Tata Power Ltd and Actis LLP are in separate talks to buy the solar power business of Subhash Chandra’s Essel Infraprojects Ltd. The interest from the Indian power producer andContinue Reading
Re-New Power Ventures has finalised the takeover of Ostro Energy for an enterprise value of ₹10,800 crore ($1.66 billion), the biggest M&A deal in the renewables sector. This deal isContinue Reading
Actis LLP is keen to purchase the renewable energy assets of India’s Bhoruka Group, the Indian group currently has 321 MW of renewable energy capacity in its portfolio. The assetsContinue Reading
International Finance Corporation(IFC), part of World Bank group, is close to investing Rs 2,800 crore in Rewa Ultra Mega Solar Park in Madhya Pradesh. The investment will be in theContinue Reading
Stung by rising competition and missed opportunities in several of the recent solar and wind energy auctions, one of India’s leading renewable energy IPPs is aggressively exploring inorganic growth options.Continue Reading
