Cement Companies Plan to Invest INR 5,500 Cr in Green Power Projects in Two Years

The report estimates that green power will constitute 40-42 percent of the overall power mix for cement companies by March 2025, up from around 35 percent in...

Investment & Trading | September 19, 2023 | By EI News Network |  1962 readings

REC Approves INR 6,075 Cr Loan to Greenko, INR 3,081 Cr Debt to Serentica Renewables

REC Limited, a prominent Maharatna firm in India, has recently taken significant steps to bolster the renewable energy sector and green finance initiatives....

Investment & Trading | September 18, 2023 | By EI News Network |  1952 readings

Oil India Aims to Invest INR 25,000 Crore to Attain Net-Zero by 2040, Says CMD Ranjit Rath

Dr. Ranjit Rath stated that OIL has committed to investing in green hydrogen, the construction of 2G ethanol plants, compressed biogas plants, and the utilization...

Investment & Trading | September 15, 2023 | By EI News Network |  2416 readings

AT Capital Group and Vitol Invest USD 350 Million in Juniper Green Energy

This joint commitment reflects the collaborative spirit of the partnership, with both AT Capital Group and Vitol recognizing the transformative impact of Juniper...

Investment & Trading | September 13, 2023 | By News Bureau |  2550 readings

DFC Approves USD 425 Mn for Tata Power’s Greenfield 4.3 GW Solar cell Manufacturing Facility in Tamil Nadu

The U.S. International Development Finance Corporation’s (DFC) Board of Directors approved the provision of up to USD 425 million in financing in TP Solar...

Investment & Trading | September 11, 2023 | By News Bureau |  2239 readings

REC Limited Organises 54th AGM and Commits to Raise Green Loan By 2030

The CMD informed that they’ve sanctioned more than INR 85,700 crore during the first year itself.

Investment & Trading | September 07, 2023 | By EI News Network |  2298 readings

Cabinet Approves Viability Gap Funding for Development of 4000 MWh BESS Projects

The VGF for the development of the BESS Scheme, with an initial outlay of INR 9,400 crore, comprising assistance of INR 3,760 crore, highlights the government's...

Investment & Trading | September 06, 2023 | By EI News Network |  2342 readings

Hero MotoCorp Plans to Outlay INR 550 Crore in Ather Energy

Hero Motorcorp first invested in the EV startup in 2016 and presently owns a 33.1 percent stake in it. Its shareholding will further rise following the rights...

Investment & Trading | September 05, 2023 | By EI News Network |  2316 readings

EBRD Supports Kazakhstan to Add 100 MW of RE Capacity

The Bank’s first wind project implemented under Kazakhstan’s renewables auction scheme and the latest project under the EBRD’s Kazakhstan...

Investment & Trading | September 02, 2023 | By EI News Network |  2043 readings

ONGC Plans to Outlay INR 2 lakh Crore in Various Green Initiatives by 2030, Says Chairman

The state-run ONGC has set goals to attain net-zero emissions for Scope-1 and Scope-2 by 2038.

Investment & Trading | August 30, 2023 | By EI News Network |  2295 readings