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IFC INVESTS ~US$ 50 MILLION IN GFCL EV FOR INDIA’s FIRST INTEGRATED BATTERY MATERIALS FACILITY – EQ

Noida – Gujarat Fluorochemicals Limited (GFL), India’s leading fluorochemicals company, today announced a partnership with the International Finance Corporation (IFC), a member of the World Bank Group (WBG). IFC is investing ~ US$50 million) in GFL’s subsidiary GFCL EV Products Limited (“GFCL EV”) through the subscription of compulsorily convertible instruments to build India’s first integrated […]

Evren secures ~$600 million funding for its FDRE hybrid project – EQ

$300 Million World Bank Operation to Help Scale Up India’s Energy Efficiency Program

WASHINGTON: The World Bank Board of Executive Directors today approved a $220 million loan and an $80 million guarantee for the India Energy Efficiency Scale-Up Program. The Program, to be implemented by the Energy Efficiency Services Limited (EESL), will help scale up the deployment of energy saving measures in residential and public sectors, strengthen EESL’s […]

India Achieves Record Renewable Power Generation in 2025, Reducing Fossil Fuel Dependence – EQ

$300 Million World Bank Operation to Help Scale Up India’s Energy Efficiency Program

WASHINGTON: The World Bank Board of Executive Directors today approved a $220 million loan and an $80 million guarantee for the India Energy Efficiency Scale-Up Program. The Program, to be implemented by the Energy Efficiency Services Limited (EESL), will help scale up the deployment of energy saving measures in residential and public sectors, strengthen EESL’s […]

India Achieves Record Renewable Power Generation in 2025, Reducing Fossil Fuel Dependence – EQ