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Global Power M&A Market Remained Strong in 2018, Transaction around US$158 Billion: GlobalData

Out of the 622 transactions reported in 2018, 597 were acquisitions while the remaining 25 were mergers. As of 2019 year-to-date (YTD), 244 M&A deals were...

Business | July 10, 2019 | By News Bureau | 2326 readings

Capitalizing in More Buoyant Infrastructure Can Help Save $4.2 Trillion: World Bank

The net benefit on average of investing in more resilient infrastructure in low- and middle-income countries would be $4.2 trillion with $4 in benefit for each...

Business | July 10, 2019 | By News Bureau | 3132 readings

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 | July 09, 2019 | By News Bureau | 2287 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 | July 09, 2019 | By News Bureau | 2507 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 | July 08, 2019 | By News Bureau | 2802 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 | July 08, 2019 | By News Bureau | 2412 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 | July 05, 2019 | By News Bureau | 2479 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 | July 04, 2019 | By News Bureau | 2283 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 | July 03, 2019 | By News Bureau | 2321 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 | July 03, 2019 | By News Bureau | 2219 readings