installed capacity of 12,742 megawatts, hopes... Read more.. |
Proposed Carbon Tax Waiver On Coal May Pose Risks To India's Renewables Growth: FitchBy : Sustainability ..., Jan 7, 2020
Fitch Solutions on Monday said that the centre's proposed carbon tax waiver on coal may pose substantial downside risks to India's renewable sector growth. In a bid to alleviate significant debt levels in the power industry, India has proposed to waive carbon taxes on coal (... Read more.. |
Centre, Andhra reach a compromise on green contractsBy : Sustainability ..., Nov 29, 2019
The Centre and Andhra Pradesh have reached a compromise to end the impasse over the Y.S. Jagan Mohan Reddy-led government’s controversial decision to reopen renewable energy contracts inked by the previous state government. The compromise was struck during a meeting attended... Read more.. Subject Tags: Andhra Pradesh Government , debt , DISCOMS , electricity dues , power purchase agreements , renewable energy tariff |
India asks state-run firms to clear over $1 billion owed to green energy firms - sourcesBy : Sustainability ..., Nov 27, 2019
India has asked state lenders to provide over $1 billion to government power distribution companies to clear longstanding debts to green energy firms that could hinder further investment, three sources familiar with the plan said on Tuesday. The companies owe solar and wind... Read more.. Subject Tags: debt , DISCOMS , foreign investments , ReNew Power , renewable energy companies , renewable energy tariff , Softbank |
cKers Finance paves way for innovative sustainable energy project financing: makes 5 investments and looks for moreBy : sustainabilityo..., Dec 8, 2017
Recently launched cKers Finance (pronounced ‘seekers’) has made a series of 5 investments in quick succession. They cover several emerging segments: rooftop solar, solar home systems and solar... Read more.. Subject Tags: cKers Finance , debt , decentralized renewable energy , energy efficiency , Financing , project finance , rooftop solar , solar home systems , solar pumps , sustainable energy |
Moser Baer Solar requests Central Bank to defer loan repayment scheduleBy : sustainabilityo..., Sep 15, 2017
Moser Baer Solar (MBSL) has requested public sector lender Central Bank of India to defer its loan repayment schedule and allow the company to run on a ‘going concern’ basis. The company is... Read more.. |
In a first, Kerala Electricity Board to use drones for curbing power leakageBy : sustainabilityo..., Aug 28, 2017
In order to plug leakages, a recurrent source of power failure and loss in revenue, Kerala State Electricity Board (KSEB) will use drones to identify breakages, loose contact and encroachments in high transmission lines. In a first-of-its-kind initiative in India, the board... Read more.. |