Tag: Renewable
-
Emkay Projects 48% Upside for Waaree Energies: A Renewable Energy Investment Analysis
Emkay Global initiated coverage on Waaree Energies with a ‘Buy’ rating and a March 2027 target price of Rs 4,260, implying about 48 per cent upside. The brokerage valued the company’s core photovoltaic manufacturing business at 14 times March 2028 enterprise value-to-Ebitda. Emkay Global said India’s solar-manufacturing ecosystem had been supported by regulatory measures such…
-
Renewable Energy Ministry Clarifies No Lender Advisory Issued for Solar Financing
The Ministry of New and Renewable Energy (MNRE) on Sunday dismissed reports suggesting it had asked lenders to halt financing for renewable energy projects, saying no such advisory has been issued to financial institutions, PTI reported.In a statement, the ministry said it has not directed banks or other lenders to stop extending loans to renewable…
-
MNRE Clarifies No Halt on Renewable Finance: Rediff Moneynews
MNRE clarifies it hasn’t advised financial institutions to halt lending to renewable energy projects or manufacturing. New Delhi, Dec 7 (PTI) The Ministry of New & Renewable Energy on Sunday clarified that it has not issued any advisory to financial institutions to stop lending to renewable energy projects or to RE equipment manufacturing facilities. This…
-
Government Affirms Ongoing Support for Renewable Energy Financing
The Ministry of New and Renewable Energy on Sunday moved to dispel speculation regarding restrictions on financial support for renewable energy initiatives, mentioning that no directive has been issued to halt lending for green energy ventures. India’s renewable energy sector continues its robust expansion, with non-fossil fuel sources now accounting for half of the nation’s…