Day: October 28, 2024
NTPC Green Energy gets Sebi nod for Rs 10,000-crore IPO
It added that the proceeds from the fresh issue to the extent of Rs 7,500 crore will be used for investment in its wholly owned Subsidiary, NTPC Renewable Energy (NREL) for repayment or prepayment, in full or in part of certain outstanding borrowings availed by NREL, and general corporate purposes.
BASF, AM Green ink MoU for low-carbon chemical production in India
The agreement was signed by Dr. Markus Kamieth, Chairman of the Board of Executive Directors of BASF SE, and Mahesh Kolli, Group President of AM Green, during the Asia-Pacific Conference of German Business 2024 held in New Delhi.
Suzlon Vice-Chairman Girish Tanti appointed as IWTMA Chairman
IWTMA held its Annual General Meeting on October 25, 2024 at the Chennai Trade Centre.
Renewable energy projects need debt financing over grants: IREDA CMD
Speaking at the Bhutan-India Renewable Energy Roundtable in Thimphu, Das outlined how such financing could accelerate the region’s clean energy transition. The event was jointly organised by the governments of India and Bhutan, focusing on enhancing renewable energy cooperation.
ARYA raises ₹100 crore for biogas projects in joint ventures with IOCL, BPCL
The funding is part of a larger ₹200 crore round that ARYA is raising to develop Compressed Biogas (CBG) projects in collaboration with Indian Oil Corporation (IOCL) and Bharat Petroleum Corporation Limited (BPCL).
Masdar, EMSTEEL complete MENA’s first green hydrogen steel pilot project
The pilot, now fully operational, uses green hydrogen to extract iron from iron ore, a crucial step in the steel production process.
AMPIN Energy, Varroc Group ink 27MWp solar project deal in Maharashtra
This new power purchase agreement (PPA) comes after the successful implementation of AMPIN’s earlier solar projects in Maharashtra, Karnataka, Uttar Pradesh, and Tamil Nadu, further solidifying the partnership between the two companies.
Sistema.bio acquires Inclusive Energy to enhance biogas monitoring capabilities
The strategic acquisition aims to boost Sistema.bio’s digital Monitoring, Reporting, and Verification (dMRV) capabilities, enhancing its capacity to deliver effective biogas solutions and long-term support to farmers worldwide.
Global economy chiefs fret over a Trump return as US election draws closer
Concerns over Donald Trump's potential return to power and its impact on global finance dominated discussions at the IMF and World Bank meetings. Trump’s policies, including massive tariffs and increased debt issuance, contrasted with Vice President Kamala Harris's continuation of Biden’s…
Major Indian solar panel maker dazzles in market debut
India's top solar module producer Waaree Energies shone on its market debut Monday after raising $514 million, as traders bet on increased global demand for clean energy components. Regulatory filings by Waaree note it has seen a "substantial increase" in exports due to tariffs imposed by President…