Some of the leading global pension funds are vying for a stake in the latest renewable energy yieldco offering in India. According to media reports, Canadian pension fund British Columbia Investments (BCI) and Dutch pension fund APG Asset Management are among several investors looking to acquire a stake in Mahindra … [continued]
Promises of India’s Draft Ancillary Services Regulations
Amidst rising competition and falling tariff bids for solar and wind energy projects, India’s leading renewable energy project developer is looking to foray into the transmission business.
India will receive help from one of the leading renewable energy generators in the world for integration of the large number of renewable energy projects the former expects to install over the coming years.
India’s state-owned power transmission infrastructure developer has signed an agreement for $500 million in debt financing to set up dedicated transmission lines for renewable energy projects.
India’s Green Energy Corridors project has received a major funding boost with the Asian Development Bank providing $1 billion loan. The Asian Development Bank (ADB) announced that it will provide $500 million in government-backed loan and an additional $500 million in non-sovereign loan, which will be provided to Power Grid … [continued]
Germany and India have strengthened their cooperation in the renewable energy sector following German Chancellor Angela Merkel’s recent visit to India. Germany announced that it would offer India financial assistance of €1 billion for the implement of the ambitious green energy corridors project — a network of transmissions lines dedicated to carrying … [continued]
India is progressing well along its ambitious renewable energy transmission network program. Power Grid Corporation of India has operationalised the second phase of the green corridor program, and has allocated a transmission project in Andhra Pradesh, while completing the tendering process for projects in Madhya Pradesh and Karnataka. All these … [continued]
A cabinet meeting chaired by the Chief Minister of India’s Madhya Pradesh, Mr Shivraj Singh, has approved the proposal for commissioning the world’s largest solar power plant in the Rewa District. As per projects announced until now, once commissioned the proposed Solar Park would be the world’s largest solar PV power plant, with a … [continued]
A 4000 MW solar power project planned for eastern Rajasthan, India, could be scrapped because the wrong political party first came up with the project.
