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Home > Posts by The Economic Times

India’s solar sector faces a reality check amid Gautam Adani’s US legal storm

President Donald Trump’s suspension of the Foreign Corrupt Practices Act could impact allegations against Indian tycoon Gautam Adani regarding a solar project bribery scheme. This highlights vulnerabilities in India’s solar sector, struggling with financial...

Read more March 14, 2025 at 12:49 pm The Economic Times

Centre for Financial Accountability urges RBI to broaden scope of climate-related financial risk framework

The CFA emphasised the critical need to empower shareholders, customers, and the general public with comprehensive information on the climate crisis's impact on FI investments.

Read more May 6, 2024 at 4:35 pm The Economic Times

L&T Finance replaced SBI as the biggest renewable energy financier in 2021:  Study 

The fifth edition of Coal vs Renewable Financial Analysis, authored by Climate Trends and Centre for Financial Accountability (CFA), was released at CFA’s annual energy finance conference hosted in collaboration with IIT Madras on Tuesday. ...

Read more December 13, 2022 at 5:55 pm The Economic Times

Green advocates praise Budget 2020, concerns on fund allocation

In her speech, she highlighted the need to shut down old coal plants. India has about 48GW worth of coal power plants that are old and don’t comply with the new emission standards. New...

Read more February 7, 2020 at 5:20 pm The Economic Times

Renewable Energy Projects Captured 80% of all Energy Financing in India in 2018

In 2018, a total of 49 renewable energy projects with a combined capacity of 4.7 Gw obtained loans of Rs 24,442 crore New Delhi: Lending to coal-fired power plants in India slumped 90 per...

Read more August 16, 2019 at 11:59 am The Economic Times

Can Norway’s Oil, Gas Divestment Encourage India’s Leapfrog Into Solar?

Given that India is building many of the world’s biggest solar parks and also harbours high wind power ambitions, there is no reason to waste precious foreign currency on imported gas or thermal coal...

Read more March 24, 2019 at 10:41 am The Economic Times

Cut Out Taking Those Shortcuts

This February, in a landmark decision, the US Supreme Court ruled that financial institutions like the World Bank’s International Finance Corporation (IFC) are not immune from the law of land, and can be held...

Read more March 14, 2019 at 4:25 pm The Economic Times

From Paris to Bangladesh, How the Climate-Change Accord is Imploding

The onslaught of a new power plant on the fragile ecology of the Sunderbans is fresh proof of the futility of climate reforms. We bring you a ground report. Until two years ago, 28-year-old...

Read more January 9, 2019 at 11:49 am The Economic Times

How We’re Legalising the ‘Bezzle’

Much has been written about the nonperforming asset (NPA) crisis plaguing the Indian banking system. The Insolvency and Bankruptcy Code (IBC) has been widely hailed as the silver bullet. But it has arguably done...

Read more December 21, 2018 at 1:10 pm The Economic Times

Indian State-run Banks Financed more Coal than Renewable Energy in 2017: Study

The report, prepared by Delhi-based Centre for Financial Accountability (CFA), finds that coal received Rs 60,767 crore ($9.35 billion) in lending whereas renewable energy received Rs 22,913 crore ($3.50 billion). New Delhi: A majority...

Read more June 19, 2018 at 3:35 pm The Economic Times

Government Banks Continue to Fund Coal Projects in India: Report

A majority of government-owned banks and financial institutions continued to fund coal projects in India in 2017, an analysis of energy project lending said on Tuesday. It also reveals that comparatively, private financial companies...

Read more June 19, 2018 at 2:16 pm The Economic Times

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