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