The clean energy is on the rise in every part of globe as both developed and developing nations are encouraging the clean and green energy within their boundaries. The private equity firms are also aiding this mission with their financial leverage. The recent news in this regard in India is the investment of a hefty sum in NSL Renewable Power. The investment of 20 million dollars has been offered by IFC. Like every single investment, this investment has been offered with the objective of business expansion and this sum of money will be used up to make wind and hydro power projects within different states like Himachal Pradesh, Karnataka and Maharashtra.

Although the invested amount seems to be high but the project that NSL is looking for is work 210 million dollars. NSL has decided to fund the entire project through private equity investments. Presently NSL produces almost 110 MW of electricity from its existing infrastructure. The power generation company has presently quite a few power plants that involve 2 biomass power plants producing 6 MW each, 2 wind power plant; one situated in Bhimasamudra produces 504 MW and the other is in Jagalur producing 47.5 MW. The company has some project on the tap as it has 2 medium scale power project as well as 2 medium scale power project plants under construction. The company has also plans to make 7 wind power plans in India.

The new investment deal will be a good boost for NSL as the power generation firm will be going few steps ahead to make its mission of making clean energy a grand success. Moreover, as the gas and oil prices are still rising steeply to war and consumption pressure, renewable energy will get more exposure because of laxed government regulations.