Melvin Mathew

NTPC Green Energy, a subsidiary of NTPC, has filed a draft red herring prospectus (DRHP) to raise ₹100 billion (~$1.19 billion) through an Initial Public Offering (IPO).

The REC Power Development and Consultancy ( RECPDCL ) has invited bids to set up an Inter-State Transmission (ISTS) System to evacuate up to 3.5 GW of renewable energy from Lakadia in Gujarat.

The Power Grid Corporation of India ( PGCIL ) has won PFC Consulting’s tender to develop a transmission system to evacuate 7 GW of renewable energy from the Khavda Renewable Energy Park in Gujarat.

NTPC Green files a DRHP to raise $1.19 billion through an IPO

NHPC has invited bids for setting up a 1.2 GW Inter-State Transmission System (ISTS)-connected solar power projects with a 600 MW/12,000 MWh energy storage system (ESS) and an additional greenshoe option up to 1.2 GW.

Inox Wind Energy has signed an agreement with a consortium of banks led by ICICI Bank for a financing facility of ₹22 billion (~$263.54 million).

Solar installation company Solar91 Cleantech has filed a draft red herring prospectus (DRHP) to raise ₹1 billion (~$11.97 million) through an initial public offering (IPO).

The Ministry of Power has issued new guidelines to streamline rooftop solar installations under the PM Surya Ghar: Muft Bijli Yojana to allow for automatic enhancement of sanctioned load by power...

Gujarat-based solar company Ahasolar Technologies has received a letter of intent from Coal India (CIL) for an owner’s engineer-cum-project management consultancy contract for a 300 MW solar power project in Khavda, Gujarat.

Norway-based silicon material manufacturer REC Silicon ‘s net loss widened 112.09% year-over-year (YoY) to $52.6 million in the third quarter (Q3) 2024 from $24.8 million due to the suspension of Moses Lake and Butte Montana facility.