India

It will be constructed for 18 months.

It signed agreements with Australia, Finland, Germany, and the UAE.

This includes 63GW of solar power and 46GW of large hydro amongst others. 

It will be operational within 24 months from the execution date of the PPA.

The completion of the equity infusion will support TPREL’s growth plans.

This is in line with the group’s plan to reach a renewable energy capacity of 60 GW by FY32.

It now has the largest operating renewables portfolio in India.

Its total cost is estimated at $3.9b

The bonds were issued by its subsidiaries Greenko Investment and Greenko Mauritius.

The storage unit will be delivered to India in the first quarter of 2023.

A report found renewable energy-rich states are not utilising their full potential. 

The states were measured according to their overall preparedness and commitment. 

They will study potential collaboration across the value chain.

This comes as demand for coal-based power remains high.

Total coal despatch to the sector reached 609 million tonnes. 

IEEFA raised investors should question high emission projects in developing countries.