RBI revises stressed asset resolution guidelines
The Reserve Bank of India (RBI) has revised its stressed assets resolution guidelines, and the…
Energy
In a first, India investing more in solar power than coal
A report by the International Energy Agency says India’s investments in renewable energy is outpacing…
CERC allows pass-through of imported coal cost, could shore up 15GW of stressed assets
India’s Central Electricity Regulatory Commission (CERC) has allowed coal plants struggling with poor domestic coal…
India to set up 40 GW battery storage capacity by 2022, invest $40 billion
India is likely to call for bids to set up 40 GW of battery storage…
Diocese of major shipping nations pledge fossil fuel divestment
The diocese of several important maritime nations have pledged to divest their fossil fuel holdings…
India looking at $500 bn investment in renewable energy generation by 2028
A massive $500-billion renewable energy investment is on the cards in India, according to the…
Tata Power to quit new coal power, focus on renewables
IEEFA has reported that one of India’s largest private power developers – Tata Power –…
Global solar market bags $2.8 billion in private funding in Q1 2019
According to latest Mercom analysis, the global solar sector received $2.8 billion in corporate funding…
Lifeline for Adani’s Mundra power plant after CERC allows for higher power tariff
The loss-making Adani Power’s 4,620 MW plant in Mundra, Gujarat, has been granted a lifeline…
India’s stressed coal assets: Government missing the bigger picture
With elections around the corner, the government recently announced plans to revive India’s stressed power…