The government also plans to dilute its equity in power equipment manufacturing entity to 26 per cent in phases under the plan unveiled in last years budget New Delhi: State-owned Bharat Heavy Electricals Ltd (BHEL) may sell four to five units of its non-core manufacturing business under government’s asset monetisation process during the ongoing financial […]
ADB Approves Green Financing, River Restoration Demonstration Project in Anhui, PRC
BEIJING, PEOPLE’S REPUBLIC OF CHINA: The Asian Development Bank (ADB) has approved a $100 million loan for a demonstration project that will help clean up the Xin’an River in Anhui Province in the People’s Republic of China (PRC). The project will also pilot an innovative financing mechanism to reduce rural pollution while supporting the development […]
‘Bimstec nations could tap India’s green energy transition’
With the Bimstec leaders gathered in the national capital for Prime Minister-elect Narendra Modi’s swearing in ceremony on Thursday, the member-nations could benefit from India’s rapid renewable energy capacity increase, say experts. The New Delhi-based organisation CarbonCopy said the annual electricity trade potential between South Asian and Southeast Asian countries could be from 65,000 MW […]
CleanFund Completes $103 Million Bond Deal for Renewables, Water
A California-based clean-energy financing company closed a $103 million bond offering backed by commercial loans supporting renewables, energy-efficiency and water and seismic-upgrade projects. CleanFund Commercial PACE Capital Inc.’s bond deal is one of the first to bundle C-PACE obligations — commercial property assessed clean-energy — according to a statement Tuesday. PACE uses property tax liens […]
