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24 May 2017
in
MFI/DFI

IFC to invest $40m in Tata Cleantech bonds

The International Finance Corporation (IFC) is set to provide up to $40 million in senior debt to Tata Cleantech Capital. IFC will subscribe to a senior debt instrument,...

23 May 2017

Opportunity of the day: VPower prepares financing structure for Amazon thermopower projects with Israel's Telemenia

VPower Group International Holdings Limited is preparing to open talks to structure financing for three thermal power projects intended to service remote communities in...

23 May 2017
in
ECA

Kia raising manufacturing project loan

Bank responses were due last week on a request for proposals by Kia Motors for funding to back construction of a new $1.1 billion production plant in Andhra...

23 May 2017

India proposes increased tax on solar cells

The government has decided to change the goods and services tax rate to 18% for solar cells. Coal is kept in the 5% tax band.

23 May 2017

PNOC and Osaka Gas discuss integrated LNG project

The state-owned Philippine National Oil Co. and Osaka Gas of Japan are holding talks about a proposed 200-megawatt LNG power plant and terminal.

23 May 2017

Lakdhanavi wins 114MW oil-fired power project

Bangladesh Power Development Board (BPDB) has awarded the $100 million heavy fuel oil project to the Sri Lankan company on a 15-year build own operate basis.

23 May 2017

Jordan Round 3 renewables tender pulls strong response

The response to Jordan’s Round 3 renewables tender, launched in December 2016, has been very strong, with over 20 bidding groups submitting offers. The tender...

23 May 2017

Oman plans for the future when PPAs expire

The Oman Power and Water Procurement Co (OPWP) expects independent power producers nearing the end of their PPAs to compete for the renewal of contracts. The Manah...

23 May 2017

Grid impact studies for three power projects in the Philippines

The applications of three power firms for assessment of the impact on the national grid for their planned power projects have been approved. The coal-fired power...

23 May 2017

Ma'aden signs MoUs with Alcoa and Mosaic

Saudi Arabian mineral developer Ma'aden is assessing the feasibility of an aluminium smelting expansion with Alcoa and further collaborations in the phosphate...

23 May 2017

Iran to tender mini LNG plants

The National Iranian Gas Company (NIGC) is looking to an initial small-scale LNG project with a view to extending the process across the country. German industrial gas...

23 May 2017
in
ECA

Comvex secures €33m loan for Constanta Port development

Raiffeisen Bank and EximBank Romania have each signed a €16.8 million loan agreement for the Cereal terminal project. The ten-year investment loan also comes with a...

23 May 2017

Noatum Ports set for expansion

Noatum Container Terminal Valencia (NCTV), a subsidiary of Noatum Ports, has closed a €275.5 million ($310.2 million) facility to refinance existing debt and fund a...

23 May 2017

Shell and Engie walk away from Kakinada LNG project

The two companies have been unable to make an investment decision without minimum sale guarantees for the FSRU import project in the Bay of Bengal. JV partner state-owned...

23 May 2017

Beijing link to £10bn Moorside nuclear project

Talks between representatives from the Chinese State Nuclear Power Technology Corporation (SNPTC), project developer NuGen and the trade body Nuclear Industry Association...

23 May 2017
in
ECA

Tanzania struggles to finance standard gauge railway

Tanzania is struggling to find financiers for its proposed $1.2 billion standard gauge railway. South Africa has been asked to help Tanzania secure low-interest loans...

22 May 2017

Opportunity of the day: FM Rodrigues open to talks with banks and suppliers for financing transmission projects

FM Rodrigues & Cia Ltda is open to talks with banks and suppliers regarding the financing of a $21 million transmission line project that it won in an April auction,...

22 May 2017

Galician road PPP refinanced

Sponsors of the €745 million ($837 million) 25-year availability-based Costa da Morte road concession – Copasa, CRC, Covsa and Taboada y Ramos - have...

22 May 2017

Uganda and Tanzania ink EACOP pipeline agreement

The leaders of the two countries have signed an expression of intent for the 1,400km East African Crude Oil Pipeline (EACOP) that will transport oil from the Hoima...

22 May 2017

ExxonMobil and SABIC sign agreement on Gulf Coast petrochemical complex

ExxonMobil and Saudi Basic Industries Corporation (SABIC) are to carry out a detailed study of the Texan joint venture. The agreement initiates the planning process for...