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Company watch: Ostro Energy needs second wind as parent Actis plans exit

Infrastructure

25 September, 2017

Company watch: Ostro Energy needs second wind as parent Actis plans exit

On 28 February 2015, finance minister Arun Jaitley said in his budget speech that the government had revised its target ......

Abraaj, ENGIE to set up wind power platform in India

Infrastructure

20 September, 2017

Abraaj, ENGIE to set up wind power platform in India

Dubai-based private equity investor Abraaj Group and French multinational utility company ENGIE will develop a wind power platform in India, ......

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Actis hires banker to start sale process of Ostro Energy

Infrastructure

08 August, 2017

Actis hires banker to start sale process of Ostro Energy

Private equity firm Actis has hired an investment banker to kick-start the sale process of Ostro Energy Pvt. Ltd, the ......

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Mytrah Energy explores fundraising options beyond IPO

Infrastructure

10 July, 2017

Mytrah Energy explores fundraising options beyond IPO

Mytrah Energy India Ltd is considering private equity funding and setting up an infrastructure investment trust (InvIT) as options, besides ......

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Company watch: ReNew Power breezes ahead as green energy comes into vogue

Infrastructure

08 May, 2017

Company watch: ReNew Power breezes ahead as green energy comes into vogue

In early 2015, when the Indian government revised its renewable energy capacity target substantially higher, to 175 gigawatts, investors—both domestic ......

IDFC Alternatives to buy Jindal Steel & Power's wind power unit

Infrastructure

05 October, 2016

IDFC Alternatives to buy Jindal Steel & Power's wind power unit

Debt-laden Jindal Steel & Power Ltd (JSPL) has inked a deal to divest a wind power business in Maharashtra to ......

Vedanta unit Hindustan Zinc plans to sell wind energy assets

Infrastructure

23 September, 2016

Vedanta unit Hindustan Zinc plans to sell wind energy assets

In a sign of growing consolidation in the Indian clean energy space, Hindustan Zinc Ltd (HZL), a subsidiary of Vedanta ......

IFC to invest $125 mn in Hero Future Energies

Infrastructure

24 August, 2016

IFC to invest $125 mn in Hero Future Energies

International Finance Corporation plans to make an equity investment of up to $125 million (Rs 840 crore) in Hero Future ......

Senvion acquires Kalyani Group's wind turbine unit Kenersys

Manufacturing

17 August, 2016

Senvion acquires Kalyani Group's wind turbine unit Kenersys

German wind turbine maker Senvion SA has agreed to acquire the assets and services business of Kenersys India Pvt. Ltd, ......

ADB to lend up to $175M to renewable energy firm Mytrah

Infrastructure

28 April, 2016

ADB to lend up to $175M to renewable energy firm Mytrah

Hyderabad-based power producer Mytrah Energy (India) Ltd said on Thursday it will raise up to $175 million (Rs 1,164 crore) ......