A new analysis of energy project lending in India shows that majority of government-owned banks and financial institutions continued to fund coal projects in 2017. The same analysis also reveals private financial companies are...
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...
India Wants More Renewables, but its Banks are Pouring Billions into Coal Even as the Narendra Modi government pushes for renewable energy, Indian financiers are backing coal-based power projects. Around 73% of all funding...
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...
June 19, 2018 – A new analysis of energy project lending shows that majority of government owned banks and financial institutions continued to fund coal projects in 2017. The same analysis also reveals private...
This report identified and reviewed project finance lending to 72 energy projects, comprising coal-fired power stations and renewable energy generation facilities in India that reached financial close in 2017. These projects attracted total lending...
We all know of the killing impacts of coal based power plants – from the massive air pollution, from water contamination and from the dirty coal mines. As per the “State of Global Air...
August 23, 2017, New Delhi: “The corruption in the power sector is in the tune of over one lakh crore,” said senior journalist and author Paranjoy Guha Thakurta. The former editor of EPW and...
A group of civil society organisations, which has reviewed, and analysed the 2017 draft of the National Energy Policy (NEP), submitted its comments and suggestions from the financial perspective for improving the draft of...
