Juniper Green Energy has secured $1 billion in phased debt financing from leading financial institutions. Lenders include PFC, DBS Bank, HSBC Bank and the Indian Renewable Energy Development Agency. The funding will support the development of wind-solar hybrid and firm and despatchable renewable energy projects across key Indian states. Furthermore, this financing will enable the company to scale up its operations and drive the company’s expansion.
Views of Pramod Rao: “The InvIT/REIT market requires greater adoption”
At present, 20 infrastructure investment trusts (InvITs) and five real estate investment trusts (REITs) have been registered with the Securities and Exchange Board of India (SEBI), with the combined net assets value exceeding Rs 2.5 […]
Centre to allocate Rs 4.88 billion for power projects in Telangana
Reportedly, the central government has allocated an investment of Rs 4.88 billion under the Power System Development Fund for nine new schemes in Telangana to strengthen the state’s power grid and ensure reliable electricity supply. […]
Indus Tower approves acquisition of telecom assets of Bharti Airtel and Bharti Hexacom
Indus Towers’ board has approved the acquisition of telecom assets from Bharti Airtel and Bharti Hexacom for up to Rs 33.08 billion through a slump sale. The transaction comprises the acquisition of passive infrastructure assets/telecom […]