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State-run IREDA plans FPO in FY25 as loan demand for renewable projects rises

New Delhi, May 21 -- Indian Renewable Energy Development Agency (IREDA) is planning to launch a follow-on public offering (FPO) amid rising financing opportunities in the energy transition space and t... Read More


Govt seeks proposals for coal gasification under VGF scheme

New Delhi, May 21 -- The coal ministry on Tuesday sought proposals from public and private sector players among others for coal gasification projects under a Rs.8,500-crore viability gap funding schem... Read More


Coal stock 25% higher y-o-y at 147mt, says govt as power demand surges

New Delhi, May 20 -- New Delhi: The Union coal ministry on Monday said that coal stock in the country as of 15 May stood at 147 million tonnes (mt), about 25% higher on a year-on-year (y-o-y) basis. ... Read More


Indian Oil signs second long-term LNG deal with France's TotalEnergies

New Delhi, May 18 -- New Delhi: India is looking to fortify its imports of LNG, a crucial ingredient in industrial applications and partly in transportation, through long-term contracts with overseas ... Read More


IEX's FY24 net profit spikes 14.7% on higher trade volumes, policy boost

New Delhi, May 16 -- New Delhi: The Indian Energy Exchange reported a 14.7% increase in its consolidated net profit for 2023-24, helped by higher trade volumes and positive regulatory changes, includi... Read More


Enfinity Global enters into $135 mn financing for 1.2 GW of solar and wind projects in India

New Delhi, May 16 -- US-based renewable energy (RE) company Enfinity Global Inc. on Thursday announced that it has signed a deal for $135 million in financing for the development and construction of 1... Read More


Centre looking at strengthening underwriting model to help MSMEs get bank loans

New Delhi, May 16 -- New Delhi: The government is looking to strengthen the underwriting model for micro, small and medium enterprises (MSMEs) in order to make it easier for them to access loans. Und... Read More


Societe General to lend up to $1 billion to ReNew for energy transition projects

New Delhi, May 16 -- Europe's Societe Generale has agreed to lend up to $1 billion for Nasdaq-listed ReNew Global's energy transition projects over the next three years, at a time the Indian company a... Read More


SocGen's $1 bn loan for ReNew's project

new delhi, May 16 -- Europe's Societe Generale has agreed to lend up to $1 billion for Nasdaq-listed ReNew Global's energy transition projects over the next three years, at a time the Indian company a... Read More


SocGen's $1 bn loan for ReNew's green energy projects

new delhi, May 16 -- Europe's Societe Generale has agreed to lend up to $1 billion for Nasdaq-listed ReNew Global's energy transition projects over the next three years, at a time the Indian company a... Read More