ACME Solar’s IPO to open on Wednesday; price band set at Rs 275 to Rs 289 equity share
The IPO will close on Friday, 8 November, 2024. Investors can bid for a minimum of 51 Equity Shares and in multiples of 51 Equity Shares thereafter.
Decoding domestic solar manufacturers IPO streak
“There is a likelihood that just like other markets in India, it may lead to market consolidation, where eventually over time only a few of the largest manufacturers who are able to raise capital effectively and in a diversified way with backward integration will sustain,” Jyoti Gulia, CEO, JMK…
Solar efficiency, cost reductions key to energy transition: Pralhad Joshi
The minister highlighted India’s achievements under Prime Minister Narendra Modi’s leadership, with solar tariffs dropping 76% over the last decade. “Tariffs for grid-connected solar plants have decreased from ₹10.95 per unit in FY 2010-11 to ₹2.60 in FY 2023-24,” he said, noting that cost…
Apollo Green Energy eyes ₹10,000 crore in renewable projects; IPO on horizon for expansion
Operating in eight states, AGEL has developed a diverse portfolio, including 400 MW in solar installations and a ₹700 crore Flue Gas Desulfurization (FGD) project nearing completion to help reduce emissions in power generation. With this range of initiatives, AGEL seeks to align with India's clean…
Rajasthan, Gujarat urged to boost renewable policies, tap untapped solar potential: IEEFA
“India’s energy transition requires states to strengthen renewable energy initiatives. Even leaders like Rajasthan and Gujarat must keep taking stock and corrective measures to ensure they do not lose momentum,” said Vibhuti Garg, co-author of the report and Director – South Asia, IEEFA.
NTPC, ONGC collaborate on green energy, eye solar, wind, and hydrogen
The collaboration aims to expand their footprint in the renewable energy sector, encompassing a range of green technologies and projects, from solar and wind energy to green hydrogen and sustainable aviation fuel.
India elected ISA President, France wins Co-President post at New Delhi Assembly
The ISA Assembly, the apex decision-making body of the Alliance, also selected eight Vice Presidents representing the four regional groups for the next term. Ghana and Seychelles were elected for Africa, Australia and Sri Lanka for Asia and the Pacific, Germany and Italy for Europe and Others, and…
Ashish Khanna selected as director general of International Solar Alliance
As Director General, Khanna will support the ISA Assembly in advancing its mandate, focusing on global solar energy deployment and assisting member countries in overcoming shared challenges.
Himachal CM for operating Kalka-Shimla trains on hydrogen
In a letter to the Railway Minister Ashwini Vaishnaw, he urged the ministry to consider transforming this historic rail line into a green energy-powered route.
Green urea can boost decarbonisation while reducing India’s import dependency
Urea is among the most consumed chemicals in India—as an indispensable fertiliser in agriculture, and, thereafter, as an important raw material for producing plastics, and nutrient feed for cattle. In the conventional process of urea production, natural gas is the primary source of hydrogen and…