EIB India Lending Seen Over One Billion Euros in Next Two Years

now viewing

EIB India Lending Seen Over One Billion Euros in Next Two Years

December 20, 2017 Anand Gupta

In the Matter of adoption of Tariff bidding procedure by MNRE, Govt. of India for procurement of 215 MW solar power - EQ

December 20, 2017 Anand Gupta

Order- Seeking for the Condonation of Delay of 273 days in filing the Appeal as against the Impugned Order by CERC

now playing

Petition for adoption of transmission charges System being established by Rajasthan IV C Power Transmission Limited - EQ

December 20, 2017 Anand Gupta

Promoting the Expansion of Photovoltaics by Cutting Production Times for High-Efficiency Solar Cells by Half

now playing

India May Replace Southeast Asian Nations As Leading Solar PV Exporter To US - EQ

December 20, 2017 Anand Gupta

NTPC Vidyut Vyapar Nigam Ltd. (NVVN) invites online bids from eligible bidders on Single Stage Two Envelope bidding basis for Operation of 100 Nos. of Electric Buses in the state of Goa.

now playing

NVVN awards contracts worth 66 MW to Kirloskar and Oriana - EQ

December 20, 2017 Anand Gupta

Adani Green Energy ranked first in Asia and among top 10 for renewable energy companies globally for ESG performance

now playing

Adani Green Energy to raise $2 bn via bonds, loans for renewable projects - EQ

December 20, 2017 Anand Gupta

Steel recycler beats wind firm to become world’s most sustainable company

now playing

MoHUA Signs Key MoU with UN-Habitat for Resilient Cities - EQ

December 20, 2017 Anand Gupta

Sustainability must be core of India Inc’s business strategy

now playing

Odisha Delegation Begins Singapore Visit With Promising Investment Talks - EQ

December 20, 2017 Anand Gupta

Details of major schemes launched by the Ministry of Power since 2014

now playing

Central Electricity Authority approves the Uniform Protection Protocol for users of the Indian Grid for implementation on Pan India basis - EQ

December 20, 2017 Anand Gupta

Ministry of Environment, Forest and Climate Change

now playing

CAQM invokes Stage-IV of the GRAP in the entire Delhi-NCR w.e.f. 08:00 AM of 18.11.2024 (tomorrow) in addition to all actions under Stage I, II and III to prevent further deterioration of air quality in the region - EQ

December 20, 2017 Anand Gupta

now playing

India expresses dissatisfaction on unwillingness by Developed countries to engage on Climate Finance and Mitigation Work Programme at CoP29 in Baku, Azerbaijan - EQ

December 20, 2017 Anand Gupta

The European Investment Bank, which has made a record lending in India in 2017, plans to fund over one billion euros to projects including renewable energy over the next two years.

“In the last five years alone, we have done 1.7 billion euros in financing, of which one billion euros of approvals was done this year alone,” Donal Cannon, Head of EIB in South Asia, said in an interview on Tuesday. “We hope to do something less than a billion euros each for the next two years,” he said.

The bank has a portfolio of nearly two billion euros in India with half of it in renewable projects and the rest in urban transport. EIB will be looking to invest in solar manufacturing, energy storage, electric vehicles, maritime transport and off-shore wind power.

EIB and Yes Bank Ltd. Tuesday announced a joint $400 million fund to provide 15-year debt to solar and wind projects.

While eligible solar projects have already been identified in states of Rajasthan, Telangana, Maharashtra and Karnataka, additional wind and solar projects are currently being examined.