India’s clean energy firms such as ReNew Power Ventures Pvt. Ltd and Greenko Group are looking at diversifying across the electricity value chain in segments such as transmission and distribution to derive better value.
India’s wind power tariff fell to a record low of Rs2.64 per unit in an auction conducted by state-run Solar Energy Corp. of India (SECI) for 1 gigawatt (GW) of wind power contracts that ended in the wee hours of Thursday morning.
Renewable energy firm ACME Group has filed a draft proposal with the Securities and Exchange Board of India to take its solar power arm public through an initial public offering.
Two of India’s biggest renewable energy companies, Greenko Group PLC and ReNew Power Ventures Pvt Ltd, plan to sell a combined $750 million worth of rupee-denominated bonds in the domestic market, three bankers told Reuters on Tuesday.
Renew Power Launches ‘Sumant Sinha Renew Centre Of Excellence For Energy & Environment In Collaboration With Indian Institute Of Technology (IIT), Delhi
ReNew Power Ventures Pvt. Ltd. (“ReNew Power”), India’s leading renewable energy company, today announced the launch of the ‘Sumant Sinha ReNew Centre of Excellence (CoE) for Energy & Environment’ at the Indian Institute of Technology (IIT), Delhi.
Sumant Sinha, founder of Goldman Sachs-backed green energy producer ReNew Power Ventures Pvt. Ltd, has raised around $100 million in structured credit from Piramal Capital’s structured financing group (SFG) to raise his stake in the company ahead of a proposed initial public offering (IPO)