reliance

India’s Reliance bags US$46 million funding from IREDA to finance renewables

October 10, 2017

A subsidiary of Reliance Capital, part of major Indian conglomerate Reliance Group, has signed an agreement to obtain INR3 billion (US$46 million) in funding from the Indian Renewable Energy Development Agency (IREDA) for lending to renewables and energy efficiency projects.

Delhi utility BSES to procure 700MW of clean energy including solar

January 7, 2016

Delhi-based private distribution company (Discom) BSES, which is backed by Indian conglomerate Reliance Infra, plans to procure 700MW of clean energy including solar power using a reverse auction process.

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