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.
Inox Wind bags 40 MW power project from Malpani Group
Inox Wind has bagged repeat orders from Malpani Group for 40 MW wind power projects in Gujarat. The orders for two wind power projects of 20 MW each will be executed on turnkey basis and are scheduled to be commissioned by March 2017, the company said in a BSE filing.
Adani Power raises Rs.330 cr through NCDs
Adani Power said that it has raised Rs.330 crore by allotments of non convertible debentures (NCDs) on a private placement basis. The company raised Rs.330 crore on May 10, 2016, by allotment of 3,300 rated, listed, redeemable, zero coupon, non-convertible debentures (NCDs) of the face value of Rs.10,00,000 each on a private placement basis, Adani Power said in a BSE filing.
CG wins €17 mn order from Spains Gas Natural Fenosa
Avantha Group company Crompton Greaves has bagged a €17 million (Rs.125 crore) order from Spanish utility Gas Natural Fenosa (GNF) for supplying ZIV single and three phased smart meters.
NTPC-JKSPDCL JV to develop coal block in Odisha
State-run NTPC today said that it has entered into an agreement with Jammu and Kashmir State Power Development Corporation Ltd (JKSPDCL) to form a joint venture (JV) company for mining at Kudanali-Luburi coal block in Odisha.
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