Global investment firm KKR will acquire five solar energy assets from SP Infra (Shapoorji Pallonji Infrastructure Capital) for total consideration of INR15.54 billion (approximately US$204 million). The portfolio comprises ofContinue Reading
“Sterling and Wilson Solar Ltd (SWSL) has received additional Rs 500 crore against loans outstanding from Sterling and Wilson Private Limited (SWPL) and its subsidiary Sterling and Wilson International FZEContinue Reading
The 150-year old Shapoorji Pallonji Group is looking to raise $650 million through the sale of some stake in Sterling & Wilson Solar. Funds raised through the IPO are expectedContinue Reading
Engie Solar, which has an 810 megawatt (MW) solar portfolio in India, has hired Rothschild and Co. to find a buyer for the assets. Private equity (PE) fund Actis LlpContinue Reading
Shapoorji Pallonji Infrastructure Capital on Sunday said it has completed sale of 194 MW of operating solar portfolio to Sprng Energy, renewable energy arm of investment firm Actis. The transactionContinue Reading
The Ministry of Finance has now announced that the government will, for the time being, not insist on the payment of safeguard duty on solar imports after the recent stayContinue Reading
In the latest solar auction of 860 MW conducted by Karnataka’s Renewable Energy Development Ltd (KREDL) the solar tariffs rose sharply from their lowest level. The winning price was RsContinue Reading
China-based Trina Solar, the world’s biggest solar panel maker, has put on hold its make-in-India plan to set up a 1,000 megawatt manufacturing unit in India because of low pricesContinue Reading
