The global oil and gas company, BP, has announced that it will invest $70 million in India’s Green Growth Equity Fund (GGEF). This will help BP become a limited partner in GGEF along with representation […]
Inox Wind has announced its financial results for the fourth quarter of the financial year ended March 31, 2020. The company has reported a revenue of Rs 1,967.4 million, which is an increase over the […]
Hindustan Zinc, a subsidiary of the Vedanta Group is planning to sell its wind energy assets of 273 MW, valued at around Rs 15 billion. The wind projects are located across various states, having power […]
Sterling and Wilson has announced its financial results for the fourth quarter of the fiscal year ended March 31, 2020. The company has reported a revenue of Rs 21,205 million, which is a 79 per […]
Adani Green Energy Limited plans to raise up to $12 billion by selling green bonds over the next four to five years. The company expects to raise $2-3 billion annually from the sale of these […]
Central Electronics Limited has invited bids for the supply of 300,000 multicrystalline solar cells of wattage more than 4.52 W. As per the tender, the size of the cells must be 156.75 x 156.75 mm […]
Adani Green Energy Limited plans to raise up to $12 billion by selling green bonds over the next four to five years. The company expects to raise $2 billion-$3 billion annually from the sale of […]
Azure Power has announced its financial results for the fourth quarter of the fiscal year ended March 31, 2020. The company has recorded a revenue of Rs 3,675 million, which is a 29 per cent […]
The Power Finance Corporation (PFC) has incorporated five special purpose vehicles as wholly owned subsidiaries of PFC Consulting, a subsidiary of PFC. This has been done for the development of transmission projects. The companies are […]
The power sector lender Power Finance Corporation (PFC) has incorporated five special purpose vehicle (SPV) companies as wholly-owned subsidiaries of PFC Consulting, a subsidiary of PFC. This has been done for development of transmission projects. […]
ZunRoof, an Indian start-up in the rooftop solar segment, has received Series A funding of $3 million from Godrej Investment Office. This is the second round of investment by Godrej after its $1.2 million investment […]
Sterling and Wilson Solar Limited, a solar engineering, procurement and construction company, has received Rs 5 billion towards the outstanding loans from its parent company, Sterling and Wilson Private Limited, and its subsidiary, Sterling and […]
ZunRoof, an Indian start-up in the rooftop solar segment, has received Series A funding of $3 million from the Godrej Investment Office. This is the second round of investment by Godrej after its $1.2 million […]
Fourth Partner Energy,has received a loan of Rs 5 million from Grameen Impact India, a non-banking finance corporation registered under the Reserve Bank of India, towards its Power@1 programme for 18 months. The company will […]
Caisse de dépôt et placement du Québec (CDPQ), one of Canada’s leading institutional investors, has acquired an additional 717,701 shares from a shareholder of Indian independent power producer Azure Power Global Limited. According to the […]
Mahindra & Mahindra Limited’s subsidiary, Mahindra Renewables Private Limited (MRPL), has agreed to sell its entire stake in three subsidiaries to CLP India Private Limited (CLP) for around Rs 3.40 billion. The three subsidiaries include […]
Total, a French oil and gas major, has entered into an agreement with Adani Green Energy Limited (AGEL) to acquire a 50 per cent stake in a joint venture company for $510 million. The agreement […]
Swedish private equity company EQT Infrastructure and Singapore-based holdings company Temasek have announced the launch of O2 Power, a renewable energy platform in India. O2 Power aims to develop 4 GW of solar and wind […]
Bank of America plans to lend Rs 3.56 billion to Fourth Partner Energy to help the latter enhance its solar portfolio in the country by 150 MW over the next year and a half. This […]
The International Finance Corporation, the financial arm of the World Bank, will lend $36 million for a 250 MW solar project to be set up by Mahindra Renewables Private Limited, a subsidiary of Mahindra Susten, […]
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