With significant growth in India’s renewable energy sector in recent years, the renewable financing landscape too has seen a gradual transformation. Back in 2010-11, there was considerable scepticism regarding renewables. As project technologies were new, […]
NTPC lists its masala bonds on the LSE (India) NTPC Limited has listed its masala bonds on the London Stock Exchange (LSE). Under the $4 billion medium term note (MTN) programme, NTPC raised Rs 20 […]
PFC sanctions Rs 91.28 billion loan to Tamil Nadu utilities The Power Finance Corporation (PFC) has sanctioned a loan of Rs 91.28 billion to provide financial assistance to power utilities in Tamil Nadu. The company […]
Lack of access to finance has been a long-standing hurdle in the path of renewable energy growth. Where capital has been available, the terms have often been unfavourable for long-term sustainability. However, with a growing […]
A serious cause of concern for the power sector is stressed assets and bad loans. According to estimates, about 50 GW of the operational coal-based capacity in the private sector is stressed. The scenario for […]
PFC extends a loan of Rs 30 billion to MSEDCL (India) The Power Finance Corporation (PFC) has signed a Rs 30 billion loan agreement with Maharashtra State Electricity Distribution Company Limited (MSEDCL). The loan will […]
A proper risk management system is critical for the successful execution of any project, but it assumes greater significance in the case of hydro-electric projects (HEPs), owing to the uncertainties involved in their implementation. HEPs […]
A proper risk management system is critical for the successful execution of any project, but it assumes greater significance in the case of hydro-electric projects (HEPs), owing to the uncertainties involved in their implementation. HEPs […]
NTPC raises Euro 500 million via Euro-denominated bonds (India) NTPC Limited has raised Euro 500 million through the sale of euro-denominated bonds in the overseas market. The bonds have a 10-year maturity and carry a […]
SPTL achieves financial closure for Haryana transmission project (India) Sterlite Power Transmission Limited (SPTL) has achieved financial closure for its transmission project in Haryana. The financial closure was achieved by Yes Bank Limited by underwriting […]
The power sector has witnessed a number of mergers and acquisitions during the past year. Among these is India Power Corporation Limited’s (IPCL) acquisition of a majority stake in Meenakshi Energy Private Limited from French […]
NTPC raises Rs 20 billion via green masala bonds (India) NTPC Limited has raised Rs 20 billion through the issue of rupee-denominated green masala bonds in the overseas market. The bonds carry a coupon rate […]
The power sector has witnessed a surge in mergers and acquisitions over the past year. Power major, JSW Energy has been a prominent deal maker undertaking three acquisitions during that period. The company targets 10,000 […]
JSW Energy to acquire JPVL’s 500 MW Bina TPP (India) JSW Energy Limited has executed definitive agreements with Jaiprakash Power Ventures Limited (JPVL) for the acquisition of its 500 MW Bina thermal power plant (TPP) […]
Challenging market conditions, price pressures, a move towards tender-based support mechanisms and competition from Chinese original equipment manufacturers (OEMs) have kicked off consolidation in the wind OEM space. The past one year has witnessed several […]
Powergrid approves investment of Rs 3.65 billion for NERSSS IV (India) The board of Power Grid Corporation of India Limited (Powergrid) has approved an investment of Rs 3.65 billion for the North Eastern Region System […]
Amid the uncertainty over land acquisition, fuel availability, regulatory delays and deteriorating finances, companies in the power sector are increasingly exploring opportunities for the acquisition of stressed assets. The past 12-18 months have seen increased […]
Powergrid approves investment worth Rs 191.85 billion across four transmission projects (India) Power Grid Corporation of India Limited (Powergrid) has approved an investment of Rs 191.85 billion for implementing four transmission projects. Of this, Rs […]
Confirming the rumours surrounding the company for almost a year, SunEdison filed for Chapter 11 bankruptcy protection on April 21, 2016, thus commencing the process to restructure the company. This step was taken in light […]
Powergrid accords investment approval for eight transmission projects (India) Powergrid’s board has accorded investment approval for the implementation of eight transmission projects. The approved projects are the Rs 8.44 billion Common Transmission System for Phase […]
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