SECI Plans to Launch IPO by 2026

Solar Energy Corporation of India is mulling over to launch IPO within the next two years to fund its capacity addition goal of 10 GW by 2030.

Investment & Trading | September 23, 2024 | By Mrinmoy Dey |  1922 readings

REC Inks MoUs Worth INR 1.12 Lakh Crore with RE Developers at RE-INVEST 2024

At the recently concluded 4th Global Renewable Energy Investors Meet & Expo (RE-INVEST 2024) in Gandhinagar, Gujarat, REC has signed MoUs with various renewable...

Investment & Trading | September 20, 2024 | By Mrinmoy Dey |  1467 readings

NTPC Green Energy Files Draft Red Herring Prospectus for INR 10,000 Cr IPO

The NTPC Green Energy IPO will be a completely a fresh issue of equity shares with face value of INR 10 each, aggregating up to INR 10,000 Crore. There will...

Investment & Trading | September 19, 2024 | By Mrinmoy Dey |  4029 readings

IGREL Renewables Raises INR 300 Crore Equity Capital from Marquee Investors

INOXGFL Group announced that its privately held renewable power generation platform, IGREL Renewables Ltd., has raised INR 300 crore equity capital, eventually...

Investment & Trading | September 18, 2024 | By News Bureau |  1987 readings

Hygenco Enters into MoU with REC to Finance Green Ammonia Project in Gopalpur, Odisha

As part of the agreement, REC will fund up to USD 280 million for Hygenco’s green ammonia project in Gopalpur, Odisha. The MoU was formalised during the...

Investment & Trading | September 18, 2024 | By Mrinmoy Dey |  1751 readings

Torrent Power Commits Investments of INR 64,000 Cr. in Renewable Energy at RE-Invest 2024

Torrent Power has submitted ‘Shapath Patra’ for installing 10 GW of RE projects by 2030, with an investment of INR 57,000 Crore; and for setting...

Investment & Trading | September 17, 2024 | By Mrinmoy Dey |  2518 readings

Trina Solar Secures Euro 150 Mn Revolving Credit Facility from Banco Santander

Trina Solar (Luxembourg) Holdings S.A.R.L. has secured a Euro 150 million revolving credit facility from Banco Santander to accelerate the growth of its downstream...

Investment & Trading | September 12, 2024 | By News Bureau |  1442 readings

ISA in Talks with Africa50 to Manage USD 200 Million Africa Solar Facility

International Solar Alliance has entered into exclusive discussions with Africa50 to manage the proposed USD 200 million Africa Solar Facility to boost solar...

Investment & Trading | September 06, 2024 | By EI News Network |  1583 readings

Borosil Renewables Acquires 49 Percent Stake in Clean Max Prithvi

Borosil Renewables has picked up 49 per cent stake in Clean Max Prithvi from Clean Max Enviro Energy Solutions for INR 49,000.

Investment & Trading | September 05, 2024 | By EI News Network |  2462 readings

ISA to Launch USD 100 Mn Global Solar Facility, Upscale Insurance Mechanism

The International Solar Alliance (ISA) is looking at developing a USD 100 million fund which it expects to attract USD 1.5 billion worth of solar projects across...

Investment & Trading | September 04, 2024 | By EI News Network |  1623 readings