Bureaucrat-turned-politician and second time Lok Sabha member R K Singh Friday took charge of power and new & renewable energy ministries and stressed that focus of Team Modi 2.0 will be on reliable and sustainable ’24X7 Power for All’. “Our focus will be on 24X7 power for all. We want to provide reliable and sustainable […]
ADB to invest USD 50 mn in solar project developer Avaada
Asian Development Bank (ADB) Tuesday said it has inked an agreement to invest USD 50 million in solar energy project developer Avaada Energy Pvt Ltd to help the company scale up rapidly. The investment will come equally from ADB’s Ordinary Capital Resources and Leading Asia’s Private Infrastructure Fund (LEAP). LEAP is a funding arrangement provided […]