In Short : The Indian government is planning a new scheme to restructure financially weak power distribution utilities by inviting private sector participation. The initiative aims to improve efficiency, reduce losses, and modernize operations. States will be encouraged to either privatize part of their discoms or form joint ventures, ensuring better service delivery and long-term […]
In Short : Asian Development Bank (ADB) President Masatsugu Asakawa strengthened the bank’s partnership with Canada during his official visit, focusing on sustainable development and private sector collaboration. The discussions highlighted joint efforts in clean energy, climate resilience, and infrastructure investment across Asia and the Pacific. The partnership aims to mobilize private capital to drive […]
In Short : The Asian Development Bank (ADB) is expanding private sector operations, marking a strategic shift toward mobilizing private capital for sustainable development. Recent growth in loans, equity, and partnerships supports sectors like clean energy, healthcare, and infrastructure. This move aligns with ADB’s Strategy 2030, aiming to boost inclusive, resilient growth across Asia and […]
In Short : Asian Development Bank (ADB) President Masatsugu Asakawa reinforced the ADB–US partnership during his recent US visit, highlighting the importance of private sector-led growth in Asia and the Pacific. He emphasized deeper collaboration with the US to mobilize private capital, support climate action, and drive sustainable development, positioning the private sector as a […]
In Short : At SAFDE 2025, ISA chief Ashish Khanna urged the private sector to triple investments in distributed renewable energy (DRE) to drive growth and job creation. With a $53 billion market potential, DRE could generate 35 million green jobs by 2047. A hybrid energy model and supportive policies were emphasized to boost access, […]
In Short : Husk Power Systems has emerged as the world’s largest owner and operator of private sector minigrids. The company focuses on providing affordable, reliable, and renewable energy to underserved communities, primarily in rural areas. With its innovative minigrid solutions, Husk Power is playing a pivotal role in enhancing energy access and supporting sustainable […]
New policy paving way for EV charging launched A new national policy for electric vehicle charging infrastructure will open up the market as a new economic niche allowing the involvement of the private sector. In a press conference on Monday, Energy Minister Miriam Dalli said the policy aims to regularise the sector and allow private […]
Author : Mr. Shreyas Gowda, Vice President (Sales & Products) of Oorjan Cleantech Climate change has posed a major life-threatening risk globally. According to the International Panel on Climate Change (IPCC) report, the global temperature may rise by 1.5 degrees Celsius by 2040. To maintain the same trajectory of global temperature at 1.5 degrees Celsius, […]
A Financial and Economic Journalist, Kwabena Adu Koranteng has called on the government to provide an attractive and business-friendly environment for the private sector to invest more in Ghana’s renewable energy drive in a bid to boost power supply in the long term. Speaking in an exclusive interview, Mr. Adu Koranteng who is also a […]
Private sector investments will have to take the lead in setting up charging stations Every nation bears the responsibility of reducing their greenhouse gas emissions. India, on its part, has committed to reducing its carbon footprint by 33-35 per cent by 2030 from the 2005 levels, as part of its NDCs under the Paris Agreement. […]