Sembcorp's renewable energy business Sembcorp Green Infra has been awarded a 250 MW project in India’s second nationwide wind power tender.
Energy Finance & Investment News in India
Lightsource Renewable Energy and UK Climate Investments, part of the Green Investment Group within Macquarie Infrastructure and Real Assets, have entered into a partnership platform to fund the development, acquisition and ownership of large scale solar power generation assets in India.
Global Infrastructure Partners (GIP), an independent global infrastructure investor, has announced that its fund, Global Infrastructure Partners III - in conjunction with the Public Sector Pension Investment Board (PSP Investments), one of Canada’s largest pension investment managers, CIC Capital Corporation and a group of its other Limited Partner Co-Investors - has agreed to acquire 100 percent of the equity interests in the wind and solar renewable energy portfolio of Equis Funds Group for US$5.0 billion (including assumed liabilities of US$1.3billion).
Indias's government has announced plans to tender 4.5 GW of wind projects in the next four months, which will be aimed to leverage wind power capacity in the country.
The Solar Energy Corporation of India (SECI) has tendered a 2X100 MW (AC) Solar PV Power Plant for Coal India Limited (CIL) including 10 Years Plant O&M at Neemuch-Mandsaur Solar Park, in Madhya Pradesh, India.
The European Investment Bank (EIB) has agreed a new partnership with the International Solar Alliance (ISA) to mobilise finance to develop and deploy affordable solar energy in solar rich countries.
The wind tariff in India has touched lowest level of INR2.64(0.0404US$) per kWh in the second wind auction conducted by the Solar Energy Corporation of India (SECI) on behalf of Ministry of New & Renewable Energy, Government of India yesterday.
The Abraaj Group, a leading investor operating in growth markets, and ENGIE, a leading multinational utility company and the largest global independent power producer, have announced a partnership to build a wind platform in India.
The International Finance Corporation IFC is mullling to provide a US$150-million financing package for the development of a 250 MW solar power plant in Madhya Pradesh.
Sembcorp Utilities has entered into an agreement to acquire IDFC Private Equity Fund III (IDFC)’s remaining stake in Sembcorp Green Infra (SGI), for INR14 billion (US$218 million). With this, Sembcorp will become the sole owner of SGI.
IBC SOLAR AG has signed a Power Purchase Agreement (PPA) for a 20 MW AC solar plant with the Solar Energy Corporation of India (SECI).
India's National Thermal Power Corporation (NTPC) has launched a tender seeking interested developers for a 250 -MW Grid-connected Solar PV Power plant under DCR Category.
Solar Energy Corporation of India (SECI) has received bids as low as INR 2.20 (US$ 0.034) per kWh in a 500-MW rooftop solar tender for government buildings in India.
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.
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.
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).
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.
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.