RBI issued a Master Circular in which among others agriculture and micro and small enterprises formed a part of priority lending sectors. Availing a loan for acquiring an asset is a legitimate activity for individuals as well as businesses. Banks and financial institutions such as NBFCs offer loans for a variety of purposes. Different types […]
Agreement signed to generate clean energy through rooftop PV system in West Bank
The EIB’s investment, which falls under the Economic Resilience Initiative (ERI) will generate 35 MW of clean energy enough to power more than 16000 houses across the West Bank. The European Investment Bank (EIB) and the Palestine Investment Fund (PIF) have signed a loan agreement worth USD 18 million to finance the installation of rooftop […]
Soon, a green end to power blackouts
At the turn of the last year, Union power minister R K Singh announced that from April 1 2019, India would not face any blackouts, except in a couple of sectors like agriculture where electricity is not required 24×7. The minister made the statement in the context of state distribution companies, or discoms, often resorting […]
Israel to Develop 6GW of Solar Capacity Over the Next Decade
Before the market can boom, the dry, sunny country needs to update its transmission grid and streamline the contracting process. It took years to develop, but Israel’s young solar market is poised to accelerate if some needed grid upgrades come through. After considerable pushing by a band of scrappy homegrown developers, solar power now delivers […]
