IREDA has sanctioned a Rs.200 crore term loan to a major renewable developer for a 65.7 MW solar photovoltaic project across 11 locations in Uttar Pradesh. The deal advised by CMS IndusLaw aims to boost clean energy capacity.
The Delhi High Court has issued a contempt notice to BluSmart, Gensol, and others for allegedly violating a court order regarding 10 Tata Tigor EVs. Shefasteq claims the companies obstructed efforts to locate the vehicles and failed to provide required information. Legal proceedings involving Gensol have escalated amid serious allegations from SEBI.
