In Short : Maharashtra has approved the IPO of MSEDCL alongside a financial restructuring involving borrowing of over ₹32,679 crore. The move aims to strengthen the utility’s balance sheet, improve operational efficiency, and enable infrastructure upgrades. The restructuring includes splitting agricultural and non-agricultural businesses, enhancing transparency, and supporting modernization of power distribution and renewable energy […]
India’s C&I Rooftop Solar Sector Poised for Growth Amid Regulatory and Financial Challenges – EQ
Financial capacity constraints of EU’s carbon border policy may disrupt India’s steel sector Study – EQ
In Short : A study by IIM-Lucknow warns that the EU’s Carbon Border Adjustment Mechanism (CBAM) could disrupt India’s steel sector, especially SMEs struggling with financial and technological constraints. While large firms may adapt, SMEs risk reduced exports. The study urges policy support, technology transfer, and capacity-building initiatives to help Indian steelmakers transition to low-carbon […]
BRIEF-Ayala Corp Says Reached Financial Close For Its 100 MW Sitara Solar Farm In India
REACHED FINANCIAL CLOSE FOR ITS 100 MW SITARA SOLAR FARM IN INDIA SOLAR FARM EXPECTED TO START POWER GENERATION BY THE FIRST HALF OF 2021 SITARA SOLAR HAS ESTIMATED PROJECT COST OF US$ 67 MILLION Source: investing
Climate Fintech Startup Atmos Financial Puts Savings to Work for Clean Energy
Atmos joins a wave of financial startups pushing big banks to stop lending to new-build fossil fuel projects. Money doesn’t just sit in savings accounts doing nothing. Banks recirculate deposited cash as loans — for cars, homes, even oil pipelines — and pay customers interest for the service. Startup Atmos Financial ensures that the money […]
SUNGROW SIGNIFICANTLY GROWS REVENUE IN 2019 – OVERSEAS SHIPMENTS INCREASE BY 87.5%
Hefei, China: Sungrow, the global leading inverter solution supplier for renewables, has recently released its annual report 2019 to shareholders, reporting a robust fiscal performance and key milestones in its business fields. Overview of Sungrow fiscal year · The shipments in 2019 reached 17.1GW, allowing the accumulative shipments to hit 100GW as of December 2019. […]
