British International Investment (BII), the UK’s development finance institution and impact investor, along with FMO, the Dutch entrepreneurial development bank, have revealed a shared commitment of $50 million in loans to BECIS for assisting renewable sector in India and Southeast Asia’s commercial and industrial sector.The collaborative funding will support...
India: Honeywell Hometown Solutions India Foundation (HHSIF) in partnership with Foundation for Science, Innovation and Development (FSID), Indian Institute of Science (IISc), renowned for its cutting-edge deep sciences research, has extended research and financial support to 37 Indian start-ups, extending capital worth INR 9 crores over the last four years. With...
Indian Renewable Energy Development Agency Ltd. (IREDA) has opened an office in GIFT City, Gandhinagar, which will specialize in providing debt options denominated in foreign currencies. This will facilitate natural hedging and significantly reduce the financing costs for Green Hydrogen and Renewable Energy Manufacturing projects. The strategic initiative which would...
Results for NTPC Limited’s auction to develop 1,000 MW of inter-state transmission system connected wind-solar hybrid power projects, tranche V, have been announced. The tender for the project was issued in February 2024. The projects will be located anywhere in India. Sprng Energy and AmpIn Energy Transition, and Juniper...
Jindal Stainless, the largest stainless steel manufacturer in India, has formally pledged its commitment to the near-term science-based emissions reduction goals and net zero targets set by the Science-Based Targets initiative. The formulation of these objectives will involve a thorough evaluation of the company’s greenhouse gas emissions inventory throughout...
Gensol Engineering Limited has received significant order book worth Rs 17.83 billion.Gensol’s diverse order book showcases its involvement in multiple sectors, each contributing significantly to its overall portfolio. These include solar engineering, procurement, and construction business, and electronic vehicle leasing business contributing Rs 14.48 billion and Rs 3.35 billion,...
PetroGreen Energy Corporation (PGEC) has signed a PHP834 million loan agreement with Rizal Commercial Banking Corporation to fund one of its solar projects in Bohol, Philippines. The loan will facilitate the construction of the Dagohoy Solar Power Project (DSPP) in Dagohoy, which is scheduled for completion by Q4 2024.PGEC...
The center is spread across 25,000 sq feetTotal Assets Under Management – 10.25 Lakhs Sq feetPan India presence with 27 Centers across 10 cities in IndiaTo add more assets across India with more than 2 Million Sq Feet areaAhmedabad : DevX announced the launch of it’s new Coworking Space in...