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Hong Kong's CLP Group, the largest overseas investor in power in India, wants a piece of the country's solar energy action. CLP (formerly China Light & Power), is finalising its solar debut through an acquisition. It's local arm is in advanced negotiations to buy stakes in a 100 MW solar park project in Telengana from Suzlon Energy.

The board of World Bank has approved a $625-million loan to support the Centre’s programme to generate electricity from rooftop solar power plants. The Bank also approved a co-financing loan of $120 million on concessional terms and a $5-million grant from the Climate Investment Fund’s Clean Technology Fund, the global development bank.

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