REC Limited Loans ₹9.51 billion to Renewable Energy Sector in Q1 FY 2022, Up 55% QoQ

REC Limited Loans ₹9.51 billion to Renewable Energy Sector in Q1 FY 2022, Up 55% QoQ

REC Limited has announced the financial results for the first quarter (Q1) of the financial year (FY) 2022. REC is an infrastructure finance company involved in financing power projects. The company ...
/ / Other, Renewable Energy
RBI Increases Priority Sector Lending Cap to Renewables by Two-Fold

RBI Increases Priority Sector Lending Cap to Renewables by Two-Fold

The Reserve Bank of India (RBI) has come out with the details for the priority sector lending. The apex bank has increased the lending limit for the renewable sector. The ...
/ / Other, Renewable Energy
FDI Cell Formed Under MNRE to Process Investment Proposals from Neighboring Countries

FDI Cell Formed Under MNRE to Process Investment Proposals from Neighboring Countries

The Ministry of New and Renewable Energy (MNRE) has announced the formation of a Foreign Direct Investment (FDI) cell to process the FDI proposals. According to the FDI policy, a ...
Important Headlines from India’s Renewable Sector in February 2020

Important Headlines from India’s Renewable Sector in February 2020

February was a busy month for the domestic renewable sector, with many important events and announcements making the headlines. There were several important announcements in the month, including the Union ...