Siemens Energy weighs sale of stake in Indian firm to Siemens: source
The stake is currently worth around $3.5 billion and a partial sale would be a quick way for the German maker of wind and gas turbines to strengthen its capital base as talks with Berlin and Siemens over guarantees for performance bonds continue.
India's rapid development and praise across world is due to stable government: PM Modi
Addressing a public rally at Kheralu in Gujarat's Mehsana district after inaugurating and laying the foundation stones of various development projects worth Rs 5,950 crore, Modi said when he takes a pledge, he fulfils it.
IWEL raises Rs 800 cr through stake sale in Inox Wind
"IWEL, the promoter of Inox Wind Ltd (IWL), successfully raised Rs 800 crore through sale of equity shares of Inox Wind via block deals on the stock exchanges," it said.
Servotech Power Systems net profit grows three-fold to Rs 3.12 crore in Q2
Servotech Power Systems Managing Director Raman Bhatia said: "Our success can be attributed to our steadfast dedication to delivering cutting-edge, technology-driven solutions in the fields of electric vehicles and solar energy."
ISA's global solar facility gets $35 mn boost: Targets clean energy access for 200 mn Africans by 2030
The Government of India is weighing a contribution of $25 million, with an additional $10 million coming from ISA itself. Bloomberg Philanthropies and CIFF have also pledged their support to the GSF.
Hartek powers 5GW solar to grid, eyes Rs 10,000 cr valuation by 2030
Interview with Hartek Group CEO Simarpreet Singh
ISA to adopt India's solar practices; eyes investment in Africa: R K Singh
"The Assembly discussed replicating the successful energy access and transition practices adopted by India in developing countries," said the ISA President.