CleanMax Enviro Energy Solutions Limited (CleanMax) will open the bids for its initial public offering (IPO) of equity shares on February 23, 2026. The IPO will comprise a fresh issue of up to Rs 12 […]
Saatvik Cleantech EPC Private Limited, a fully owned subsidiary of Saatvik Green Energy, has inked a share purchase agreement (SPA) to acquire a 49 per cent equity stake in Intelligent Hydel Solutions Private Limited. The […]
Vikram Solar has inked an agreement to renew and enhance its existing working capital facilities. The enhanced facilities, extended by a consortium of lenders, amount to Rs 32 billion. According to the terms of the […]
Power Grid Corporation of India Limited (POWERGRID) has completed the acquisition of Bellary Davanagere Power Transmission Limited (BDPTL), the special purpose vehicle set up for the transmission project in Karnataka. The project aims to facilitate […]
Adani Energy Solutions Limited has bagged long-term financing from a consortium of Japanese banks for its flagship high-voltage direct current (HVDC) transmission project. The financing was led by Japanese banking partners MUFG Bank Limited and […]
Radiance Renewables Private Limited has raised $100 million in equity investment from Impact Fund Denmark and the Dutch entrepreneurial development bank FMO. Impact Fund Denmark is investing $50 million in the company through the Danish […]
PFC Limited has acquired 52.63 per cent of the Government of India’s stake in Rural Electricification Corporation (REC) Limited. This move comes as a response to the announcement made in the Union Budget 2026-27, where […]
A consortium comprising Electric Power Development Co., Ltd. (J-POWER), Aboitiz Renewables, Inc., and Sumitomo Corporation have completed the acquisition of the CBK Hydroelectric power plants in the Philippines following their win in the privatisation bid […]
Axis Bank has launched rooftop solar finance, a tailored financing solution to support micro, small, and medium Enterprises (MSMEs) in transitioning to solar energy and optimising energy costs through energy self-reliance. Under the programme, MSMEs […]
JSW Neo Energy Limited, a wholly-owned subsidiary of JSW Energy Limited, has finalised the acquisition of Tidong Power Generation Private Limited from Statkraft IH Holding AS. The enterprise valuation is approximately Rs 17.28 billion. This […]
Greenko Group has secured a Rs 48 billion long-term loan from the National Bank for Financing Infrastructure and Development (NaBFID). The loan has a tenure of 25 years and has been arranged to refinance green […]
Inox Clean Energy, part of the INOXGFL Group, is raising Rs 34 billion through a 20-year loan from the National Bank for Financing Infrastructure and Development (NaBFID) to refinance existing debt following the acquisition of […]
Waaree Renewable Technologies Limited (Waaree) has inked a binding term sheet to acquire around a 55 per cent stake in Associated Power Structures Limited. The transaction is valued at approximately Rs 12.25 billion and includes […]
Dalmia Cement (Bharat) Limited, a wholly owned subsidiary of Dalmia Bharat Limited, has divested its entire 25.44 per cent stake in O2 Renewable Energy V, a special purpose vehicle of O2 Power. The transaction was […]
BluPine Energy Private Limited has raised a Rs 54 billion long-term loan from Axis Bank, with a repayment period ranging between 16 and 20 years. The financing carries an interest rate of about 7.7 per […]
Roadgrid has raised Rs 120 million in a pre-Series A funding from Inflection Point Ventures, with participation from several strategic and angel investors. The investor group included Venture Catalysts, FAAD Network, LetsVenture, Kamal Puri of […]
GreenTech has raised Rs 300 million in its maiden funding round. The funding round comprised a mix of equity and debt and was led by Transition VC. The company plans to use the funds to […]
Axis Energy has proposed an investment of Rs 317.5 billion in Odisha to develop large-scale renewable energy projects. The plan envisages a diversified portfolio of nearly 5 GW of clean energy capacity spanning wind, solar, […]
Shakti Pumps has invested Rs 30 million in its wholly owned subsidiary, Shakti Energy Solutions Limited. The investment will be used for the development of a solar DCR cell and photovoltaic module manufacturing facility in […]
Oriana Power has approved the issuance and allotment of non-convertible debentures (NCDs) amounting to Rs 750 million. The company will issue a total of 7,500 NCDs under the offering. Each debenture will be rated, unlisted, […]
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