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Sterlite Power signs concession agreement for the Pampa project
April 2019
Sterlite Power has signed a concession agreement for batch 13, won in auction No. 04/2018. The Director General, ANEEL and authorities representing the Brazilian Government were present for the signing.
Hanergy launches largest thin-film solar power industrial park in Netherlands
March 2019
The world's largest thin-film solar power solution company, Hanergy Thin Film Power Group has recently launched Roodehaan solar park in Groningen city of Netherlands, generating power equivalent for 3,500 households annual consumption in the Netherlands.
ReNew Power in talks with Canada's OMERS to raise $300 million
August 2018
ReNew Power is in talks with Canada's OMERs to raise funds worth $300 million for growth capital and as a part of the proposed transaction may sell a minority stake.
Confidence Petroleum raises Rs 780 million
August 2018
Through private placement, India’s largest LPG cylinder manufacturer and a leading private sector LPG retailer Confidence Petroleum India has raised Rs 780 million.
We support India's thrust on renew
April 2018
In an exclusive interaction with Power Today, Werner Hoyer, President, European Investment Bank (EIB) says the EU's non-profit long-term lending institution will continue to extend support to renewable energy projects in India
NLC India to invest Rs 1.3 trillion
March 2018
NLC India has lined up a capital expenditure of Rs 1.29 trillion in order to raise its capacity for mining and power generation. Of the total proposed investment, around 70 per cent would be funded through debt and the rest through equity, the company said.
Q4 2017 highlights VC/PE funding
March 2018
ReNew Power Ventures - an Indian renewable energy project developer - secured ~$200 million (~Rs.13 billion) from the Canada Pension Plan Investment Board in the form of compulsory convertible preference shares (convertible debt) that will convert to equity shares at the time of an initial public offering.
Renew Power inks pact with Maha govt for Rs 14K-cr investment
February 2018
ReNew Power has said it has signed a pact with the Government of Maharashtra to facilitate a proposed investment of Rs 14,000 crore in the state for commissioning renewable energy plants.
Sterlite Power to invest $10 bn in transmission lines in four years
February 2018
Sterlite Power is seeking an investment of nearly $10 billion over the next three-four years for the expansion of its business in both domestic markets as well as overseas. The company had acquired the 28.4 per cent stake that Standard Chartered Private Equity (SCPE) held in its transmission business for Rs 1,010 crore, thus owning 100 per cent stake.
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