National

Gamesa

GAMESA India Bags Star Performer Award from GAIL

The Public Sector Undertaking, GAIL (India), has conferred its “Best Performance Award for wind  to GAMESA, India. The award was given away by the Executive Director (Projects), Dr. Ashutosh Karnatak, to GAMESA India for 2011-12 … More →

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Suzlon in talks with lenders on revamping debt

Suzlon Energy Ltd, the world’s fifth largest wind turbine maker, has initiated discussions with lenders to restructure its debt. Suzlon, which had a debt of Rs.13,017 crore at end-June, also decided to suspend its guidance … More →

ReGen Powertech

Global venture capital funding in wind sector touches $17 million in Q2, driven by India’s ReGen Powertech

The global Venture Capital (VC) funding in the wind sector reached $17 million in the second quarter this year, driven by India’s ReGen Powertech which raised nearly half of the total kitty. According to Mercom … More →

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NuPower Renewables gets Rs.750 cr PNB funding

 NuPower Renewables Ltd , a Mumbai-based wind energy firm, has raised Rs. 750 crore via a 12-year term loan from Punjab National Bank ( PNB ), according to two persons with direct knowledge of the … More →

index

Power Finance Corp of India Says Lending Rising on Renewables Growth

India’s largest state lender to electricity utilities, said a renewable-energy boom will support growth in loans as the country seeks to double clean-power capacity by 2017. Loan disbursal at Power Finance increased 31 percent in … More →

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NSL Wind to raise $19 mn from IFC

SL Renewable Power is planning to set up a wind power project of 75 Mw in Chilarwadi village of Man Tehsil, Satara district of Maharashtra through a subsidiary NSL Wind Power Company (Satara) Private Limited … More →

Global Environment

Global Environment raises Rs 700 cr fund

Sustainable forestry-focused private equity (PE) firm, Global Environment Fund (GEF), has raised a Rs 700 crore, small and medium enterprises (SME)-focused South Asia fund dedicated to India—the first niche fund of its kind in the … More →