Powergrid approves investments of over Rs 40 billion (India) Power Grid Corporation of India Limited (Powergrid) has given approval for investments of Rs 40.71 billion for two projects. It has approved Rs 5.24 billion for […]
The Reserve Bank of India (RBI) has granted Indian Renewable Energy Development Agency (IREDA) the status of an Infrastructure Finance Company (IFC). The company was earlier classified as an Investment and Credit Company (ICC). With […]
India’s rapidly growing renewable energy sector is likely to gain from the availability of easier finance following the upgrade of the country’s sovereign rating by Moody’s. But the good news may be overshadowed by certain […]
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 […]
The Himalayan state of Sikkim witnessed the commissioning of the 1,200 MW Teesta Stage III (Teesta III) project, the state’s largest hydropower project, in the beginning of 2017. Located on the river Teesta, the project […]
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