Indian gasoline technology firm sees rumoured $204m deal

An Indian infrastructure fund has reportedly initiated early talks to accumulate a 49.5% stake within the ONGC Tripura Energy Firm (OTPC). Indian government-owned The Nationwide Funding and Infrastructure Fund (NIIF) has reportedly supplied a deal valued at $204m (Rs15bn). OTPC owns a 726.6MW pure gas-based …

Australian state pledges $364m fund for renewable growth

The Australian state of Queensland has pledged to determine an AUD$500m ($364m) fund for renewable power growth and as much as 16GW of era. The fund comes as a part of the state’s restoration from the preliminary impression of the Covid-19 pandemic. Queensland Authorities treasurer …

Dubai photo voltaic park fifth section reaches monetary shut

Privately owned Saudi utilities firm Acwa Energy has introduced finishing the signing of all financing agreements for the 900MW Shuaa Power 3 photo voltaic photovoltaic (PV) undertaking, which kinds the fifth section of the Mohammed bin Rashid al-Maktoum (MBR) photo voltaic park in Dubai. Shuaa Power 3 PSC …