IREDA logs highest-ever loan sanctions, disbursements in FY23-24
According to the statement, this has led to a significant growth of 26.71 per cent in the loan book, which now stands at Rs 59,650 crore compared to Rs 47,076 crore a year ago.
India added 21 GW solar module, 3 GW cell manufacturing capacity in 2023: Mercom
"About 60 per cent of the installed module manufacturing capacity was equipped to manufacture solar modules in M10 and G12 wafer sizes," the report said.
China could drive Africa's renewable energy revolution, report says
Beijing has emerged as the continent's biggest bilateral trading partner since the start of the century and has financed billions of dollars worth of large-scale infrastructure projects.
EDF plans partial sale of India clean energy assets
EDF plans to divest clean energy assets in India to reduce $50B debt. Rothschild manages sales to investors like KKR, Actis. EDF's global renewables growth and NPCIL partnership aim for debt reduction.
Engie plans Rs 7,000-crore investment in additional solar capacity addition by 2025
"We're looking at about €800 million, roughly around ₹7,000 crores of investment in the next 5 projects that we've secured across two states – Rajasthan and Gujarat. The capex will be spent on these projects by 2025," Jain stated.
Rays Power Infra announces completion of its pre-IPO investment
The company is aiming to achieve an extraordinary two-fold increase in revenue in the financial year 2024-25 backed by a confirmed order book of Rs 2,300 crore as on February end
TP Saurya commissions 200-MW solar project in Rajasthan
Project to be integrated into the Central Transmission Utility Bus to ensure the distribution of clean energy across the region
Waaree Energies secures 220 MW solar module supply order from Sprng Energy
"This collaboration stands as an opportunity for Waaree to take on a crucial role in advancing India's green energy sector, aligning with our dedication to national sustainability objectives," Hitesh Chimanlal Doshi, Chairman & Managing Director of Waaree Group, said.
Brazil's ambassador to India calls on Punjab Governor Banwarilal Purohit
The governor referred to the "significant transformation" in the economic landscape of India over the past decade, emphasising its emergence as an "investor-friendly destination".
Govt garners Rs 16,507 crore via public sector enterprises disinvestment in FY'24
During the 2023-24 fiscal, which ended March 31, the government sold stakes in 10 central public sector enterprises (CPSEs) through offer for sale (OFS).