Robust infrastructure needed to create $10 trillion dollar economy by 2032: Survey

India needs to build a robust industry with a buoyant and resilient infrastructure to create a 10 trillion dollar economy by 2032, said the Economic Survey 2018-19 tabled by Finance Minister Nirmala Sitharaman in Parliament on Thursday. A resilient infrastructure is fundamental and essential for budding industries. While India has invested in its infrastructure over […]

ZunRoof receives USICEF’s grant

Solar rooftop firm ZunRoof Tech said Wednesday that it has received a grant from US-India Clean Energy Finance (USICEF) in the fourth round of funding programme. The USICEF is a partnership between the Ministry of New and Renewable Energy, the India Renewable Energy Development Agency (IREDA), the Overseas Private Investment Corporation (OPIC) and a consortium […]

Australian firm partners with Indian power company to develop India’s first lithium refinery

Australian mining company Neometals has entered into a deal with Indian power conglomerate Manikaran Power to jointly fund a feasibility study to set up India’s first lithium refinery. The refinery, if established, would process ore from the Mount Marion mine in Western Australia to produce battery-grade material for electric cars. The two companies have agreed […]

Greenlight Planet raises USD 2.36 million

Greenlight Planet Tuesday said it has raised USD 2.36 million (about Rs 16.5 crore) for its off-grid solar projects in the country, through support of Trine, a Swedish investment company that enables individuals to invest sustainably. For the first time Greenlight Planet has sourced debt financing from individuals by connecting with 1,822 investors to fully […]