Gujarat State Petroleum Corp. Ltd (GSPC) has revived its plan to sell stakes in 20 of its onshore oil and gas blocks, two people aware of the development said.
Attracted by India’s solar energy potential, French energy company Engie is in talks with the country’s largest roof manufacturer Everest Industries Ltd for a partnership for solar-ready roofs, said several people aware of the development.
Billionaire Dilip Shanghvi’s Sun Oil and Natural Gas is close to acquiring state-run Gujarat State Petroleum Corp.’s (GSPC) 66.67% stake in the Hazira gas field located in the Cambay basin in Gujarat
Tata Sons Ltd may shut down Tata Petrodyne Ltd (TPL), its oil exploration and production arm, as new chairman N. Chandrasekaran weeds out businesses that are unprofitable or lack scale
GVK Energy Ltd has closed funding for its 540 MW coal-fired power project in Punjab, having raised Rs500 crore from Deutsche Bank in priority funding, according to two people directly aware of the development.
The founders of three start-ups have expressed interest in mentoring students under the Atal Innovation Mission (AIM), NITI Aayog chief executive officer Amitabh Kant said on Friday.
India’s state-backed Energy Efficiency Services Ltd is considering an initial public offering as part of a plan to bring its power-savings business model to new markets including the UK.
IDFC Alternatives, the asset management arm of the infrastructure-focused lender, is in talks to buy First Solar’s 200 megawatts (MW) of renewable power assets in India in a deal potentially valued at around $200 million, two people aware of the development said.
NLC India Ltd (earlier known as Neyveli Lignite Corp. of India Ltd) is in talks with Hyderabad-based Ind-Barath Power Infra Ltd (IBPIL) to acquire the latter’s coal-fired power plant in Odisha, two people aware of the development said.
Technology firm Wipro Ltd on Wednesday announced that it is selling its EcoEnergy division to Delhi-based Chubb Alba