Federal Bank partners with JCB India for equipment financing

Federal Bank has signed a Memorandum ofUnderstanding (MOU) with JCB India for financing equipment. As per thearrangement, Federal Bank is the preferred finance partner of JCB where JCB’scustomers can avail loans from Federal Bank at competitive interest rates forpurchasing a wide range of world-class equipment from the product line of JCBIndia Ltd. 

Shyam Srinivasan, Managing Director and CEO,Federal Bank said, “Today, we officially become the financing partner for JCBIndia. This partnership would prove to be hugely beneficial to a segment ofcustomers who are looking for easy finance options to take their businessforward. We are confident this association will help removebarriers between Bharat and Atmanirbhar Bharat.”


NEWS ----------SEPTEMBER 2018 Issue
Cygni Energy raises $6.4 Mn to power growth & expansion

Hyderabad-based Cygni Energy Pvt. Ltd., an innovative Solar-DC solutions start-up, has announced that it has raised funds of $6.4-mn through a combination of equity and debt. The equity funding is led by Endiya Partners, a leading early stage venture capital firm that invests in product start-ups, and the debt by IndusInd B   READ MORE...
Cosmos Solutions receives US$950-mn for new eco-friendly energy product
Cosmos Solutions Pvt. Ltd.’s patented new technology to generate more power from engines using micro controllers received a major green signal with a private equity of US$950-million from Linetrust Offshore Ltd. The Head of private equity of Linetrust ASEAN, Dr. Sailesh Lachu Hiranandani, who has spared no effort in promoting the development of renewable energy, assured Cosmos   READ MORE...
Black & Veatch bags IEDCL’s 41MW hybrid project
Black & Veatch has been selected to provide engineering expertise to IL&FS Energy Development Company Limited’s (IEDCL) 41 megawatt (MW) solar photovoltaic (PV), wind, and battery storage hybrid project in India. Core components of the project are 25 MW solar PV and 16 MW wind power generation systems, coupled to an optimised energy storage system.

Technical services for the