CDC Group Plc, the UK government’s development finance institution, is planning to set up its own renewable energy platform focussed on east India and neighbouring countries.

This dedicated platform will focus on eastern states such as Bihar, Odisha and Assam, and also set up clean energy projects in neighbouring countries such as Bangladesh, Nepal and Myanmar.

The development finance institution plans to leverage its experience in running Globeleq Africa, a company in which it acquired a majority stake in 2015, for green energy investments in India and the region. Globeleq has a 1200MW power generation capacity spread across Côte d’Ivoire, Cameroon, Kenya, South Africa and Tanzania.

Read more from here.