APT Translations

Of the IPO proceeds, the company will use Rs 12.45 crore to meet working capital requirements and Rs 7.6 crore to invest in its subsidiary Invergy India Private Limited (IIPL), procure plant and machinery as well as for setting up a new facility.

Foreign direct investment of up to 100 per cent is permissible through the automatic route for setting up renewable energy projects, including solar energy projects in the country.

The LoA is for setting up 1,138 MW decentralised agricultural solar PV projects in Maharashtra. It will involve a greenfield investment of Rs 5,000 crore and span across 192 locations in 10 districts of the state, the group said.

IPO comprises a fresh issue of 32.76 lakh equity shares with a face value of Rs 10 each

Suzlon will supply the wind turbines and execute the project including, erection and commissioning

A combination of shifts in jet streams and changes to the sun's angle on the earth tend to increase wind speeds at turbine level during the spring months, and lead to higher levels of wind power generation than at other times of the year.

This pilot program funded by the Department of Energy is also targeting the creation of green hydrogen through electrolysis for rapid refuelling

The project involves the installation of 23 wind turbine generators (WTGs), each with a capacity of 3.15 MW, at the Dwarka district, employing Suzlon's S144-140m turbines from its 3 MW series.

Global greenhouse pollution hit a new record and increased 1.1% last year, the International Energy Agency reported last week. That was almost entirely a China story.

Under the agreement, the partially state-owned farm's 151 turbines stay in operation. Energy Minister Terje Aasland said the deal includes "a future-oriented solution that safeguards the reindeer farming rights."