India’s energy landscape is undergoing a shift, signaled not by a loud proclamation, but by the quiet filing of corporate documents. Adani Power based in Ahmedabad, Gujarat, has officially entered the nuclear sector, establishing Adani Atomic Energy Ltd (AAEL) as a wholly-owned subsidiary. AAEL's primary business will consist of generating,...
India Seeks Private Investment in Nuclear Energy Sector
India is pursuing a new strategy to significantly boost its nuclear power generation capacity by inviting major private companies to invest up to $26 billion in the nuclear energy sector, according to Reuters. "This marks the first time the government is seeking private investment in nuclear power, a non-carbon emitting...
India tops Global Project Finance list 2009
The global financing storm hurt some more than others. According to Project Finance International he world's top Initial Mandated Lead Arranger of project financing in 2009 was the State Bank of India's SBI Capital Markets which loaned almost $20 billion for domestic financing projects. IDBI Bank of India was ranked...