GRIDCO to acquire 200 MW of solar power from NTPC

April 20, 2022

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 […]

Vikram Solar files for an IPO

March 24, 2022

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) […]

Adani Green raises USD 288 million construction financing

March 21, 2022

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 […]

Virescent to buy a 50 MW solar thermal facility  

February 24, 2022

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 […]

SunSource secures financing from SunFunder

February 21, 2022

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 acquires Visual Percept Solar Projects

February 11, 2022

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 […]

Cipla acquires 32 per cent stake AMP Energy Green Eleven

February 7, 2022

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 […]

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