HSBC India looking to Issue Green Bonds

The Indian subsidiary of international banking giant HSBC is planning to issue its first green bond issue in the country this year. HSBC India Chairman Naina Lal Kidwai recently announced that the bank will launch green bonds to raise funds … Continue reading

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Yes Bank Raises Rs 315 Crore from IFC through Green Infrastructure Bonds

YES BANK, India’s 5th largest Private Sector Bank has raised INR 315 Crore through the issue of Green Infrastructure Bonds to International Finance Corporation, Washington, member of World Bank Group on a private placement basis. This is the first investment … Continue reading

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Japan’s Foreign Aid Arm Plans to Fund Solar Parks in India

Japan’s foreign aid arm Japan International Cooperation Agency (JICA) plans to fund solar power parks in the country, giving a fillip to India’s green energy plan. Initially, JICA may invest $500 million in the proposed solar parks. Other institutions such … Continue reading

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Japan’s SoftBank to Invest about $20 Billion in Solar Projects in India

Japan’s SoftBank Corp, together with Bharti Enterprises and Taiwan’s Foxconn, will invest about $20 billion in solar projects in India, in one of the biggest investment pledges to date in the country’s renewable energy sector. This news came after 2 … Continue reading

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100GW by 2022- Approved by Indian Cabinet, PSBs Commit Rs. 60,000 crore

Yesterday, Prime Minister Narendra Modi and the Indian Cabinet approved increasing the country’s solar target five times to a goal of reaching 100 GW, up from 20 GW, by 2022. The new solar capacity will be nearly split between residential and … Continue reading

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Adani Group Investing Heavily in Indian Solar Sector

Adani Group is planning to build India’s largest solar power facility of 10,000 MW capacity in Rajasthan. The memorandum of understanding (MoU) for this project was signed with Government of Rajasthan earlier in the year. Read more about that here. “The joint … Continue reading

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Italy’s Enel Green May Invest around Rs 900 Crore in BLP in Next 2-3 years

Italian renewable energy multinational Enel Green Power is in advance negotiations with BLP to make a significant investment for a controlling stake in the company. Enel Green, a subsidiary of Italy’s biggest power company Enel Power may invest around Rs … Continue reading

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Azure Power Applies for Listing on NASDAQ

Azure Power has applied for listing on the Nasdaq stock exchange in the US. According to sources, the company had applied in March to the Securities and Exchange Commission for a proposed Initial Public Offer of equity shares. Azure Inc … Continue reading

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IFC to focus on Renewable Energy in the Indian Power Sector

The International Finance Corporation (IFC), part of the World Bank Group, is refocusing its power sector investment strategy and would soon invest in renewable and hydropower projects in India. It has made equity and debt investment in wind and solar segments … Continue reading

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SunEdison Plans to Invest $15 Billion in India

SunEdison plans to invest USD $15 billion in India by 2022, a top executive said. “We believe much of the growth in renewable energy in the next 15 years will be from emerging markets, and much of it will be from India … Continue reading

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