Waaree Energies, a manufacturer of solar panels, is in negotiations with HNIs and family offices to raise 1,000 crore at a value of 13,000 crore to help fund its capitalContinue Reading
The Indian government has set an ambitious aim of 30% adoption of electric vehicles (EV) by 2030. The high initial prices of EVs, however, remain a substantial obstacle to mainstreamContinue Reading
Virescent Renewable Energy Trust (VRET), a renewables-focused infrastructure investment trust (InvIT), announced that it has signed definitive agreements under which IndiGrid would purchase all units of Virescent for up toContinue Reading
This year, the state-owned Bharat Petroleum Corporation (BPCL) plans to build a 240-MW renewable power plant at a cost of Rs 600 crore. In Uttar Pradesh, Madhya Pradesh, and Maharashtra,Continue Reading
Tata Power Solar Power Systems has been awarded a contract by NLC India to build a 300 megawatt solar power project. The project would be built in Rajasthan’s Bikaner districtContinue Reading
Omega Seiki Mobility (OSM), an Anglian Omega Group Company, and cKers Finance Private Limited (“cKers”), an India-based non-banking financial company (NBFC) focused on financing climate-friendly businesses such as electric vehicles,Continue Reading
Scorpius Trackers Pvt Ltd., one of India’s top producers of single-axis solar tracker solutions, has been acquired by Gensol Engineering Limited, a prominent solar engineering, procurement, and construction (EPC) business.Continue Reading
Mahindra & Mahindra Ltd is in advanced negotiations with foreign investors to raise $1-1.3 billion by selling shares in its electric vehicles (EV) unit, this move is intended to accelerateContinue Reading
