Mumbai : Dutch development bank FMO has committed USD 137 million investment in the country”s green growth fund managed by an arm of private equity major Everstone Group. Everstone Group on Friday said this investment by the Hague-based FMO will help accelerate investments into India”s green infrastructure projects. This is the largest single-country funding approved […]
S.Korea to spend $95 bln on green projects to boost economy
South Korea aimed to have 1.13 million electric vehicles and 200,000 hydrogen cars on the roads by 2025, up from 91,000 and 5,000 respectively at the end of 2019, he said, while the government would expand charging stations for the vehicles SEOUL: South Korea’s government launched a plan on Tuesday to spend 114.1 trillion won […]
Sri Lanka to launch green projects to protect ecosystem
Sri Lanka’s new interim government will launch green projects in the island country as part of a mega beautification programme to maintain the ecosystem, parliamentarian Namal Rajapaksa said on Thursday. With Sri Lanka being ranked the second-worst country affected by climate change by the Global Climate Risk Index 2019, Namal said that it needed to […]
Give priority to green projects: Renewable Ministry to CPSEs
New Delhi : All central public sector enterprises have been asked by the renewable energy ministry to prioritise renewable projects in their investment plans, as part of larger efforts to reduce carbon emission. The ministry has written a letter to all CPSEs, the Department of Public Enterprises (DPE) and the Department of Economic Affairs (DEA). […]
Govt to invoke special powers, save green projects of Rs 40k crore
NEW DELHI: The government is set to use special powers under the Electricity Act of 2003 to ensure regulatory passage for a clutch of inter-state transmission lines with the objective of preventing solar and wind power projects worth Rs 40,000 crore from getting stranded. Top government sources told TOI the power ministry will invoke Section […]