The Asian Development Bank (ADB) has approved a results-based loan of $460 million to modernize rural power infrastructure, promote distributed renewable energy...

Oyster Green Hybrid Three, a subsidiary of Oyster Renewable Energy, has achieved financial closure for its 342 MW wind-solar hybrid project in Madhya Pradesh, securing a...

Non-banking financial company and lender to the renewable energy sector, Aseem Infrastructure Finance has secured external commercial borrowing and a green loan...

Government-owned lender Indian Renewable Energy Development Agency (IREDA) has signed a loan facility with the State Bank of India Tokyo to raise JPY26 billion (~$172...

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...