Safeguard Duty Reimbursement May Restore Returns for 5.4 GW Solar Projects: CRISIL Report

After the safeguard duty was imposed on the import of solar cells and modules on July 30, 2018, equity returns had fallen from the typical 12-15%, affecting...

Business | 09/07/2019 | By Moulin 149 readings

Sterling and Wilson Solar Ltd. Receives SEBI Approval to Float IPO

The total IPO size is about Rs 4,500 crore. The IPO will be an offer for sale by company’s chairman Khurshed Yazdi Daruvala and Shapoorji Pallonji and...

Business | 09/07/2019 | By Moulin 138 readings

IndiGrid Acquires Sterlite Power’s Two Power Transmissions Assets For Rs. 5,025 Crores

The acquisition has been funded through the preference unit issuance worth INR 2,514 crores, subscribed by KKR, GIC and other capital market investors in May...

Business | 08/07/2019 | By Moulin 141 readings

RE Certificate Transactions Dips 22% to 6.98 Lakh in June

As per official data, IEX saw total trade of 4.19 lakh RECs in June as compared to 5.09 lakh in the same month last year. Similarly, PXIL recorded sale of 2.78...

Business | 08/07/2019 | By Moulin 118 readings

Emerson Helps Drive 60% Production Increase at BPCL Refinery

Throughout the project, Emerson provided engineering and project management services as well as automation technologies that helped BPCL in its goal of increasing...

Business | 05/07/2019 | By Moulin 178 readings

Solar Power Market Projected to Reach 4767 GW by 2026: Report

The developments in photovoltaic technology in recent years have boded well for the global market. Growing awareness of the adverse effects of pollution and...

Business | 04/07/2019 | By Moulin 122 readings

Kalpataru Power to Retail Three Transmission Projects to CLP India for Rs 3,275 Crores

As a part of the deal, KPTL will sell three assets- Kalpataru Satpura Transco Private, Alipurduar Transmission and Kohima Mariani Transmission. The deal will...

Business | 03/07/2019 | By Moulin 157 readings

Brazil’s RE Capacity to Surpass 60 GW in 2030: GlobalData

Between 2019 and 2030, solar PV and onshore wind segments are expected to grow at CAGRs of 14% and 6%, respectively. The significant rise in these two technologies...

Business | 03/07/2019 | By Moulin 118 readings

Siemens Builds Protection Automation and Control Laboratory for PGCIL

This lab will focus on research in various facets of digital substations such as design optimization, vulnerability assessment, effective implementation etc....

Business | 03/07/2019 | By Moulin 171 readings

Growatt Introduces Smart Solar Storage Solutions in Australia

An introduction to solar storage batteries by the Growatt in the Leading market for the Solar at Australia.Growatt provides a wide range of solar storage solutions...

Business | 02/07/2019 | By Hemant Arora 159 readings

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