Financial Briefs
India and overseas
NTPC to raise Rs 50 billion via stake sale in NGEL NTPC Limited is planning to raise […]
Finance
Financial Briefs
Stressed Asset Deal
Vedanta acquires Athena Chhattisgarh Power
In a key recent development in the stressed asset space, mining major Vedanta Limited has acquired Athena […]
Global new investment in renewables reached USD366 billion in 2021: REN21
This is an extract on global renewable energy financing trends from REN21’s recently released “The Renewables 2022 […]
Clean Financing
Need to streamline funds for solar power projects
India is seeing an increased uptick in solar power installations. As of May 2022, its solar power […]
Financial Briefs
India and overseas
TotalEnergies to acquire 25 per cent minority stake in Adani New Industries TotalEnergies will acquire a 25 […]
Green Funding
BlackRock, Mubadala to invest in Tata Power Renewables
Tata Power has signed a binding agreement with a consortium comprising BlackRock Real Assets and Mubadala Investment […]
Financial Briefs
India and overseas
MoP directs PFC, REC to arrange short-term loans for imported coal-based plants under stress The Ministry of […]
Financial Constraints
Standing Committee on Energy report on funding concerns for the renewables sector
The Standing Committee on Energy (2021-2022) has released its 21st report, titled “Financial Constraints in Renewable Energy […]
Financial Briefs
India and overseas
BlackRock Real Assets-led consortium to invest Rs 40 billion in Tata Power Renewable Energy (India) Tata Power […]
Debt for Development
Financing scenario for renewables in India
Over the past decade, renewable energy development has gained rapid momentum across the world. Drivers for this […]
Moving Apace
Update on SJVN’s Arun-3 HEP
SJVN Limited has embarked on a path of accelerated generation capacity addition, which comes with significant funding […]
Financial Briefs
India and overseas
PGInvIT board approves investment worth Rs 6.44 billion in acquisitions (India) Powergrid Infrastructure Investment Trust (PGInvIT) will […]
Green Bonds
Increasing interest in environment-friendly financing
With climate change and environment, social and governance (ESG) themes dominating the investor landscape, the interest in […]
Financial Briefs
India and overseas
SJVN subsidiary signs Rs 63.33 billion loan agreement SJVN Arun-3 Power Development Company, a subsidiary of SJVN […]
Financing Round-up
Major debt and equity moves in 2021
The power sector, particularly generation and transmission, witnessed key financings in the year 2021. The financing deals […]
Financial Briefs
India and overseas
PFC and REC further reduce lending rates by 40 bps (India) The Power Finance Corporation (PFC) and […]
Expanding Horizons
Resurgent Power acquires NRSS XXXVI transmission project
Tata Power, through Resurgent Power Ventures Pte Limited, has expanded its transmission business by acquiring a 100 […]
Financial Briefs
India and overseas
Powergrid to transfer assets worth Rs 75 billion to PGInvIT in 2023 (India) Power Grid Corporation of […]
Finance Facility
ATL raises $700 million to fund its transmission portfolio
In one of Asia’s largest revolving project financing deals, Adani Transmission Limited (ATL) has recently raised $700 […]
Financial Briefs
India and overseas
Adani Transmission raises $700 million for under-construction assets Adani Transmission Limited has raised $700 million for its […]