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Power-packed M&A thrust
It can be a pure 'make-in-India' story in the making. Ever since the US has decided to pull out of the historic 'Paris Accord on Climate Change,' the weather for the renewable sector in the country is turning out to be exciting.
Make In India, Paris Accord On Climate Change, Renewable Sector, National Grid, Renewable Energy, Ministry Of New And Renewable Energy, WMS, Wind Power Generation, National Solar Mission, Green Bonds, ESG, HNI, Greenko, IDBI Bank, Axis Bank
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RenXSol installs 400 kW project
Bengaluru-based solar solutions enterprise and solar consultants RenXSol Ecotech Pvt. Ltd., announced that the 400 kW rooftop power plant at Karnataka State Cricket Association´s M Chinnaswamy Stadium was successfully installed to BESCOM grid, post CEIG approvals.
Solar Solutions, Renxsol Ecotech Pvt. Ltd., Karnataka State Cricket Association, M Chinnaswamy Stadium, CEIG, BESCOM, String Inverters, PSB, Grid Tie Type String Inverters, IDBI Bank, Bank Of Baroda, Bank Of India
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CLPs pooled financing experiment may get popular
CLP India, the Indian subsidiary of China Light and Power Group, has taken a new route to minimise the financial risk on its wind farms-ùthey are adopting the concept of pooled financing. With this, the company has become the first Indian firm to experiment with this new financial concept.
CLP India, China Light, Power Group, Samir Ashta, Renewable Energy, IDBI Bank, Standard Chartered, Michael Kadoorie, Power Station, Jhajjar, Rajiv Mishra, CLP Holdings Limited, Naveen Munjal, Mahesh Makhija, BD Renewables
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CLPs pooled financing experiment may get popular
CLP India, the Indian subsidiary of China Light and Power Group, has taken a new route to minimise the financial risk on its wind farms-ùthey are adopting the concept of pooled financing. With this, the company has become the first Indian firm to experiment with this new financial concept.
CLP India, China Light, Power Group, Samir Ashta, Renewable Energy, IDBI Bank, Standard Chartered, Michael Kadoorie, Power Station, Jhajjar, Rajiv Mishra, CLP Holdings Limited, Naveen Munjal, Mahesh Makhija, BD Renewables
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CLP India ties up with three lenders for setting up wind farms
CLP Holdings' India arm, CLP India, has entered an arrangement with three lenders Standard Chartered Bank, IDBI Bank Limited and IDFC for financing its wind farms. The company said 'Pooled Financing' is expected to boost the growth of wind portfolio.
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CLP India ties up with three lenders for setting up wind farms
CLP Holdings' India arm, CLP India, has entered an arrangement with three lenders Standard Chartered Bank, IDBI Bank Limited and IDFC for financing its wind farms. The company said 'Pooled Financing' is expected to boost the growth of wind portfolio.
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GMR's plea to IDBI to reschedule financing
To reschedule its 2,600 crore loan GMR Group has approached IDBI Bank. The Group has also asked the lenders to allow the company to delay the commissioning of the project to April, 2014.GMR Energy Chief Financial Off-icer Bhaskar Rao indicated that the company has requested the lenders consortium, led by IDBI Bank, to reschedule the loan to the 768 MW gas-fired power plant at Rajamundry in Andhra (GMR Rajahmundry Energy), due to unavoidable circumstances.
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GMR's plea to IDBI to reschedule financing
To reschedule its 2,600 crore loan GMR Group has approached IDBI Bank. The Group has also asked the lenders to allow the company to delay the commissioning of the project to April, 2014.GMR Energy Chief Financial Off-icer Bhaskar Rao indicated that the company has requested the lenders consortium, led by IDBI Bank, to reschedule the loan to the 768 MW gas-fired power plant at Rajamundry in Andhra (GMR Rajahmundry Energy), due to unavoidable circumstances.
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