Zurich-based global investment and advisory firm, ThomasLloyd, solely dedicated to the infrastructure sector in Asia, acquired a significant stake in the Delhi-based solar project developer SolarArise India Projects Private Limited to become its largest shareholder. This is ThomasLloyd’s first renewable energy investment in India. With this acquisition, it will be...
Indian Government Opens Bidding for 3 GW of Solar Projects
India’s National Solar Mission seeks to deploy 20 gigawatts of grid-connected projects by 2022 in three phases. Currently, it plans to open up competitive bidding to add 3 gigawatts of grid-connected solar power projects. According to the draft, the minimum recommended project size is 10 megawatts, and the guidelines further...