In Short : The Asian Development Bank, AIIB, and the energy ministries of Azerbaijan, Kazakhstan, and Uzbekistan signed an MOU to support a feasibility study for the Caspian Green Energy Corridor. The project aims to enhance cross-border green energy trade, interconnect regional power systems, and promote sustainable energy transmission from Central Asia to Europe, fostering […]
Green Energy Corridor – Intra-State Transmission System Phase-II scheme – EQ Mag Pro
The Government of India approved the Green Energy Corridor – Intra-State Transmission System Phase-II scheme on 06.01.2022. The project cost is Rs. 12,031.33 crore with Central Financial Assistance (CFA) @ 33% of the project cost i.e. Rs 3,970.34 crore. The transmission infrastructure under the scheme will be setup in seven states namely Gujarat, Himachal Pradesh, […]
Sterlite Power successfully raises Rs 200 cr from Allianz Global Investors
Mumbai: Sterlite Power, a leading global power transmission player, on Monday said that it has raised Rs 200 crore in debt financing from Allianz Global Investors (Allianz GI) – one of the world’s leading investment managers with focus on sustainable investments. This transaction is one of the first infrastructure sector financing deals for Allianz GI […]
Tamil Nadu seeks more time to set up green energy corridor
Wants new deadline to be March 2020 to tackle right-of-way issues impeding project deployment. The Tamil Nadu government has sought the Union power ministry’s approval to extend the schedule for setting up power transmission network for renewable energy projects in the state. The original deadline for setting up the ‘intra-state green energy corridor’ was March […]
