Government-owned Power Finance Corporation (PFC) has reported a 20% increase in consolidated Profit After Tax (PAT), rising from ₹59.82 billion (~$712.6 million) in the...

Government-owned lender Indian Renewable Energy Development Agency (IREDA) approved loans amounting to ₹373.54 billion (~$4.48 billion) and disbursed ₹250.89 billion...

The Japan Bank for International Cooperation (JBIC) has entered into strategic loan agreements with NTPC Renewable Energy and NHPC to help develop renewable energy...

The government-owned lender Indian Renewable Energy Development Agency’s (IREDA) Board, in its recent deliberation, has approved a borrowing program totaling up to ₹242...

The Ministry of New and Renewable Energy has increased the benchmark Central Financial Assistance (CFA) for grid-connected rooftop solar power systems under Phase II of...

The State Bank of India (SBI) has signed a $165 million line of credit from the World Bank to finance grid-connected rooftop solar projects in the residential and...

The Asian Development Bank (ADB) has approved a $250 million (~₹20.8 billion) policy-based loan to strengthen India’s power sector, supporting a speedy transition...

The World Bank‘s Board of Executive Directors approved a loan of $200 million to the Government of Himachal Pradesh to help the Indian state achieve its target of adding...

The Asian Development Bank (ADB) has announced a new financing program for the Asia Pacific (APAC), which will significantly help the region accelerate actions required...

Government-owned lender Indian Renewable Energy Development Agency (IREDA) posted a profit of ₹2.54 billion (~$31 million) for the fourth quarter (Q4) of the financial...

Power Finance Corporation (PFC) has approved a loan of ₹6.33 billion (~$77 million) to Gensol Engineering for the purchase of 5,000 passenger electric vehicles (EVs) and...

The upfront investment can more often dissuade potential customers from adopting rooftop solar. However, the hesitation can be overcome with a collateral-free loan with...

International Finance Corporation (IFC) has signed an agreement with phosphate-based fertilizer producer OCP for a €100 million (~$110.5 million) green loan to build...

Government-owned lender Small Industries Development Bank of India (SIDBI) has launched a pilot program — Mission 50K-EV4ECO — to bring down the cost of...

The Indian Renewable Energy Development Agency (IREDA) has approved ₹327.6 billion (~$4 billion) worth of loans as on March 27, up 37% year-over-year (YoY), which...