BII, FMO Provide $50 Mn for BECIS Renewables

19 Apr 2024 CW Team

Bharat International Infrastructure (BII) and Dutch development bank FMO have collaborated to extend a joint financing facility of $50 million to BECIS for renewable energy projects in India and Southeast Asia. This partnership underscores the commitment of both entities to support sustainable energy initiatives in the region.

The financing facility will enable BECIS to accelerate its renewable energy projects and contribute to the transition towards clean energy in India and Southeast Asia. With a focus on solar and wind power projects, BECIS aims to leverage the funding to expand its renewable energy portfolio and address the growing demand for clean electricity.

BII and FMO's collaboration highlights the importance of international cooperation in driving sustainable development and combating climate change. By combining their expertise and financial resources, the two institutions are poised to catalyze the growth of renewable energy infrastructure and promote environmental sustainability in the region.

Furthermore, the financing provided by BII and FMO underscores the attractiveness of the renewable energy sector for investors seeking sustainable and profitable opportunities. The joint facility not only facilitates the expansion of BECIS's renewable energy footprint but also contributes to the achievement of India and Southeast Asia's renewable energy targets.

Overall, the partnership between BII, FMO, and BECIS exemplifies the concerted efforts of stakeholders towards promoting renewable energy adoption and fostering sustainable development in the region. By investing in clean energy projects, the collaboration aims to create long-term value while mitigating the impacts of climate change.

Real Estate

30 Jul 2026

AI: The New Recruit

From getting ideas to evaluating designs, presenting concepts to clients and tracking projects, artificial intelligence (AI) is helping architects work better and faster.“AI allows architects to spend more time doing what only they can do: think critically, synthesise complexity and design with intent,” says Dikshu C Kukreja, Managing Principal, CP Kukreja Architects. “Every minute reclaimed from repetitive processes can be invested in creativity, contextual understanding, interdisciplinary collaboration and innovation – the qualities that define meaningful architecture.”To read the ..

Redevelopment 2.0

In 2017, Mumbai identified 160,000 ageing buildings due for structural audit. Close to half of these were in the Western Suburbs. Redeveloping the oldest and structurally weakest of these would help unlock new housing, much needed given the city’s growing population density and constant developed area of 437.7 sq km. At 30,600 people per sq km in 2024, Mumbai’s density was almost thrice that of Gurugram, and 60 per cent higher than Bengaluru’s.Essentially, Mumbai’s realty market has demand. It has capital. It has realty development potential.Fast forward to 2026. Mumbai has 1,094 regis..

Cost intelligence will become a strategic contributor to project success

As India's construction industry accelerates its digital transformation, integrated platforms, AI and connected data are becoming essential to improving cost certainty, project efficiency and sustainability. Ravi Kumar, Sales Director – India, RIB Software India, shares how digital workflows are reshaping project planning, commercial management and decision-making across the construction value chain.India's construction sector is embracing digital technologies at an unprecedented pace. From your perspective, what are the biggest shifts driving this transformation and how is RIB Software enab..