News

European Investment Bank to Support TenneT’s Expansion in Bavaria

desk3October 20, 2022November 24, 2022

October 20, 2022November 24, 2022

The Ostbayernring transmission route would be significant in terms of generating electricity from renewable sources like wind power and photovoltaics. The association between EIB and Tennet is quite longstanding. October 20, 2022 The European Investment Bank (EIB) will grant a EUR 450 million senior loan to electricity transmission system operator......

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Sterlite Power bags INR 440 Crore Funding for Nangalbibra-Bongaigaon Transmission project

desk3March 8, 2022March 9, 2022

March 8, 2022March 9, 2022

In the NBTL transmission project, more than 1000 MW of power will be transmitted from Assam to Meghalaya. Sterlite Power had taken over the NBTL SPV for the execution of the inter-state power transmission system project in December 2021. March 8, 2022 Sterlite Power Transmission Ltd., has secured INR 440......

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Prysmian Group to take up new R&D projects in Telecom and Power Sector with support from EIB

desk3February 18, 2022March 2, 2022

February 18, 2022March 2, 2022

The financing represents about half of the investments Prysmian Group has planned in Europe through 2024. February 18, 2022 Prysmian Group has announced the finalisation of the financing of EUR 135 million (~USD 153.68 million) from the European Investment Bank (EIB). The funding is primarily aimed at supporting the Group’s......