Singapore-headquartered Sembcorp Industries has reported significant progress in its renewable energy business in India, including new projects and equity infusion.
Siemens Gamesa continues to win fresh orders under the auction regime of the Indian wind energy sector. The latest order is among the company’s largest to-date after the introduction of competitive wind energy auctions in India.
Bond payment defaults and renegotiations of wind and solar power projects are proving to be a challenge in India. Even as the Indian renewable energy sector struggles with these stressful developments, a number of large and ‘well-backed’ companies are receiving additional funds for further expansion of operations. Greenko Energy Holdings … [continued]
