Shell Overseas Investment B.V., a wholly owned subsidiary of Shell plc (Shell), has agreed to acquire a 100 per cent stake of Solenergi Power Private Limited and the Sprng Energy group of companies for $1.55 […]
The Cabinet Committee on Economic Affairs chaired by the Prime Minister has approved the investment of Rs 45.26 billion for 540 MW Kwar Hydro Electric Project located on river Chenab, in Kishtwar district of Union […]
Grid Corporation of Odisha (GRIDCO), a public sector undertaking of Odisha state government has signed a power sale agreement (PSA) with NTPC in Bhubaneswar for the purchase of clean energy. Under the PSA, GRIDCO would […]
Tata Power has entered into a contractual agreement with a consortium led by BlackRock Real Assets, which includes Mubadala Investment Company, to invest in Tata Power Renewable Energy Limited (TPREL), a subsidiary of Tata Power. […]
Bharat Petroleum Corporation Limited (BPCL) has announced that it will invest Rs 2 billion to ramp up electric vehicle (EV) charging infrastructure in India. BPCL will set up 100 fast EV charging corridors having 2,000 […]
ReNew Power, India’s leading renewable energy company, has announced a strategic partnership with Mitsui & Co Limited, a global general trading and investment organisation. Mitsui will acquire 49 per cent of the stake in ReNew […]
Greenko Wind has raised $750 million for an energy storage plant in Andhra Pradesh through a global bond offering. Following the start of roadshows, the company was able to secure pricing of 5.50 per cent […]
The Indian Renewable Energy Development Agency Limited (IREDA), India’s largest lender in the renewable energy industry, has approved a loan of Rs 2.67 billion to BluSmart Mobility for the purchase of 3,000 all-electric automobiles in […]
Vikram Solar Limited, one of India’s leading module manufacturers, has filed its draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI). According to a company statement, the Initial Public Offer (IPO) […]
Ola Electric has invested in StoreDot, an extreme-fast charging EV battery developer based in Israel and has planned to set up a cell gigafab in India. With the investment, Ola Electric will gain access to […]
Adani Green Energy Ltd (AGEL) has extended its construction financing framework to $1.64 billion by raising a $288 million facility for its under-construction renewable asset portfolio through definitive agreements signed with a group of leading […]
The International Finance Corporation (IFC) will finance a 600 MW solar power park that is coming up in the state of Uttar Pradesh. TUSCO, a joint venture between THDC India and the Uttar Pradesh New […]
Bharti Airtel has acquired a 9 per cent stake in renewable energy firm Avaada Clean TN Project, a special purpose vehicle founded for the aim of owning and operating captive power plants, for about Rs […]
Avaada Energy, India’s leading solar project developer, has announced that it will raise Rs 14.4 billion in green bonds in the Indian capital market at a rate of 6.75 per cent, making it the country’s […]
Godawari Green Energy Limited (GGEL) has signed a share purchase agreement with Virescent Renewable Energy Trust (VRET) for the sale of a 50 MW solar thermal power facility owned by GGEL. The overall transaction value […]
Azure Power has announced the successful refinancing of its existing project finance facility of Rs 23.50 billion, which was used to build the company’s largest project of 600 MW. This solar project is connected to […]
SunSource Energy, a solar power firm, has entered into a project financing agreement with SunFunder, an international solar finance company, with an investment to enable its growth in Southeast Asia. The investment will be used […]
Torrent Power Limited, a Gujarat-based power company, has entered into a share purchase agreement with Blue Diamond Properties and Balrampur Chini Mills to acquire 100 per cent of the equity share capital of Visual Percept Solar […]
Leading pharmaceutical company Cipla has signed an agreement to acquire nearly a third of AMP Energy Green Eleven. The move aims to establish a solar power facility in Maharashtra that would be entirely self-contained. In general, captive generation […]
Virescent Renewable Energy Trust (VRET), a leading Indian renewable energy platform sponsored by global investment firm KKR, has raised Rs 6.5 billion through a domestic bond issuance that included tranches of 7.33 years (Rs 1.5 […]
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