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IREDA raises JPY 28 billion ECB from SMBC Singapore
Indian Renewable Energy Development Agency Limited (IREDA) signed a facility agreement on Monday with Sumitomo Mitsui Banking Corporation (SMBC) Singapore Branch for an external commercial borrowing (ECB) of JPY 28 billion, including a green shoe option of JPY 12 billion, making the base facility JPY 16 billion. The borrowing is structured as a five-year unsecured…
L&T raises Rs 5 billion via India’s first ESG bonds, wins USD 50 million contract
Larsen & Toubro (L&T) has raised Rs 5 billion through India’s first environmental, social, and governance (ESG) bonds. The funds were mobilised via non-convertible debentures (NCDs) at a 6.35% coupon rate with a three-year maturity. The bonds were listed on the National Stock Exchange (NSE) and issued under the Securities and Exchange Board of India’s…
Gentari commissions 150 MWp open access solar plant in Maharashtra
Gentari has commissioned a 150 MWp open access solar power project at Dahegaon village in Yavatmal district, Maharashtra. The plant is connected to the state transmission utility and ranks among the largest open access solar installations serving commercial and industrial (C&I) consumers in the state. The project is expected to generate approximately 248 million units…
NTPC plans 30,000 MW nuclear capacity by 2032
NTPC Limited aims to establish 30,000 MW of nuclear power capacity by 2032 and is seeking land in eight states. The company is also working on partnerships with foreign firms such as Électricité de France (EDF) (France), General Electric (GE) (US), and Holtec International (US) for small modular reactor (SMR) development. The nuclear projects are…
GERC proposes extension of green open access banking charges till August 2026
The Gujarat Electricity Regulatory Commission (GERC) has released a draft explanatory memorandum and draft fifth amendment regulations to the GERC (Terms and Conditions for Green Energy Open Access) Regulations, 2024, proposing extension of the existing banking charge of Rs 1.50 per unit until August 31, 2026, or until revised charges are notified separately. The Principal…
NCT clears Rs 9,980 crore transmission schemes in eastern and western regions
The National Committee on Transmission (NCT) has approved two major transmission schemes with a combined cost of about Rs 9,980 crore to strengthen grid reliability, support generation evacuation, and enable inter-regional power flows. The approvals were issued on February 25, 2026. Eastern corridor: Kolkata reliability and Nabinagar evacuation NCT recommended implementation of ERES-47, the Nawada-Durgapur-Jeerat…
