APT Translations

This agreement is for the state’s renewable energy capacity over next three years

The company has accepted bids worth 8.09 billion rupees ($97.37 million) on the bond issue for which it had invited bids earlier in the day. In December, IREDA raised 10 billion rupees via 10-year bonds at a 7.68% coupon.

The project will be set up by investment fund Copenhagen Infrastructure Partners (CIP) for Viviid Renewables (Viviid) in the southern state under a partnership, Envision Energy said.

Eight months prior to maturity, the outstanding notes fully secured with cash balance in Senior Debt Redemption Account of Holdco Notes

The loan is earmarked for the company's ambitious Round-The-Clock renewable energy project, marking a pioneering step in the Indian corporate offtake market.

On January 9, at around 9.30 am, Prime Minister Modi will arrive at Mahatma Mandir in Gandhinagar, where he will hold bilateral meetings with world leaders, followed by a meeting with CEOs of top global corporations.

Releasing the report ahead of its Annual Meeting in Davos from January 15-19, the World Economic Forum (WEF) said the right policy frameworks would unlock growth and productivity, save companies cash, deliver competitive advantage and reduce emissions.

While an elaborate network of government restrictions are being erected around clean technology, fossil fuels remain largely exempt.

The report indicates a continued upward trajectory in China's refined copper consumption, with domestic production also set to climb.

Tata Electronics, a part of the Indian conglomerate, committed to invest 120.8 billion rupees for mobile phone assembly operations, the state government said during the signing of the agreements.