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India To Contribute $13.5 Million For UN Development Activities For 2020

By : Sustainability ..., Nov 18, 2019

India has pledged to contribute USD 13.5 million for various operational activities of development across the UN agencies for the year 2020. Counsellor at India's Permanent Mission to the UN Anjani Kumar announced India's pledges at the UN General Assembly Pledging Conference...

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After months of gloom, govt’s mega solar offering soars

By : Sustainability ..., Nov 14, 2019

The government’s latest offering of solar power projects based on indigenous kits attracted bids for twice the 1,000 MW capacity offered by state-run SECI (formerly Solar Energy Corporation of India) Ltd on Thursday, marking a revival in investor sentiment as a result of...

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Masdar invests $150 million in Hero Future Energies

By : Sustainability ..., Nov 13, 2019

Hero Future Energies (HFE) today announced Abu Dhabi Future Energy Company or Masdar will invest $150 million strategic investment in the company that will help fund the expansion of its renewable energy portfolio, including in selected international geographies. This is the...

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SJVNL signs pact for 430 MW hydro project in Himachal

By : Sustainability ..., Nov 7, 2019

Satluj Jal Vidyut Nigam Ltd (SJVNL) on Wednesday signed a pact with Himachal Pradesh for commissioning the 430 megawatt (MW) Reoli Dugli Hydro Electric Project on the Chenab river basin. The pact was signed in the run-up to two-day Rising Himachal Global Investors' Meet in...

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After Modi-Merkel Meet, Germany Agrees to Provide 1 Billion Euros to India for Green Urban Mobility

By : Sustainability ..., Nov 4, 2019

India and Germany on Friday agreed to provide financial support to climate initiatives aimed at reducing greenhouse gas emissions, with the latter expressing its readiness to provide one billion euros to India for green urban mobility. The two countries signed a joint...

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Hero Future's stake buy by Abu Dhabi Future Energy gets CCI nod

By : Sustainability ..., Oct 31, 2019

The Competition Commission of India (CCI) has given nod under the green channel route to Abu Dhabi Future Energy Company for acquiring equity stake in Hero Future Energies Global Ltd. Besides, the transaction involves acquisition of non-voting compulsorily convertible...

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India has committed $90 bn renewable energy investment so far: UNEP

By : Sustainability ..., Sep 24, 2019

India has so far committed a mammoth $90 billion investment in the renewable energy sector and is fast emerging as a leading investor for green energy projects, according to United Nations Environment Programme (UNEP). "India is an increasingly important investor in...

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Malaysia’s Tenaga plans to set up a green energy platform in India

By : Sustainability ..., Jul 11, 2019

Malaysian government-owned Tenaga Nasional Berhad is exploring the option of setting up a renewable energy platform in India, a person aware of the development said, underlining India’s image as...

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Asian renewable investment to overtake upstream oil and gas spending in 2020

By : Sustainability ..., May 27, 2019

Renewable energy investment in the Asia-Pacific region will overtake spending on oil and gas exploration by 2020, consultancy Rystad Energy said on Monday. Total capital expenditure in...

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RE-Invest becomes Sun-World as it moves out of India

By : Sustainability ..., Apr 18, 2019

International Solar Alliance (ISA), the global grouping of sunshine-rich countries led by India, is planning to launch global editions of its flagship industry event Re-Invest in response to the...

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