Back to homepage

Energy Finance & Investment News in India

IPPToday #23: 500-MW Indian solar auction draws lowest price of INR 2.20

IPPToday #23: 500-MW Indian solar auction draws lowest price of INR 2.20

🕔Jul 25, 2017

Solar Energy Corporation of India (SECI) has received bids as low as INR 2.20 (US$ 0.034) per kWh in a 500-MW rooftop solar tender for government buildings in India.

Read Full Article
IFC provides US$103 M financing for solar projects in India

IFC provides US$103 M financing for solar projects in India

🕔Jul 21, 2017

 IFC, a member of the World Bank Group, has invested INR 6.67 billion (US$103 million) in L&T Infrastructure Finance Company Ltd. by subscribing to the first official Green Bonds in India.

Read Full Article
IPPToday #19: EIB backs EUR 4.3bn of energy investments

IPPToday #19: EIB backs EUR 4.3bn of energy investments

🕔Jul 19, 2017

The European Investment Bank (EIB) board has approved €4.3 billion (~US$5 billlion) in financing for the development of energy projects, including renewables, in Europe and India.

Read Full Article
IPPToday #8: TEDA issues RfP for 500-MW solar park in Tamil Nadu

IPPToday #8: TEDA issues RfP for 500-MW solar park in Tamil Nadu

🕔Jul 3, 2017

The Tamil Nadu Energy Development Agency (TEDA) has issued a request for proposal (RFP) for the development of a 500 MW solar park in the state through solar power park developers (SSPDs).

Read Full Article
IPPToday #6: Indian state of Maharashtra to tender 2 GW of solar projects

IPPToday #6: Indian state of Maharashtra to tender 2 GW of solar projects

🕔Jun 29, 2017

The Maharashtra State Power Generation Company (MAHAGENCO) has launched the expression of interest (EoI) for the development of of up to 2 GW of new solar power capacity across Maharashtra.

Read Full Article
IPPToday #5: New tender in India for 750 MW solar parks in Rajasthan

IPPToday #5: New tender in India for 750 MW solar parks in Rajasthan

🕔Jun 28, 2017

Solar Energy Corporation of India (SECI) has launched another solar tender for the 750-MW Grid Connected Solar Photo Voltaic Power Projects in the state of Rajasthan.

Read Full Article
IPPToday #1: Tamil Nadu solar auction attracts 3.7 GW of bids

IPPToday #1: Tamil Nadu solar auction attracts 3.7 GW of bids

🕔Jun 20, 2017

A tender by Tamil Nadu Generation and Distribution Corporation (TANGEDCO) to procure 1500 MW of solar power has been oversubscribed, with 3,780 MW of bids.

Read Full Article
India approves another wind tender of 1000 MW

India approves another wind tender of 1000 MW

🕔Jun 14, 2017

The Solar Energy Corporation of India (SECI), a company of the Ministry of New and Renewable Energy (MNRE), has launched a tender process for 1,000 MW of Interstate Transmission System (ISTS)-connected wind power projects under Tranche-II.

Read Full Article
India seeks partner for solar farms

India seeks partner for solar farms

🕔Jun 5, 2017

The state-owned Indian hydro-power producer SJVN Limited, a joint venture of the Government of India (GOI) and the Government of Himachal Pradesh (GOHP), has launched an Expression of Interest (EOI) to select potential partners for the development of several PV projects across India.

Read Full Article
ADB issues green bond to support renewable energy in India

ADB issues green bond to support renewable energy in India

🕔May 18, 2017

The Asian Development Bank (ADB) has raised INR3 billion (US$47 million), from a new issue of offshore Indian Rupee-linked bonds to help finance climate change mitigation and adaptation projects in India.

Read Full Article
Solarpack raises US$104 million in financing for projects in Chile and India

Solarpack raises US$104 million in financing for projects in Chile and India

🕔May 17, 2017

Solarpack has raised a total of USD$104 million for nine PV plants in Chile and India.

Read Full Article
Macquarie Group to buy 330 MW of solar power plants in India

Macquarie Group to buy 330 MW of solar power plants in India

🕔May 3, 2017

Hindustan Powerprojects Pvt Ltd has come to an agreement to sell 330 MW of its solar power plants in India to Macquarie Asia Infrastructure Fund.

Read Full Article
PPAs signed for 750-MW Rewa solar project in India

PPAs signed for 750-MW Rewa solar project in India

🕔Apr 21, 2017

India’s State Government of Madhya Pradesh signed project agreements with solar power companies making Rewa Ultra Mega Solar Park a reality and helping India get closer to its 100 GW solar energy goal by 2022.

Read Full Article
Winners announced for India’s first wind tender

Winners announced for India’s first wind tender

🕔Apr 20, 2017

Solar Energy Corp of India Ltd (SECI) has officially announced the winners of India's first wind tender involving 1-GW of capacity's auction.

Read Full Article
Sembcorp wins contract for a wind power project in India

Sembcorp wins contract for a wind power project in India

🕔Apr 12, 2017

Sembcorp’s renewable energy business in India has won a bid for a new wind power project with close to 250 MW in capacity.

Read Full Article
World Bank Board Approves US$100 million for Large-Scale Solar Parks in India

World Bank Board Approves US$100 million for Large-Scale Solar Parks in India

🕔Apr 10, 2017

The World Bank Board has approved US$100 million to help India increase its power generation capacity through cleaner, renewable energy sources.

Read Full Article
Siemens and Sumitomo Electric win order for transmission project in India

Siemens and Sumitomo Electric win order for transmission project in India

🕔Mar 29, 2017

A consortium between Siemens and Sumitomo Electric Industries Ltd. has been awarded an HVDC order from Indian transmission operator Power Grid Corporation of India to supply a high-voltage direct current (HVDC) transmission system.

Read Full Article
Power Finance provides loan for West Bengal`s first super critical project

Power Finance provides loan for West Bengal`s first super critical project

🕔Mar 10, 2017

State-run Power Finance Corp has announced that it has sanctioned financial assistance of INR27.04 billion (US$405 million) for West Bengal`s first super critical thermal power project located in Murshidabad district.

Read Full Article
Gamesa to build 50-MW wind park in India

Gamesa to build 50-MW wind park in India

🕔Mar 9, 2017

India’s Infrastructure Leasing & Financial Services Limited (IL&FS) has announced it has contractect the Spanish company Gamesa to build a 50 MW wind farm in  in the state of Madhya Pradesh.

Read Full Article
Inox Group to sell 260 MW wind portfolio in India

Inox Group to sell 260 MW wind portfolio in India

🕔Mar 9, 2017

Renewable energy firm Inox Renewables Ltd has announced it has agreed to sell its operating wind power farms to wind power company Leap Green Energy Pvt, majority-owned by JPMorgan Chase & Co.

Read Full Article