September 10, 2023 As world leaders converged on New Delhi, India, for the highly anticipated G20 summit, the future of global energy was thrust into the spotlight. A two-day dialogue culminated in the G20 New Delhi Leaders’ Declaration, a robust manifesto detailing the collaborative vision of global giants. Here, we Read more…
The recently concluded G20 summit in New Delhi witnessed the monumental Delhi Declaration – a testament to the shared vision of global leaders in the realm of sustainable development and climate change. 1. Holistic Growth and Development: The Declaration underscores the profound understanding that the prosperity of both present and Read more…
India is forging a path towards a greener future with its Battery Energy Storage Systems (BESS) initiative. Union minister Anurag Thakur emphasized the nation’s dedication to this cause, highlighting the Viability Gap Funding (VGF) of ₹3,760 crore to support BESS. This funding is planned for disbursement in five tranches, each Read more…
A Prelude: The Intensifying Urban Waste Crisis Urban waste management remains a pressing concern in Indian metropolises, and Gurgaon stands as a testament to the urgent need for reforms. With an escalating urban population, the waste generation rates are projected to touch a staggering 125 million MT by 2031. The Read more…
With the increasing global emphasis on sustainable energy and environment protection, Battery Energy Storage Systems (BESS) powered by lithium-ion technology stand out as a promising solution. Especially in places like Delhi NCR, where the government’s recent clampdown on diesel generators has brought the importance of cleaner energy to the forefront, Read more…
Debt sculpting is a pivotal process in project finance, particularly when navigating solar projects with variable cash flows. When an entity seeks to establish a solar farm or embark on a major renewable energy endeavor, crafting a repayment strategy that aligns with the unique cash flow generated by that venture Read more…
The shift towards renewable energy is gaining momentum in India, with solar energy at the forefront of this transformation. The initiation and execution of solar energy projects, however, need substantial financial backing. This is where solar project financing becomes crucial in the Indian context. Traditional vs. Project Finance in India Read more…
Solar projects, with their potential to combat climate change and promote sustainable energy solutions, have gained traction across the globe. Particularly in India, with its abundant sunlight and increasing energy demands, solar projects play a pivotal role in shaping the nation’s energy landscape. However, financing these projects is a challenging Read more…
Amidst the global shift towards sustainable energy solutions, the financing framework of solar projects has garnered immense attention. Central to this framework is the Power Purchase Agreement (PPA), a foundational pillar in the realm of renewable energy. In this article, we’ll explore the critical role PPAs play in solar project Read more…
In the intricate realm of project financing, especially within the sphere of renewable energy projects like solar power, understanding the Debt Service Cover Ratio (DSCR) is paramount. This metric, distinct from its counterpart in corporate finance, is pivotal in assessing a project’s financial robustness and its aptitude to service the Read more…