Tag: Refutes
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MNRE Refutes Claims of Suspension in Green Energy Financing Due to Overcapacity Issues
New Delhi: Amid significant overcapacity concerns that India is facing, the Ministry of New & renewable Energy (MNRE) on Sunday dismissed the reports of issuing any advisory to lenders to pause fresh financing to renewable energy projects. The ministry, however, called for calibrated and well-informed financing across the solar manufacturing ecosystem to drive sustainable industry…
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Centre Refutes Claims of Advisory to Curb New Clean Energy Financing
India’s clean energy ministry on Sunday said it had not issued any advisory to pause or halt new financing for the sector. The clarification came after Reuters reported on Friday that the ministry had urged lenders to proceed slowly in financing new solar module plants because supply had exceeded demand. The clean energy ministry’s letter…