WREPL raises Rs 1,200 cr through debentures
Tata Power’s wholly owned subsidiary Welspun Renewables Energy Private Ltd (WREPL) has raised Rs 1,200 crore through issuance of non-convertible debentures of face value of Rs 10 lakh each, aggregating to Rs 1,200 crore on a private placement basis, the company has said in a BSE filing
Tata Power arm acquires Welspun Renewables Energy Private Limited
Tata Power announced that 100 per cent subsidiary Tata Power Renewable Energy Limited (TPREL), has completed acquisition of 100 per cent shareholding in Welspun Renewables Energy Private Limited and its subsidiaries. This represents the largest transaction in the renewables space in India.
SOLAR GETS $1.7 BILLION Funding IN Q2
Mercom Capital Group, llc, a global clean energy communications and consulting firm, released its report on funding and merger and acquisition (M&A) activity for the solar sector in the second quarter (Q2) of 2016.
Power 20:20 Personality Profile
Dr Arup Roy Choudhury joined NTPC as CMD in September, 2010, and since then the company has achieved several commendable milestones, which include capacity addition of 12,315 MW, which is 27.6 per cent of the total capacity added in the last 39 years i.e. 44,598 MW.
Power 20:20 Personality Profile | Vineet Mittal
Welspun Renewables Head of highest-growth (power) generation company in the last year (Private Company - Solar Power)
Aserial entrepreneur, Vineet is known for visionary leadership and execution abilities.
GoI´s aggressive push towards solar has rejuvenated the solar market and given tremendous growth potential for upcoming clean energy eco-system, believe experts.
Renewable Energy (RE) has many unique attributes ´ rapid deployment, modular nature and environment friendliness ´ which make it a beneficial source of power in a country like India, which has a high energy deficit, growing demands and an inadequate grid infrastructure.