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Govt plans to restrict coal supply to Andhra Pradesh

By : Sustainability ..., Jan 13, 2020

The Centre is considering restriction of coal supplies and all sanctioned loans and funding to Andhra Pradesh from central public sector units (PSUs) such as Power Finance Corp. Ltd (PFC) and REC Ltd, if the state government refuses to reconsider its decision to revise...

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Adani Green’s $362-Million Bonds Issue Gets Global Interest

By : Sustainability ..., Dec 17, 2019

Billionaire Gautam Adani's renewable energy firm Adani Green Energy Ltd.'s $362.5 million (about Rs 2,570 crore) bonds issue attracted interest of investors worldwide, the company said on Monday. This was the first ever deal from India to use an amortising project finance...

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Punjab govt in talks with Japan for launch of electric buses

By : Sustainability ..., Dec 3, 2019

The Punjab government on Monday said it is in talks with Japan to launch electric buses based on the Japanese model of state-of-the-art quick charge lithium ion batteries. The project will begin with a pilot of five buses in Chandigarh and Patiala. The government will take...

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India asks state-run firms to clear over $1 billion owed to green energy firms - sources

By : 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...

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In New York, PM Modi urges business leaders to invest in India

By : Sustainability ..., Sep 26, 2019

Prime Minister Narendra Modi on Wednesday pitched India as a key investment and trade destination to the global business community, highlighting the country’s economic and political strengths and pledging personal intervention to address any gaps. Delivering the keynote...

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Nepal seeks Indian investment in hydro power, roads & highways

By : Sustainability ..., Apr 1, 2019

 

Nepal has invited Indian investments in hydro power, roads and highways and the hotel industry to give a boost to economic ties between the two countries. ...

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