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State discoms’ large dues spark NPA fears in renewable energyBy : Sustainability ..., Feb 17, 2020
Renewable energy projects, which have cornered the bulk of private funding in the power sector over the last six years, could be facing a fresh wave of non-performing assets (NPAs). There is renewed nervousness among banks that lending to renewable power utilities over the... Read more.. |
SBI Chairman identifies solar, city gas, oil as bright spots for fundingBy : Sustainability ..., Dec 23, 2019
SBI Chairman Rajnish Kumar on Saturday stressed that there is an adequate availability of funds with the banking system but he does not find enough projects where investment is being sought. "Our first indication is that we are the largest financier of projects, we have a... Read more.. |
MNRE misses capacity addition targets; 175 GW by 2022 in peril: Parliamentary PanelBy : Sustainability ..., Dec 9, 2019
The renewable energy ministry has continuously failed to achieve its yearly targets of clean energy capacity addition, which may hamper the mission of having 175 GW of renewables by 2022, said a Parliamentary panel. The Parliamentary Standing Committee on Energy has also... Read more.. Subject Tags: GST , Ministry of New and Renewable Energy (MNRE) , National Solar Mission , NPA , renewable energy targets |
IREDA feels the pinch of RBI tightening NPA provisioning normsBy : Sustainability ..., Nov 22, 2018
The Indian Renewable Energy Development Agency (IREDA) expects worsening of its asset quality with the Reserve Bank of India’s recent move to level the playing field on NPA recognition between... Read more.. |
Government may ask RBI to classify renewable energy projects under priority sector lendingBy : Sustainability ..., Sep 21, 2018
The Ministry of New and Renewable Energy (MNRE) is expected to write to RBI, seeking to bring renewable energy projects under priority sector lending, senior officials said. ... Read more.. |