GAIL to fund start-ups in renewable and alternate energy space
Startups looking for an equity investment from the state-owned gas utility can submit proposals online till January 24.
Indian government leading by example in renewable energy adoption: IEEFA
Government incentives driving state-owned enterprises’ investment away from the soon-to-be stranded fossil fuel based assets are a way of further boosting investment in the renewable energy sector.
Gas utility GAIL and BHEL to jointly develop solar projects
The two state-owned units will jointly pursue commercial solar power projects through participation in tariff/viability gap funding (VGF) based competitive bidding.
Investment funds scramble to acquire Indian giant’s 1 GW assets
Global Infra Partners, KKR, Brookfield, I Squared Capital and Macquarie are reported to be among those eyeing the renewable energy assets of debt riddled Infrastructure Leasing and Financial Services.
Macquarie, NTPC in race to buy IL&FS assets
India’s leading infrastructure finance company IL&FS expects up to Rs 80 billion from wind and solar asset sales.
Gas utility GAIL connects country’s second-largest rooftop solar plant
GAIL, which is a state-owned provider of gas, commissioned a 5.76 MW rooftop PV array at its Pata petrochemicals plant in Uttar Pradesh at the end of 2017.
