The Tamil Nadu government and Leap Green Energy Private Limited have signed a MoU for development of 250 MW wind power plant in the state of Tamil Nadu. According to the MoU, Leap Green Energy […]
Petroliam Nasional Berhad (Petronas) is in talks with I Squared Capital to acquire majority stake in Amplus Energy Solutions Private Limited. The value of the transaction is expected to be about Rs 27 billion. Currently, […]
Adani Green Energy Limited (AGEL) has acquired the remaining 51 per cent equity share capital of Kodangal Solar Parks Private Limited (KSPPL) from FS India Devco Private Limited in the 20 MW Bagewadi solar power […]
Reliance Industrial Investments and Holdings Limited has signed an agreement to acquire an 88 per cent stake in Kanoda Energy Systems Private Limited (KESL). Currently, all statutory approvals for the investment have been approved and […]
CLP India Private Limited has completed the acquisition of Tornado Solarfarms Private Limited, an SPV set up by Suzlon Energy for the implementation of a 70 MW solar PV project in Maharashtra. Earlier, CLP had […]
The Shapoorji Pallonji Group is planning to raise Rs 1 billion by selling 30 per cent stake in its solar engineering arm, Sterling & Wilson. The funds will be raised through a pre-listing stake sale […]
Hero Future Energies is likely to acquire solar power assets worth Rs 5 billion-Rs 5.5 billion from Waaree Energies Limited. Currently, Waaree Energies has a 100 MW portfolio as an independent power producer, of which […]
The National Bank for Agriculture and Rural Development (NABARD) has signed an agreement worth Rs 7,130 million with the Green Climate Fund to support private sector initiatives for the creation of rooftop solar energy across […]
Hero Future Energies is likely to acquire solar power assets from Waaree Energies Limited. The value of the transaction is expected to be about Rs 5 to 5.5 billion. Currently, Waaree Energies has a 100 […]
The National Bank for Agriculture and Rural Development (NABARD) has signed an agreement worth Rs 7,130 million with Green Climate Fund (GCF) to support private sector initiatives for creation of rooftop solar energy across India. […]
CLP India Private Limited has completed the acquisition of Tornado Solarfarms Private Limited, a special purpose vehicle (SPV) set up by Suzlon Energy for the implementation of 70 MW solar photovoltaic project in Maharashtra. Earlier, […]
Shapoorji Pallonji Group is planning to raise Rs 1 billion by selling 30 per cent stake of its solar engineering arm, Sterling & Wilson. The funds will be raised through a pre-listing stake sale followed […]
The World Bank has signed an agreement with the state government of Jharkhand and the central government to give a loan of Rs 21.7 billion for a 25 year period. The loan will be dispersed […]
Ontario-based Canadian Solar has acquired the 51 per cent stake it didn’t already own in two solar power ventures with Suzlon Group. Suzlon and Canadian Solar had entered into a joint venture in 2016 for […]
The central government and Asian Development Bank (ADB) signed loan agreement to support lending by India Infrastructure Finance Company Limited (IIFCL). The loan worth Rs 21.56 billion was signed to fund at least 13 sub-projects […]
The REC Limited, which was formerly known as the Rural Electrification Corporation of India, has raised an amount of $700 million through an initial foray of its $5 billion global medium-term-note (GMTN) program into the […]
Tata Power has reported a 13 per cent increase in its revenue during the first half of the financial year 2018-19. Reportedly, the increase has attributed to the company’s growing renewable energy business, profits through […]
The Canada Pension Plan Investment Board (CPPIB) is in talks to acquire Goldman Sachs’s stake in ReNew Power Limited. Goldman Sachs is planning to sell around 20 per cent stake through private sale. Goldman Sachs […]
ThomasLloyd, an investment and advisory firm working in the Asian infrastructure sector, has announced the acquisition of a significant stake in SolarArise India Projects Private Limited. This is the company’s first renewable energy investment in […]
Greenko Energy Holdings has signed a definitive purchase agreement with Skeiron Green Renewables to acquire 385 MW of the latter’s wind power projects at an enterprise value of about Rs 35 billion. The deal is […]
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