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    Sebi to make corporate, green bonds investor friendly

    According to reports, the board of the Securities and Exchange Board of India (Sebi) in its meet on Monday is expected to ease norms for trading in corporate bonds. The regulator is also likely to frame the guidelines to list the so-called green bonds on domestic exchanges. To make the bond market transparent and investor friendly, Sebi will address the issue of listing of such privately placed bonds on the exchange platform for secondary market transactions. Typically, a company issues ... Read More »

    India, 19 other nations pledge to promote clean technologies

    According to reports, twenty countries, including India, the US and China, will launch an initiative to double their clean energy research and development budget over the next five years as part of global efforts to tackle climate change. The total amount of money being committed by these 20 countries – under Mission Innovation — amount to USD 20 billion, about half of which would come from the US, White House officials said.  A formal announcement of the initiative is expected ... Read More »

    Modi to launch solar alliance on first day of Paris climate summit

    According to reports, Prime Minister Narendra Modi is set to launch his ambitious International Solar Alliance on Monday, the first day of the Paris climate summit. The move is being seen by analysts as a strategic step for the country on the global stage. Experts say that the alliance, which would include around 50 African countries, would be a huge business opportunity for Indian companies. It is also likely to give the country a leadership role in solar power-generation capacities. ... Read More »

    Welspun Group to sell its renewable energy business, appoints Barclays to look for a buyer

    According to reports, the Welspun Group has put its renewable energy business on the block and has appointed British bank Barclays to look for a buyer, two people with direct knowledge of the plan said, as the pipe-to-textile maker seeks to trim debt amid concerns of a fall in solar power prices hurting its margin. “The process has just begun,” said one of the people. “Some overseas strategic investors have shown preliminary interest.” The $3 billion group, controlled by billionaire ... Read More »

    Solar sunrise

    According to reports, solar power tariffs have hit a new low. US-headquartered SunEdison’s winning bid of ₹4.63 a kWh for a 500 MW project in Andhra Pradesh, has evoked comparisons with the e-commerce industry, where critics have mockingly dubbed the business model as ‘scale-up and trust to luck’. It has also deepened the cleft between the believers and cynics, with the former pointing out that as long as two years back, global renewable energy consultancy GTM Research had predicted solar ... Read More »

    Indian Railways brings out policy on solar capacity panels at stations

    According to reports, in line with the budget commitment made by Indian Railways towards installation of solar plants as part of its ‘Solar Mission’ to reduce dependency on fossil fuels, the transporter has come out with a policy on solar capacity panels on rooftops of railway stations. It has envisioned a plan to source 1,000 mw of solar power over five years besides establishing 132 mw of windmill plants by REMCL. Of the 1,000 mw which will be harnessed through ... Read More »

    How solar energy is changing the power sector’s dynamics

    According to reports, non-performing assets (NPAs) in the power sector made their appearance in 2007, when a number of companies announced big power projects. Most of these projects are yet to see the light of the day, with many languishing as NPAs in the banking sector’s books. Of late, the rush of companies announcing their entry in to the solar power sector raises the question of whether this is a repeat of the old power story. Lanco Infratech announced Monday ... Read More »

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