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India-Canada standoff could dent investments...

Recent developments in India-Canada relationship could...

India-Canada standoff could dent investments in renewables in India: Bernstein

Recent developments in India-Canada relationship could put some dent in Canadian investments in renewables in India, according to a report by Bernstein. Canadian funds have been instrumental in funding renewable projects in India till now. CPPIB (Canada Pension Plan Investment Board) has 53 per cent ownership of ReNew Power which has 8.4 GW operating capacity and another 5.3 GW in pipeline. CDPQ (Caisse de dépôt et placement du Québec) has 53 per cent stake in Azure Power and 21 per cent is held by OMERS (Ontario Municipal Employees...

India-Canada standoff could...

Recent developments in India-Canada relationship could put some dent in Canadian investments in renewables in India, according to a report by Bernstein. Canadian...