PFC to Open Rs 5,000 Cr Public Issue of Debentures at Coupon Rates Upto 7.15% on Jan 15
State-owned power sector lender Power Finance Corporation Ltd (PFC) will be opening its Rs 5,000 crore public issue of secured, redeemable Non-Convertible Debentures...
Investment & Trading | January 14, 2021 | By Manu Tayal | 300 readings
Sterlite Power Raises Rs 200 Cr from Allianz Global Investors to Slash Borrowings
Global power transmission player Sterlite Power has raised Rs 200 crore in debt financing from Allianz Global Investors (Allianz GI), one of the world’s...
Investment & Trading | January 11, 2021 | By Manu Tayal | 600 readings
IREDA Inks MoU with NHPC to Support in Green Energy Projects for 5 Yrs
As per the MoU signed, IREDA will undertake techno-financial due diligence of renewable energy and energy efficiency & conservation projects for the power...
Investment & Trading | January 11, 2021 | By Manu Tayal | 302 readings
IEX Trades All-Time High Volume of 7260 MU in Dec’20 Registering 52% YoY Growth
This consequently led to an attractive average market clearing price of Rs 2.83 per unit which saw 3 per cent YoY decline. One Nation One Price prevailed during...
Investment & Trading | January 05, 2021 | By Manu Tayal | 318 readings
Tata Power, SIDBI to Offer Affordable Financing for MSMEs to Adopt Rooftop Solar
Utility giant Tata Power has entered into partnership with lender Small Industries Development Bank of India (SIDBI) to offer easy and affordable financing...
Investment & Trading | January 05, 2021 | By Manu Tayal | 346 readings
TN to Attract Rs 66,000 Cr Investments; Renewable Energy, e-Mobility in Focus
Post COVID-19 induced lockdown last year, Tamil Nadu now sought to bounce back with mega ticket deals in various sectors including renewable energy electric...
Investment & Trading | January 04, 2021 | By Manu Tayal | 278 readings
Revayu Energy Raises Equity Funding from UK-based Investor
It is planning to use the funding amount for the upgradation of its products, to setup an AI-based software to enhance the operation & maintenance (O&M)...
Investment & Trading | December 31, 2020 | By Manu Tayal | 497 readings
K’taka Clears 5 Proposals worth Rs 26,659 Cr including EV, Li-Ion Cell & Battery Manufacturing
The 55th State High-Level Clearance Committee (SHLCC) meeting chaired by Karnataka Chief Minister B S Yediyurappa cleared 5 projects with a total investment...
Investment & Trading | December 22, 2020 | By Manu Tayal | 817 readings
Borosil Renewables Raises Rs 200 Cr from Convergent Finance via QIP Issue
India’s first and only solar glass manufacturer Borosil Renewables Ltd (BRL) has successfully completed the fund raising of Rs 200 crore from Convergent...
Investment & Trading | December 18, 2020 | By Manu Tayal | 452 readings
Vestas to Buy 25% Stake in Fund Manager CIP for about EUR 500m; Aims to Expand Footprints
Danish wind turbine maker Vestas has invested in fund manager Copenhagen Infrastructure Partners (CIP) to acquire a 25 per cent minority shareholding in the...
Investment & Trading | December 18, 2020 | By Manu Tayal | 485 readings