Trade bodies have sharply criticized the Karnataka Electricity Regulatory Commission’s (KERC) decision to revise electricity tariffs for the financial year (FY) 2025-26,...

Mahindra Susten, the clean-tech platform of the Mahindra Group, has achieved financial closure for NHPC’s 300 MW renewable energy project in Rajasthan. The project,...

Hyderabad-based Bondada Engineering has received approval for credit facilities of ₹5 billion (~$55.01 million) from Canara Bank to fund the debt portion of its  200...

The World Bank Group’s Multilateral Investment Guarantee Agency (MIGA) has issued a $197.67 million five-year guarantee to Citibank N.A. for its non-shareholder loan to...

The Union Cabinet has approved equity support of ₹50 billion (~$545.72 million) to the Small Industries Development Bank of India (SIDBI). SIDBI offers loans to micro,...

Engie Energy India, NLC India Renewables, RPIL Power Three (Rays Power Infra), and Oriana Power won Solar Energy Corporation of India’s (SECI) Tranche XXI auction to set...

India’s clean energy transition is gaining momentum, driven by growing policy support and rising pressure on commercial and industrial (C&I) consumers to reduce...

Solar solutions provider Apraava Energy has secured ₹8.01 billion (~₹92 million) from impact investor British International Investment (BII) and Standard Chartered to...

Lending institutions are reporting a sharp rise in demand for clean-energy financing from India’s commercial and industrial (C&I) sector, as companies ramp up...

NTPC Green Energy (NGEL), a wholly owned subsidiary of NTPC, has issued unsecured non-convertible debentures of ₹15 billion (~$169.47 million) through private placement...

Spain’s EPE Institute for Energy Diversification and Saving (IDAE) has approved the expansion of the budget allocation for non-repayable grants to support 2,416.54 MW of...

Eleven companies won Solar Energy Corporation of India’s (SECI) Tranche XX auction to set up 2,000 MW interstate transmission system (ISTS)-connected solar projects,...

Power Grid Corporation of India (POWERGRID) received a letter of intent from REC Power Development and Consultancy (RECPDCL) to establish a 765 kV interstate...

Commercial and industrial (C&I) solar continues to be one of the fastest-growing segments in India’s renewable energy market. With increasing pressure on businesses...

Surat-based renewable energy solutions provider KPI Green Energy has secured approval from State Bank of India for a ₹32 billion (~$360.77 million) loan for its solar...