Day: November 19, 2024
NTPC Green Energy's ₹10000 cr IPO: Anchor investors pump ₹3960 cr at upper price band
New World Fund Inc, Goldman Sachs Funds, Government of Singapore, Life Insurance Corporation of India, ICICI Prudential Mutual Fund (MF), Nippon India MF, DSP MF and Kotak MF are among the anchor investors, according to a circular uploaded on the BSE's website.
AMPIN Energy Transition expands partnership with Copenhagen Infrastructure Partners
this new investment in excess of $300 million would help create a renewable energy asset base of $1.5 billion.
India’s renewable energy capacity likely to touch 250 GW by March 2026: Icra
This increase is attributed to a robust project pipeline of over 80 GW, spurred by improved tendering activity in FY2024 and the continuation of high tendering levels this fiscal year. The government’s 50 GW annual bidding trajectory announced in March 2023 has further supported this growth.
Satvik Green Energy files draft papers to raise Rs 1,150 crore via IPO
The Haryana-based company's proposed IPO is a combination of fresh issue of shares worth Rs 850 crore and an offer for sale (OFS) of Rs 300 crore by promoters, according to the draft red herring prospectus (DRHP) filed on Monday.
Delhi minister writes to Centre, requests NOC for cloud seeding
In a letter addressed to Union Environment Minister Bhupender Yadav, Rai called for an urgent meeting and immediate approval for cloud seeding operations.
Adani Group to invest about USD 35 bn to set up solar, wind, hybrid plants in 5 years: Sagar Adani
Adani Green Energy is investing USD 35 billion over five years in large-scale solar, wind, and hybrid power plants across India. This initiative aims to contribute significantly to India's renewable energy capacity and support the country's growing energy demands.
NGEL, OGL incorporate JV company to work in RE sector
While NTPC Green Energy Limited (NGEL) is a wholly-owned subsidiary of power giant NTPC, ONGC Green Limited (OGL) is a subsidiary of oil major Oil and Natural Gas Corporation Limited (ONGC).
Just transitions must reflect climate justice, India tells CoP29
India underscored the need for global climate justice and equitable action during the Second Annual High-Level Ministerial Round Table on Just Transition at CoP29 in Baku, Azerbaijan.
Waaree Energies strengthens renewable push with ₹6,000 crore investment, 20GW order book
The move is part of the company’s strategy to strengthen its renewable energy portfolio and support India’s green energy goals.
NTPC to set up 1 tonne per day green hydrogen plant using seawater
The project will use an innovative low-carbon desalination plant that processes seawater into hydrogen-grade water, utilizing waste heat from the thermal power plant’s flue gas.