In Short : The Asian Development Bank (ADB) and the United Nations have partnered to design climate insurance solutions for businesses in Fiji. The initiative aims to provide financial protection against climate risks, ensuring resilience for enterprises impacted by natural disasters. This collaboration will strengthen Fiji’s economic stability while promoting sustainable development and supporting vulnerable […]
Redington and Eastman Partner to Strengthen Domestic Solar Supply Chain Across India – EQ
In Short : Redington has partnered with Eastman Auto & Power to strengthen the distribution of Made-in-India solar components across the country. The collaboration will focus on delivering solar inverters, batteries, and other key components, supporting India’s push for renewable energy self-reliance. This tie-up is expected to enhance domestic solar supply chains and improve accessibility […]
ADB and GCF Partner to Launch Clean Energy Financing Program in India – EQ
In Short : The Asian Development Bank and Green Climate Fund have launched a \$200 million India Green Finance Facility to boost clean energy investments. Targeting green hydrogen, round-the-clock renewables, biogas, and rural e-mobility, the program will channel funds through Indian DFIs. It includes a \$65 million credit guarantee to support smaller developers and aligns […]
Hexa Climate and Asvata partner for the launch of afforestation project in West Bengal – EQ
Under the project, 500,000 trees will be planted to revive fallow land into a thriving forest. Gurugram & Mumbai – Hexa Climate, a portfolio company of I Squared Capital, and Asvata, the carbon credit venture of RPG Group, announce the launch of a pioneering afforestation project in Purulia, West Bengal. The project, which aims to […]
Aerem Solutions and OMC Power partner to enable ₹200 Crore financing for Solar Rooftop Adoption by MSMEs – EQ
~The partnership creates the opportunity for MSMEs in Uttar Pradesh to access Solar finance through device financing~ Mumbai – Aerem Solutions and OMC Power have entered into a strategic partnership to unlock ₹200 crore in financing for rooftop solar solutions targeted at India’s Micro, Small, and Medium Enterprises (MSMEs) in Uttar Pradesh. The collaboration is […]
Andhra govt Schneider Electric partner to strengthen skill training ecosystem – EQ
In Short : The Andhra Pradesh government has partnered with Schneider Electric India Foundation to enhance the state’s skill training ecosystem. By 2027, 20 advanced training labs will be established in ITIs, polytechnic colleges, and NAC centers, focusing on electronics, green energy, and automation. Schneider Electric will invest ₹5 crore in training resources, aiming to […]
Swaraj Tractors and Mahindra Susten Partner to Develop Punjab’s Largest Solar Group Captive Project – EQ
In Short : Swaraj Tractors and Mahindra Susten are developing Punjab’s largest 26 MW solar group captive project in Bathinda. The initiative will power Swaraj’s manufacturing units, cutting CO₂ emissions by 54,600 tonnes annually. This marks a major step in green energy adoption for tractor manufacturing, aligning with Mahindra’s sustainability goals and expanding Mahindra Susten’s […]
Long-time Luthra Banking & Finance Partner Karan Mitroo leaves to join JSA – EQ
Luthra and Luthra Partner Karan Mitroo is leaving the firm to join JSA as an Equity Partner. Mitroo is joining JSA along with a team of 15 attorneys inclusing three Partners – Purvi Dabbiru, Kartikeya Dubey and Ankita Parasar. Mitroo has over 17 years of experience and specializes in rendering advisory and legal assistance in […]
Datta Power Infra and SJVN Partner to Launch 70 MW Wind Energy Initiative – EQ
In Short : Datta Power Infra and SJVN have signed a Power Purchase Agreement (PPA) to develop a 70 MW wind energy project. This initiative supports India’s renewable energy goals, aiming to reduce carbon emissions and enhance clean power generation. The partnership highlights the role of public-private collaborations in driving sustainable energy projects and advancing […]
ADB and World Bank Partner on Full Mutual Reliance Framework to Enhance Development Effectiveness – EQ
In Short : The Asian Development Bank (ADB) and the World Bank have launched a Full Mutual Reliance Framework (FMRF) to streamline co-financed projects. This agreement enhances efficiency, reduces duplication, and accelerates project implementation by trusting each other’s processes. It aims to improve development impact, cut bureaucracy, and boost co-financing opportunities for sustainable growth in […]