EDEN Renewables India gets $165 million funding for its 450 MWp solar project in Rajasthan

EDEN Renewables India has secured $165 million from DBS Bank Ltd, Standard Chartered Bank and Sumitomo Mitsui Banking Corporation (Singapore) for financing its 450-megawatt peak (MWp) solar power project in Rajasthan. “EDEN Renewables India (EDEN) has now successfully secured financial close for its Solar Energy Corporation of India (SECI) III solar PV project, with a group […]

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India’s guar seed exports declined in 2020; hoping for opportunities in 2021

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It has been a dismal story for Guar producers in 2020. Guar prices were already negative affected in 2019 by weak demand from global markets, and in 2020 the ongoing COVID-19 pandemic made the situation far worse for the Guar seed industry. Demand from the oil rig companies where usage of guar gum to extract oil is higher, halted. World markets had turned sluggish mainly because of a slump in demand […]

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Origo to unveil e-auction platform in February; planning to cover three more states

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Gurugram-headquartered agri-tech startup Origo Commodities, primarily known for post-harvest agriculture supply chain management specialization, is getting ready to add major digital components to its operations before the end of the current fiscal. Speaking with indoasiancommodities, Sunoor Kaul, Co-Founder & Director of the firm said the company is all set to unveil a dedicated e-auction and […]

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Corporate entities purchase directly from farmers at rates marginally higher than local mandi prices

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Traders and corporate houses are purchasing from farmers at rates marginally higher than the local mandi prices in the case of many crops such as paddy, bajra and soyabean. To say the very least, a part of the savings on mandi fees/taxes and arathiya commission are being passed on to farmers by them. Corporate buyers […]

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India’s Odisha and Rajasthan states push for renewable energy projects

In a bid to kick start agro-photovoltaic projects in Odisha, the Solar Energy Corporation of India (SECI) has recently signed a Memorandum of understanding (MOU) with Odisha Renewable Energy Development Agency (OREDA) to jointly develop the grid-tied agro-photovoltaic projects in the coastal state. The installation will be carried out in a manner that the same land […]

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