Cogent Transware launches ‘Hybrid Logistics’ to boost the Indian FMCG
With the vision to make logistics more structured and supply chain less cumbersome, Cogent Transware, the Gurugram-based logistics company has launched its one-of-a-kind hybrid logistics system to enhance the Indian FMCG sector in association with the UK-based Reckitt Benckiser.
Azure Power raises over USD 400 million from equity and debt financings
Since June 30, 2018, over USD 400 million has been raised from equity and debt financings by Azure Power. Of the USD 400 million, USD 185 million was raised in its first public follow-on offering on the New York Stock Exchange that closed in October 10, 2018, while the rest included various project debt financings and short-term debt facilities.
Tata Power joins race for Equis hydropower projects in Sikkim
Tata Power have shown interest in buying two hydroelectric power projects in Sikkim that are owned by Equis Energy. The Asian infrastructure investor company operates and owns 220 MW of hydro assets in Sikkim through a platform called Hydreq.
Engie India may sell solar biz
In order to divest its holding in its subsidiary Solairedirect’s India operations, Engie SA is in advanced discussion with Edelweiss Infrastructure Yield Plus Fund.
Odisha solar auction sees lower tariffs
After imposing safeguard duty on solar panels and modules, Odisha’s 200 MW solar auction witnessed lower tariffs ranging between Rs 2.79- Rs 3.20 per unit.
Globally, RE employed 0.4 million people in 2017
The Government of India has ambitious plans of increasing the percentage of RE in the energy mix of the country. India's target is to achieve 175 GW generation capacity by 2022.
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