De-risking investments for India’s energy transition
As India strives to move away from its reliance on coal and other fossil fuels, financing this transition remains one of the greatest hurdles. The key challenge lies in de-risking investments to attract the necessary capital for a sustainable and low-carbon energy future.
Assam tenders pooling substation contract for ADB financed 1 GW solar project
The 1 GWp (750 MW AC) solar PV project is partly financed by the Asian Development Bank.
ISA, GH2 launch Green Hydrogen Policy Accelerator Training Course in New Delhi
Building on the success of the Cairo Edition, International Solar Alliance (ISA) and Green Hydrogen Organisation (GH2) have brought their Green Hydrogen Policy Accelerator Training Course to New Delhi.
ADB offers $121 million for 100 MW solar project in Bangladesh
The Asian Development Bank (ADB) says a new 100 MW solar project in Bangladesh will be the country’s first private sector utility-scale PV facility to secure ADB support.
SAEL secures $1 billion for solar, biomass projects
Solar and waste-to-energy producer SAEL has secured $1 billion from financial institutions including Norfund, DFC, Asian Development Bank (ADB), and Tata Cleantech.
ADB to lend $200 million for climate-resilient power system in Uttarakhand
The project will modernise Dehradun city’s power network infrastructure by introducing an advanced and climate-resilient underground cable system comprising 537 km subterranean cables, 354 ring main units, and 99 compact substations.
ADB approves $250 million loan for India’s power sector reforms
The Asian Development Bank (ADB) has approved a $250 million policy-based loan to strengthen the market for power trade and related ancillary services in India, facilitating the integration of intermittent renewable energy. The loan will also enable measures to improve the financial performance, corporate governance, and service quality of electricity distribution companies (DISCOM) and create a conducive environment for private sector investment.
Tata Power Delhi discom signs $20.2 million financing deal with ADB
Tata Power will use the secured financing to enhance Delhi’s power distribution through grid enhancements and a battery energy storage system.
IIFL Home Finance signs $68 million loan agreement with ADB
The funding is aimed to boost women’s access to affordable green housing in India. It includes up to $58 million direct loan by the Asian Development Bank and a $10 million concessional loan by the Canadian Climate Fund for the Private Sector in Asia.
Innovative financing can help India achieve solar energy goals
Funding avenues available to solar developers range from green bonds and multilateral development bank loans to infrastructure investment trusts.
