Sunborne Gets 1.4 Billion-Rupee Loan for India Solar Project…

According to reports, Sunborne Energy LLC, a solar power developer backed by billionaire Vinod Khosla, got a 1.4 billion- rupee ($30.6 million) loan to build a plant following India’s first auction of solar development permits. State Bank of Patiala, Canara Bank Ltd., Export-Import Bank of India and State Bank of Travancore agreed to the...

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National Electricity Fund planned for power sector reforms…

According to reports, Government is planning to set up a National Electricity Fund. The Fund will be utilized to assist the progress of transmission and distribution sector reforms.  As said by Shri Sushilkumar Shinde (Power Minister), the proposal for setting up of National Electricity Fund (interest subsidy scheme) to provide interest...

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