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IndiGrid Concludes Purchase of Sterlite Power Transmission Asset worth $134 Million

With this acquisition, IndiGrid’s AUM will increase by 10% to ~USD 1.6 Bn. IndiGrid’s asset portfolio will increase to nine power transmission projects,...

Business | March 24, 2020 | By News Bureau | 2126 readings

Blue Planet Obtains Funding Worth US$25 Million from Nomura

This strategic engagement by Nomura's Loans and Principal Investments Area in Asia ex-Japan will help Blue Planet continue its efforts to develop integrated,...

Business | March 24, 2020 | By News Bureau | 2855 readings

Schneider Electric Inaugurates its Centre of Excellence – Edge Infrastructure

The setting up of a Center of Excellence (CoE) is beneficial for both the end customers and the partners. For the customers, it is an effective demonstration...

Business | March 24, 2020 | By News Bureau | 2346 readings

Absence of Advisory on Coronavirus Leading to Muddle within Renewable Sector: FICCI

It added the Renewable Energy Industry is a capital-intensive industry where availability of liquidity is important and the current outbreak of coronavirus...

Business | March 23, 2020 | By News Bureau | 2611 readings

Sterlite Power Advances Its Business Strategy in Brazil with Successful Divestment

Currently, after these transactions, the company retains seven projects in several Brazilian regions, which are at different phases of execution

Business | March 23, 2020 | By News Bureau | 3091 readings

Lacuna Obtains $50 Million to Capitalize in Development-Stage Solar, Storage

"The fund allows us to place greater emphasis on investment-related activities and increase our role as an originator and investor in development projects,"...

Business | March 19, 2020 | By News Bureau | 2591 readings

NEXTracker Concludes On-Time Shipment of 3.4 GW to 174 Power Global Across U.S. Projects

The contract was executed in the second half of 2019 and NEXTracker substantially completed the shipment of 3.4 GW. The commercial agreement marks one of the...

Business | March 18, 2020 | By News Bureau | 2401 readings

INOXCVA Signs MoU with Shell Energy India for LNG Distribution

The MoU envisages deployment of distribution infrastructure including logistics and receiving facilities at customer end and will offer LNG access to the customers...

Business | March 18, 2020 | By News Bureau | 2520 readings

KEC International Secures Orders Worth Rs 1,047 Crore

"T&D business and SAE Towers have secured orders of Rs 669 crore for T&D projects in India, SAARC, Middle East and the Americas. The Civil business...

Business | March 18, 2020 | By News Bureau | 2393 readings

SECI Releases Tender for Round-The-Clock Renewable-Thermal Bundled Projects worth 5,000 MW

This would be bundled with power from coal-based thermal power projects in the country under tariff-based competitive bidding. The last date for the submission...

Business | March 18, 2020 | By News Bureau | 3045 readings