Private Sector

The board of Indian Energy Exchange (IEX) has approved a proposal to buyback equity shares of upto Rs 980 million at a price not exceeding Rs 200 per share through open market route. The indicative […]

Lenders to distressed electricity producer SKS Power Generation (Chhattisgarh) Limited have extended the due diligence deadline for prospective buyers for a third time to December 9, 2022, pushing back the timeline for the resolution of […]

Adani Group company has sought licence for expanding its power distribution business into more areas of Mumbai, including the country’s largest container port Jawaharlal Nehru Port Trust (JNPT). Adani Electricity Navi Mumbai (AENM) has approached […]

The heavy civil infrastructure business of Larsen & Toubro has secured an order from Greenko group for development of an off stream pumped storage project in Madhya Pradesh. The civil and hydromechanical works of the […]

Essar Power Limited has concluded the sale of power assets located at Hazira, Gujarat to Arcelor Mittal Nippon Steel India Limited (AM/NS). With the sale, Essar has completed its asset monetisation programme to effectively become […]

Siemens Limited has recorded a net profit of Rs 6.52 billion for the quarter ended September 2022, as compared to the net profit of Rs 3.2 billion recorded in the same quarter of previous year, […]

Jindal Steel & Power Limited has emergerd as the preferred bidder in a tender to build a 300 MW coal-fired power plant in Botswana as an independent power producer. It is the only fossil fuel-based […]

SE Ventures has announced a EUR500 million Fund II establishing the firm as one of the largest venture capitals focusing on climate and industrial technology. This move builds upon a 2018 Fund I to bring […]

Tata Power will offer clean and green energy products and solutions to the people of Odisha. Tata Power is planning to set-up electic vehicle charging stations to promote clean mobility across the state. In order […]

Indosolar Limited’s board has approved setting up of 1 GW solar module manufacturing facility. Further, it has given the nod for the sale of the assets of the companies which has become obsolete.

Renew Energy Global Plc has recorded a net loss of Rs 986 million for the quarter ended September 2022, as compared to the net loss of Rs 6,614 million recorded in the same quarter of […]

Tata Power has installed Tata Power EZ charging points at the Tigress Resort, Ranthambore in Rajasthan to encourage green mobility at tourism sites. The collaboration aligns with Tata Power’s commitment to make sustainable mobility mainstream.  […]

Tata Power Solar Systems Limited (TPSSL) has tied up with Union Bank of India (UBI) to help micro, small and medium enterprises (MSME) sector switch to solar solutions. The objective of this collaboration is to […]

PTC India Financial Services Limited has recorded a profit of Rs 1.30 billion in 2021-22 as compared to a profit of Rs 0.26 billion recorded during the previous year, registering a growth of 400 per […]

ReNew Power Private Limited has signed the framework agreement with the Government of Egypt to set up a green hydrogen plant in the Suez Canal Economic Zone. The agreement entails an investment of USD8 billion […]

KEC International Limited has secured new orders worth Rs 12.94 billion across its various businesses. The transmission and distribution business has secured a large order for supply of towers in Americas, secured by its Brazilian […]

Vedanta Aluminium has deployed internet of things (IoT) based technology for cooling water analysis and overall reduction in water consumption at its power plants at Jharsuguda, Odisha. These power plants make use of a recirculating […]