Hygenco Green Energies has raised $105m in equity financing from the International Finance Corporation (IFC), Siemens Financial Services, and the Fullerton Carbon Action Fund to support the development of green hydrogen and ammonia projects in India. The India-headquartered firm said the three investors will provide “financial depth, commercial discipline, and industrial backing” to support…
Staff Writer Abu Dhabi Investment Authority (ADIA) is among a number of Indian and global companies who have invested in Indian renewable energy company ACME Solar Holdings’ 28 billion Indian rupee ($292.7 million) qualified institutions placement (QIP). This is ACME Solar’s first capital raise since its listing on the Indian stock exchanges in 2024, the…
India is prepared to manage global disruptions in oil and has fuel reserves equivalent to 76-80 days of consumption, union minister of petroleum and natural gas Hardeep Singh Puri said. Hardeep Puri said that the government had already been looking at diversified sources for exports outside the Gulf region (Bloomberg Photo) In an exclusive interview…
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India’s Sports Minister, Mansukh Mandaviya, joined the “Fit India Sundays on Cycle” initiative in New Delhi to mark World Bicycle Day. The event brought together several prominent personalities from the fields of sports, fitness and entertainment to promote the message of health, fitness and well-being. Similar cycling events were organized at approximately 10,000 locations across…
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ISTANBUL: Four Indian sailors who were stranded for 10 months on an abandoned container ship off the coast of Turkiye have finally been taken off the vessel, an inspector told AFP on Monday. The four Source link
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The Reserve Bank of India’s use of a key tool for defending the rupee has passed the $110 billion mark in recent weeks to a new record, according to people familiar with the developments. Source link
