Two companies—Indian Energy Exchange and General Insurance Corporation Of India—are set to launch their initial public offerings (IPOs) this week to raise about Rs12,371 crore.
The European Investment Bank (EIB) will provide €500 million support to the Bangalore Metro Rail Corp. Ltd for the purchase of train cars and the construction of metro stations, a European investment bank said Friday.
While the drop in wind power tariff to Rs2.64 per unit, at an auction conducted by Solar Energy Corp. of India Ltd on Thursday, may seem like a great positive, industry insiders feel it is likely to do more harm than good to the sector.
Given the uncertainties surrounding India’s renewable energy industry, Hyderabad-based Greenko Group is planning a $750 million equity investment for buying power transmission and distribution (T&D) assets to diversify.
Given the uncertainties surrounding India’s clean energy space, Hyderabad-based Greenko Group is planning a $750 million equity investment for buying power transmission and distribution (T&D) assets to diversify.
A push to use more natural gas by the world’s fastest-growing oil guzzler is getting a boost from an unlikely source: the nation’s gasoline and diesel makers.
Singapore-based power producer Sembcorp Industries Ltd is preparing to list its Indian unit, according to two people aware of the plan.
The National Democratic Alliance (NDA) government has given a fresh lease of life to the public-private partnership (PPP) projects across sectors such as housing, railways, roads, aviation, power distribution, mining and even school education and health services.
The world’s largest coal miner, CIL (Coal India Limited), is lining up nearly Rs8,500 crore as capital expenditure and Rs6,500 crore for various other projects in the ongoing fiscal.
A joint venture (JV) of French energy firm Engie SA and Dubai-based private equity firm Abraaj Group may invest around $1 billion to build a 1,000 megawatt (MW) wind power platform in India.