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Aditya Birla Renewables has agreed to acquire Shell-backed Sprng Energy for $1.8 billion, expanding its renewable energy portfolio to around 9.4 GW. The post Aditya Birla Group to...
Aditya Birla Group (ABG) announced today it will acquire Sprng Energy from Shell for approximately $1.8 billion, marking one of India’s largest renewable energy transactions to dat...
The proposed financing comes as Indian banks compete for large corporate deals following a regulatory shift allowing acquisition funding
Aditya Birla Renewables has agreed to acquire Shell’s Sprng Energy platform for $1.8 billion, including debt, in one of India’s largest recent renewable energy transactions. The de...
In a post-market regulatory filing, Adani Power said GVKEL is undergoing the Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016.
The Tata Power project will combine 400 MW of solar power in Pattikonda with 400 MW of wind power in Kanekal, creating an 800 MW hybrid renewable energy facility
With the addition of this project, TPREL's total renewable utility capacity has reached 12.3 GW
Tata Power Renewables has broken ground on its 800 MW renewable energy project.
Among utilities, JM suggested a target of Rs 1,549 on Adani Green, Rs 2,018 on Adani Energy, Rs 660 on JSW Energy, Rs 1,515 on Torrent Power, Rs 199 on CESC and Rs 133 on IEX.
Shell has agreed to sell its Indian renewable energy platform Sprng Energy to Aditya Birla Renewables Limited for $1.8 billion, including debt, as the energy major reshapes its pow...
The proposed IPO is expected to strengthen NIRL’s capital base and support its long-term growth strategy in the renewable energy sector
Total income during the quarter rose 16% year-on-year to ₹4,663 crore, while revenue from power supply increased 29% to ₹4,280 crore
Power demand may rise again due to El Niño, says JM Financial. Check fresh ratings, target prices and outlook for Adani Power, BHEL, Tata Power, Suzlon, NTPC, Waaree and other powe...
ECI agreement marks firm’s entry into ANZ market; EPC contract possible after early work
The deal marks a significant capital commitment by Motilal Oswal’s alternatives business into India’s clean energy sector, which has seen sustained investor interest as the country...
ACME Solar said the project is being developed entirely within Rajasthan, which it described as an increasingly important hub for its hybrid renewable capacity.
Adani Energy Solutions Ltd has been awarded a key transmission project for the evacuation of renewable energy generated in Karnataka to major load centres in Maharashtra.
CESC is accelerating its expansion into renewable power with a $510.1 million acquisition of operational solar assets from ReNew Solar Power. The Indian utility said Monday that it...
The company's renewables business reported a profit after tax (PAT) of Rs 612 crore, up 15 per cent YoY. Its solar cell and module manufacturing business posted a PAT of Rs 371 cro...
The solar project is part of a 400 MW wind-solar hybrid renewable energy project, integrated with BESS and connected to the State grid
A tariff of ₹6 per kWh has been finalised for the entire PPA
Sprng Energy group of companies controls 5GW of clean energy assets in India
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