Waaree Energies Make Strong IPO Debut, Listed at 70 Percent Premium

Waaree Energies' IPO has made a strong debut on the BSE and NSE, with shares listed at INR 2,550 on the BSE and INR 2,500 on NSE, marking a premium of close...

Investment & Trading | October 28, 2024 | By Mrinmoy Dey |  1578 readings

ADB Approves USD 434.25 Million Loan for 500 MW Solar PV Project in Assam

The Asian Development Bank (ADB) has approved a USD 434.25 million loan to construct a grid-connected solar photovoltaic (PV) facility in Karbi Anglong district...

Investment & Trading | October 25, 2024 | By Mrinmoy Dey |  1719 readings

Waaree Energies IPO Sees Record Applications, 76x Subscription

Waaree Energies has set a record with its IPO receiving 97.34 lakh applications, the highest in India's primary market, with a massive oversubscription of 76.34...

Investment & Trading | October 24, 2024 | By Mrinmoy Dey |  2057 readings

SolaX Power to Invest USD 149.8 Million in Energy Storage and Smart Energy Facility

SolaX Power has announced a USD 149.8 million investment to establish a cutting-edge research and manufacturing facility in the Zhejiang Province of China,...

Investment & Trading | October 21, 2024 | By Mrinmoy Dey |  1806 readings

INA Solar Secures INR 402 Crore Through Preferential Allotment of Equity Shares

Insolation Energy Ltd. (INA Solar) has raised INR 402 crore from investors through preferential allotment of equity shares.

Investment & Trading | October 17, 2024 | By Mrinmoy Dey |  2057 readings

Waaree Energies IPO to Open for Subscription on Oct 21, Price Band Set at INR 1427-1503 Per Share

Waaree Energies Ltd. has announced the price band for its IPO, set between INR 1,427 and INR 1,503 per share, aiming to raise INR 4,321 crore to fund a new...

Investment & Trading | October 16, 2024 | By Mrinmoy Dey |  2136 readings

Capri Global Launches its Rooftop Solar Finance Product Under MSME Loans

Capri Global Capital Ltd (Capri Loans) has launched its Rooftop Solar Finance product under the MSME Loans. The creditor will help individuals and businesses...

Investment & Trading | October 16, 2024 | By News Bureau |  1604 readings

Purvah Green Power Acquires Deshraj Solar Energy

Purvah Green Power, a subsidiary of CESC, has entered into a Share Purchase Agreement (SPA) to acquire Deshraj Solar Energy Pvt. Ltd. on a fully diluted basis.

Investment & Trading | October 16, 2024 | By Mrinmoy Dey |  2599 readings

Avaada Energy Secures INR 597 Cr Refinancing for its Solar Projects in Karnataka and Maharashtra

Avaada Energy has secured INR 597 crore in refinancing for its Commercial and Industrial (C&I) solar projects in Karnataka and Maharashtra from NIIF Infrastructure...

Investment & Trading | October 15, 2024 | By Mrinmoy Dey |  3177 readings

India Requires INR 285-345 Lakh Cr Investment by 2047 to Achieve Energy Independence: IREDA CMD

India will need an investment of INR 285-345 lakh crore by 2047 to achieve energy independence, said IREDA CMD Pradip Kumar Das at the CEA’s Brainstorming...

Investment & Trading | October 15, 2024 | By Mrinmoy Dey |  1580 readings