Sri Lanka and India signed MoUs on renewable energy cooperation and Trincomalee energy center development. In New Delhi, a Sri Lankan delegation led by President Ranil Wickremesinghe discussed energy cooperation strategy plans and investments to strengthen economic and energy ties. MOUs on Renewable Energy Cooperation, Trincomalee Energy hub development, and the Energy permit for the […]
India and Sri Lanka sign renewable energy MoU Read More »
Sebi issued a circular with new guidelines to boost green finance recently. The Securities Exchange Board of India requires ESG plans to invest at least 80% of their assets in equities and equity-related instruments of their strategy. The circular specifies that asset management schemes distinguish mutual fund schemes by asset allocation and investment strategy. The
SEBI Boosts Sustainable Finance with Six New ESG Categories Read More »
Juniper Green Energy signed an MOU with Power Finance Corporation Limited (PFC) at the 14th Clean Energy Ministerial (CEM) meeting on the sidelines of the G20 Summit. The MOU funds Juniper Green Energy’s 1200 MW renewable energy projects with Rs. 5,000 Cr. With this agreement, Juniper Green Energy hopes to reach 4000 MW of power
Juniper Green Energy Signs INR 5000 Crores MOU with Power Finance Corporation Read More »
Diversified renewable energy business ACME Group received a Rs 4,000 crore ($40 billion) loan from Rural Electrification Corporation (REC) Limited, one of India’s leading green infrastructure financing institutions, for its Oman green hydrogen and ammonia project. The loan will fund the first phase of a green hydrogen and ammonia project in Duqm, Oman’s Special Economic
ACME Group receives Rs. 4000 Cr. for Oman green hydrogen project Read More »
PMC officials stated the unit could treat 4–4.5 tonnes of sanitary waste daily. India’s sanitary waste disposal problem is growing because disposable sanitary napkins of non-biodegradable plastic pose health and environmental risks. Pune Municipal Corporation (PMC) would be the first civic authority to treat sanitary waste in August. Rochem Separations Systems Pvt Ltd, Hadapsar, has
Pune local government launched the nation’s first sanitary waste processing center Read More »
ITC Ltd.’s paperboards & specialty papers business is expanding its sustainable product portfolio and investing in the fast-growing market with “immense growth potential.” ITC entered the fast-growing premium Moulded Fibre Products (MFP) market via a wholly-owned subsidiary, ITC Fibre Innovations Ltd. In its latest annual report (2023), the company announced establishing a production facility in
ITC’s paperboards & specialty papers business expanding sustainable product portfolio Read More »
Ecojet, a “flag carrier for green Britain,” will debut early next year with a 19-seater plane between Edinburgh and Southampton. After a year of kerosene, the aircraft will be upgraded with engines that convert green hydrogen into power. Vince started Ecotricity, the UK’s first green energy company, 1995 and has since launched low-carbon and
UK’s first electric airline from green energy billionaire Read More »
Prime Minister Narendra Modi and UAE President Sheikh Mohamed bin Zayed Al Nahyan said that developed countries must fulfill the USD 100 billion delivery plan to reduce and adapt to climate change during the former’s official visit to UAE recently. India and the UAE stressed the importance of the global stocktake (GST) of collective action
India, UAE Urge Fulfillment of USD 100 Billion Climate Finance Commitment Read More »
Avaada Group, a major integrated energy platform, closed the Rs 10,700 crore ($1.3 billion) fundraising round creating a milestone for India’s renewable energy sector. As part of India’s sustainable future, Avaada’s green hydrogen, green methanol, green ammonia, solar manufacturing, and renewable power generation projects will receive support. Avaada Group recently received a Rs 961 crore
Avaada Group deepens green energy commitment Read More »
On Wednesday, the Securities and Exchange Board of India revised its Credit Rating Agencies Regulations to allow Environmental, Social, and Governance Rating Providers to register. An ESG rating provider might be a non-credit agency with a sufficient net worth. According to the new regulations, only a firm incorporated for ESG rating can register as an
SEBI governs ESG rating providers Read More »