NDB to back renewables in India, Brazil

NDB to back renewables in India, Brazil

The New Development Bank (NDB) said last week it approved a USD-300-million (EUR 270.7m) loan to India’s REC Ltd (NSE:RECLTD), a public infrastructure financier, to support the Indian government’s investment in the renewable energy sector.

Another SECI wind tender ends up undersubscribed

Another SECI wind tender ends up undersubscribed

A recent tender for up to 1,800 MW of inter-state transmission system (ISTS)-connected wind power projects in India has attracted just 551 MW of proposals, thus becoming one of a series of undersubscribed tenders in the country, Mercom Capital reports.

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