ICRA ESG Assigns its 1st Ratings to InCred Financial
InCred Financial, a company focused on personal, student, and business loans, etc., has been assigned a rating of ICRA ESG Impact 57, Moderate.
BPCL Forges Joint Ventures with Sembcorp and GPS Renewables
Both ventures align with BPCL’s long-term goal to diversify its business and support India’s energy transition initiatives.
US-based AESI Plans to Build Manufacturing Facility in Malaysia Next Year
The company also partners with EVE Energy for battery cell supply and signs contracts with ESB Scotland for TeraStor projects.
Govt Allocates $1.48B for Hydropower Infrastructure, Targets 31.35 GW
The cost has been rationalized to ₹1 crore per MW for projects up to 200 MW capacity and ₹200 crore plus ₹0.75 crore per MW for ones over 200 MW.
MUFG and Doha Bank Close First Green Repurchase Scheme in Middle East
This transaction marks both institutions’ first green repo scheme, utilizing green bonds as the underlying collateral.
Tata Power, Tata Motors Ink Deal to Set Up Chargers for Electric Commercial Vehicles
Tata Power arm signed a MoU with Tata Motors to set up 200 fast-charging stations for electric commercial vehicles in all metro cities.
Govt Approves $1.29B PM Electric Drive Scheme To Push Clean Transportation
The new scheme will incentivize electric vehicle buyers, facilitate public transportation and install EV charging stations across selected cities.
Essar Energy Transition, SSE to Launch 40 MW Green Hydrogen Plant in UK
The 40 MW Gowy Green Hydrogen project could be operational as early as 2028, with feasibility studies completed and site works underway.
ITI Ltd. Bags $35.7M Order to Supply Solar Street Light Systems in Bihar
This order is in addition to 80,000 solar street light systems the company is executing in Bihar for BREDA to improve rural infrastructure.
Gensol, Matrix Team up to Build India’s 1st Green Hydrogen Valley Project
Gensol-Matrix will set up the green hydrogen production plant on build, own and operate basis for the specialty chemical sector using electrolysis.