In Short : Rural Electrification Corporation Limited (REC) aims to raise approximately Rs 3,500 crore through yen-denominated green bonds. This initiative reflects REC’s commitment to financing environmentally sustainable projects and contributing to the green bond market. In Detail : The bonds will issued as part of REC’s $10-billion global medium-term note programme, the company said […]
Shell Energy India to invest Rs 3,500 crore to set up renewable energy facility in Gujarat – EQ Mag
Ahmedabad : Shell Energy India on Wednesday said it will invest Rs 3,500 crore in Gujarat to set up a renewable energy facility, charging stations for electric vehicles, and an LNG regasification terminal, which would create nearly 4,300 jobs. A memorandum of understanding (MoU) in this regard was signed between the Gujarat government and Shell […]
Mahindra’s renewables biz set to launch Rs 3,500-crore InvIT – EQ Mag
Mahindra Susten, the renewables energy platform of the Mahindra Group, has started the process to launch an infrastructure investment trust (InvIT). Kotak Mahindra, Axis and Avendus Capital have been mandated to run the process, said people in the know. Mahindra Susten’s businesses comprise the group’s renewable engineering, procurement and construction (EPC) unit (with more than […]