Lending & Credit

REC bags $200m green loans from Deutsche Bank AG

This will finance renewable energy projects in India. 

Vietnam’s gas project bags $832m in Japanese loans

The facility will support thermal power plants.

World Bank OKs $1.5b for India’s low-carbon transition

This will boost the development of green hydrogen and renewable energy.

India approves VGF scheme for offshore wind projects

It includes funding for two 500 MW projects in Gujarat and Tamil Nadu.

TagEnergy achieves financial close for 577 MW wind project

The project is the second stage of the 1.3 GW Golden Plains Wind Farm.

India requires $385b investment for power sector transition

The country aims to reach 500 GW of renewable energy by 2030.

Alternergy bags $90.3m loan for 64 MW wind project

The loan will be provided by Rizal Commercial Banking Corporation.

First Gen needs $9b to boost RE capacity

The company has to increase its capacity by almost four times to reach 13 GW by 2030.

Alternergy raises $340.7m funding for RE projects

It is developing two wind farms and a solar farm that are targeted to start by 2025.

Philippines to receive $500m in CIF funding to accelerate coal plant retirements

Coal-fired plants accounted for 44% of the country’s installed capacity.

Sterlite Power secures $165.2m funding for transmission project

Power Finance Corporation will provide the funding.