CLP picks 49% stake in Suzlon's solar project

CLP picks 49% stake in Suzlon’s solar project

Anuradha Verma 1 year ago
CLP India Pvt. Ltd, one of the largest foreign investors in India’s power sector, has acquired a 49% equity stake in SE Solar, a solar...
Govt bats for hybrid solar-wind power projects in draft policy

Govt bats for hybrid solar-wind power projects in draft policy

TEAM VCC 1 year ago
The government has sought to boost hybrid solar and wind power projects in the country with incentives and a financing system to increase renewable energy...
Tata Power to buy Welspun's renewable energy business for $1.4 bn

Tata Power to buy Welspun’s renewable energy business for $1.4 bn

TEAM VCC 1 year ago
Tata Power Co Ltd has signed an agreement to buy the renewable energy business of Welspun Group for Rs 9,249 crore ($1.4 billion) including debt,...
Renewable energy capacity at 42.8 GW pips hydroelectric power

Renewable energy capacity at 42.8 GW pips hydroelectric power

PTI 1 year ago
Helped by policy initiatives and early stage private investments in solar and wind power, the renewable energy sector has for the first time surpassed the...
Greenko Energy to raise $230 mn from GIC, ADIA

Greenko Energy to raise $230 mn from GIC, ADIA

Anuradha Verma 1 year ago
Renewable energy firm Greenko Energy Holdings has signed an agreement to raise $230 million from an affiliate of Singapore’s sovereign wealth fund GIC and Abu...
Prism Cement to buy stake in BLA Power for $3.14 mn

Prism Cement to buy stake in BLA Power for $3.14 mn

PTI 1 year ago
Prism Cement today said it will acquire 15.23 per cent stake in BLA power Pvt Ltd for Rs 21 crore, a move that will reduce...
Power transformer maker Marsons to pick stake in Dubai-based firm

Power transformer maker Marsons to pick stake in Dubai-based firm

Anuradha Verma 1 year ago
Kolkata-based power transformer maker Marsons Ltd has agreed to acquire a considerable equity stake in a Dubai-based trading company for about $5 million, as per...
GMR to sell 30% stake in energy unit to Malaysia’s Tenaga for $300 mn

GMR to sell 30% stake in energy unit to Malaysia’s Tenaga for $300 mn

Anuradha Verma 1 year ago
GMR Infrastructure Ltd will sell a 30% stake in unit GMR Energy Ltd to Malaysian utility Tenaga Nasional Berhad for $300 million (about Rs 2,000...
NTPC plans to offer 15-day paid leave to employees at remote sites after every two-and-a-half-month stint

NTPC plans to offer 15-day paid leave to employees at remote sites after every two...

Priyanka 1 year ago
In an attempt to keep its staff motivated at far-off project sites spread across the country, state-owned NTPC Ltd has taken a leaf out of...
JSW Energy to buy Jindal Steel's power plant for $975M

JSW Energy to buy Jindal Steel’s power plant for $975M

TEAM VCC 1 year ago
Sajjan Jindal-led JSW Energy Ltd has agreed to acquire a 1,000-megawatt thermal power plant in Chhattisgarh from Jindal Steel & Power Ltd, controlled by his...
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