1. Introduction Government of India is encouraging adoption of solar energy by every Indian. To promote convenient adoption and use of solar energy, public sector banks & private banks have been given statutory instruction by Ministry of Finance to offer loan at reasonable cost as per Government of India & Read more…
The ink on Sterling and Wilson Solar Ltd’s (SWSL’s) initial public offering (IPO) share allotment certificates isn’t even dry yet and investors are having to grapple with a tweak in the terms and conditions. When the company’s promoters, Shapoorji Pallonji and Co. Pvt. Ltd and Khurshed Y. Daruvala, set out Read more…
New Delhi: Solar tariffs in India rose 4% from a record low in Wednesday’s federal auction, in which five companies won rights to build and operate 1.2 gigawatts of projects. Ayana Renewable Power Pvt., ReNew Power Ltd. and Azure Power Global Ltd. won 300 megawatts each, while Mahindra Susten Pvt. scooped Read more…
NEW DELHI : Vedanta Monday said its first pilot floating solar plant will be completed in the next two to three months. In an investor brief, the company said it is focussing on renewable energy and its group firm Hindustan Zinc plans its “first pilot floating solar to be completed in Read more…
Mumbai: Mint brings you your dose of the top deals news, reported from newsrooms across the country. Mahindra in final lap to sell solar portfolio Mahindra Susten, the renewable business arm of Mahindra group, has got binding offers from CLP India and the Piramal Group for its 160 megawatts (MW) solar assets, Mint reportedciting Read more…
ReNew Power, which until recently was a major acquirer of renewable assets in India, has put 300 megawatts (MW) of solar assets on sale as the company tries to cope with rising uncertainty in the industry, two people aware of the development said. The move to raise capital through sale Read more…
Technical and Financial Input Data Key Financial Indicators Sensitivity Analysis Profit Loss Statements With Cash flow accruals (For 10 Years) Read More
Mumbai: In a first, Karnataka has stopped the building of new solar energy projects, balancing its renewable power purchase obligations and concerns on the financial health of the state’s power distribution companies (discoms). Last month, the Karnataka Electricity Regulatory Commission said there will be no further bidding to procure solar energy Read more…
The International Solar Alliance (ISA) has achieved global disruption by bringing down the cost of solar-powered agricultural pumps by half, according to three people aware of the development. India’s state-run Energy Efficiency Services Ltd (EESL) conducted the largest global price discovery exercise by aggregating the demand from 22 ISA member nations, in Read more…
Mumbai: Trina Solar, a leading Chinese manufacturer of solar modules and photovoltaic cells, is keen to invest in solar power projects in India, as part of a wider play to drum up market interest for its own modules. The company intends to invest in under-construction solar power projects and is eyeing Read more…