AGP Executive Report
Last update: 10 hours agoRenewables Finance: Avaada Group secured about $1.3 bn financing for a 2,150 MW renewable portfolio (1.35 GW hybrid, 800 MW solar) for supply to MSEDCL and GUVNL, backed by SBI, REC and Canara Bank. Clean Mobility: Olectra Greentech says it has deployed 4,000 electric buses nationwide, handing over 297 to Himachal’s HRTC. Power & Industry: Tata Power Renewable Energy started an 800 MW (400 MW solar + 400 MW wind) project in Andhra Pradesh, with Suzlon handling wind EPC and a 25 MW/50 MWh BESS. Water Supply Watch: Mumbai’s seven lakes hold 88.58% of live storage (12,82,029 ML of 14,47,363 ML). Critical Minerals Push: Grant Thornton Bharat outlines a roadmap to strengthen India’s critical minerals value chain via policy, recycling, financing and partnerships with 11+ countries. R&D Spending: India’s GERD hit a record Rs 2.45 lakh crore in 2023-24; private sector leads. Capital Markets & Consumer Finance: Manipal Health’s $960.4 mn IPO is fully subscribed on strong institutional demand; Paisabazaar’s free credit score checks crossed 60 million users. Policy & Energy Security: Govt defended ethanol blending, saying foodgrain use prioritises PDS/NFSA and only surplus goes to ethanol.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.