GE Energy Financial Services has announced its fourth investment in India. The new investment, like the ones before it, will be made in a renewable energy project. Guayama P.R. Holdings, an investment vehicle of GE Energy Financial Services, will invest $31 million in a wind energy project located in the … [continued]
India’s largest power generation company, publicly-owned NTPC Limited, has finally issued a green bond months after the government directed several companies to raise funds to finance renewable energy projects. NTPC Limited recently reported to the Indian bourses that it raised Rs 2,000 crore (US$300 million) through Green Masala bonds now … [continued]
The Indian government, through its enterprises, is planning to raise funds by issuing tax-free bonds for renewable energy projects. At least 3 government-owned organisations — Power Finance Corporation (PFC), Rural Electrification Corporation (REC), and Indian Renewable Energy Development Agency (IREDA) — will raise more than $600 million through tax-free bonds. The … [continued]
Yet another green bond issue is in the offing from an Indian entity. NTPC Limited (formerly National Thermal Power Corporation) is planning to raise $500 million through a green bond issue. The company will also raised an additional $500 million through conventional rupee-denominated bonds. The funds raised through these bond … [continued]
