Mirova, an affiliate of Natixis Investment Managers dedicated to sustainable investing, announces a USD 15 million investment in Eversource-backed Ecofy, a Reserve Bank of India (RBI)-registered NBFC specializing in financing green products. Founded in 2022 by Rajashree Nambiar and Govind Sankaranarayanan, and backed by Eversource Capital, British International Investment, FMO and Finnfund, Ecofy is India’s […]
In Short : Calcom Vision Limited has entered the solar street lighting segment, targeting ₹100 crore revenue by FY30. The move supports its diversification into solar and outdoor lighting solutions, backed by capacity expansion and advanced manufacturing, aligning with India’s growing demand for sustainable and energy-efficient infrastructure. In Detail : Calcom Vision Limited has announced […]
Summary: — **Key Instruction from Document:** > “Please refer Tender Documents for details” — ### Business Point Summary | Aspect | Implication | |——–|————–| | **Opportunity Type** | A formal procurement or contract opportunity has been announced. | | **Action Required** | The notice itself does **not** contain executable tender information. It serves only as […]
In Short : A solar electrification initiative has illuminated 130 homes across Periyapatna and HD Kote taluks in Mysuru district. The project provides reliable, clean energy to rural households, reducing dependence on conventional power sources. It highlights the role of decentralized solar solutions in improving energy access, enhancing quality of life, and supporting sustainable development […]
In Short : Reliance Industries is planning to develop India’s largest data centre cluster in Andhra Pradesh with a massive investment and gigawatt-scale capacity. The project will integrate renewable energy and advanced infrastructure to support AI, cloud computing, and digital services. It is expected to transform the region into a major technology hub while strengthening […]
In Short : Nexamp has secured $200 million in funding to expand its solar and energy storage portfolio. The investment will support project development, enhance clean energy deployment, and strengthen grid resilience. This move reflects growing investor confidence in integrated renewable solutions and positions Nexamp to scale operations amid rising demand for sustainable power infrastructure. […]
Summary: — ## Key Amendments (Business Impact) | Parameter | Earlier Term | Amended Term | Business Implication | |———–|————–|—————|————————| | **Reset Period** (Sr. No. 7, Annexure) | Not less than **6 months** | Not less than **3 months** | ✅ **Higher flexibility for banks** – shorter reset period allows lenders to reprice the loan […]
Summary: — ## 1. Project & Borrower Overview – **Borrower**: Solar Energy Corporation of India Ltd. (SECI) – a Government of India enterprise under MNRE. – **Credit Rating**: ‘AAA’ by ICRA Ltd and CARE (lowest credit risk). – **Role**: SECI is a Renewable Energy Implementing Agency (REIA) with over **76.525 GW** of renewable projects awarded. […]
PGCIL issue Tender for with Transmission System for evacuation of power from Rajasthan REZ Ph IV (Part-5 6 GW) [Barmer Complex] Barmer II 6 GW (Solar) (LCC Configuration) For more information please see below link: Tender Details : Tender Title : Package IV Synchronous condensers (SynCon) at Barmer II HVDC Terminal Station (SynCon unit-1 and […]
In Short : India is set to become the world’s second-largest solar market by 2026, driven by rapid capacity expansion, strong policy backing, and rising energy demand. With installations accelerating and costs declining, solar energy is becoming central to India’s power mix. This growth strengthens energy security, supports sustainability goals, and positions India as a […]