Business & Finance

Business & Finance

BHEL secures ₹13,300 crore EPC deal from DVC for Koderma Thermal power project – EQ

June 28, 2024 Anand Gupta

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In Short : BHEL has secured a ₹13,300 crore EPC contract from DVC for the Koderma Thermal Power Project. This deal involves developing two 800 MW units, boosting power generation capacity and supporting energy needs in Jharkhand. In Detail : This project, scheduled to be completed by BHEL, is expected to enhance DVC’s installed thermal […]

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Business & Finance

Hygenco and Ameropa sign strategic green ammonia supply deal, aiming for 1.1 mtpa by 2030 – EQ

June 27, 2024 Anand Gupta

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In Short : Hygenco and Ameropa have signed a strategic deal to supply green ammonia, targeting 1.1 million tons per annum (mtpa) by 2030. This partnership aims to advance sustainable ammonia production, contributing to global decarbonization efforts. In Detail : BASEL, Switzerland : Hygenco Green Energies and Ameropa, have signed a Term Sheet in view […]

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Business & Finance

Juniper Green Energy signs 150 MW PPAs with SECI for wind-solar hybrid projects – EQ

June 27, 2024 Anand Gupta

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In Short : Juniper Green Energy has signed 150 MW Power Purchase Agreements (PPAs) with SECI for wind-solar hybrid projects. These agreements will enhance renewable energy integration, providing a reliable mix of wind and solar power for sustainable energy solutions. In Detail : The company has signed another PPA (Power Purchase Agreement) with the Solar […]

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Business & Finance

Inox Green Energy Services gets board approval to raise Rs 1,050 crore – EQ

June 27, 2024 Anand Gupta

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In Short : Inox Green Energy Services has received board approval to raise ₹1,050 crore. The funds will support the company’s growth initiatives, enhance renewable energy services, and expand its operations in the green energy sector. In Detail : Inox Green Energy Services on Wednesday said its board of directors has approved a proposal to […]

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Business & Finance

Cleantech Solar Secures INR 855 Crore Long-Term Green Financing from Aseem Infrastructure Finance Towards Advancement of Open Access Portfolio in India – EQ

June 26, 2024 Anand Gupta

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In Short : Cleantech Solar has secured INR 855 crore in long-term green financing from Aseem Infrastructure Finance. This funding will advance Cleantech Solar’s open access portfolio in India, supporting the expansion of renewable energy infrastructure and sustainable power solutions. In Detail : Mumbai (Maharashtra) [India] : Cleantech Solar, a leading provider of renewable energy […]

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Business & Finance

Adani to invest Rs 2 lakh cr in renewable energy capacity addition by 2030 – EQ

June 26, 2024 Anand Gupta

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In Short : Adani Group plans to invest ₹2 lakh crore in expanding its renewable energy capacity by 2030. This substantial investment aligns with the group’s commitment to sustainability and aims to significantly increase its contribution to India’s clean energy sector. In Detail : Ahmedabad : Adani group is looking to invest about Rs 2 […]

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Business & Finance

NTPC board to consider raising up to Rs 12,000 cr via bonds on Jun 29 – EQ

June 26, 2024 Anand Gupta

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In Short : The NTPC board will consider raising up to ₹12,000 crore via bonds on June 29. The funds will support NTPC’s ongoing projects and investments in power generation, enhancing its financial capabilities for future expansions. In Detail : State-owned power giant NTPC on Tuesday said its board on June 29 will consider a […]

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Business & Finance

Adani Group plans to invest Rs 1.3 lakh crore across its portfolio companies this fiscal – EQ

June 26, 2024 Anand Gupta

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In Short : Adani Group plans to invest ₹1.3 lakh crore across its portfolio companies this fiscal year. This substantial investment will support expansion in infrastructure, renewable energy, and other sectors, aligning with the group’s growth strategy and economic contributions. In Detail : Asserting that this year will be about project completion, Jugeshinder Singh said […]

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Business & Finance

PLSIND AND SBI TO PROVIDE FINANCING SOLUTION TO SOLAR-INTERESTED CUSTOMERS – EQ

June 25, 2024 Anand Gupta

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In Short : PLSIND and SBI have partnered to offer financing solutions for customers interested in solar energy. This collaboration aims to make solar power more accessible by providing financial support, encouraging broader adoption of renewable energy systems. In Detail :  The company is targeting specific regions with high solar energy potential to increase market […]

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Business & Finance

L&T bags order to construct 185MW Solar PV Plant with 254MWh storage in Bihar – EQ

June 25, 2024 Anand Gupta

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In Short : Larsen & Toubro (L&T) has secured a contract to build a 185 MW solar PV plant with 254 MWh of storage in Bihar. This project enhances renewable energy capacity and supports reliable power supply through integrated energy storage. In Detail : According to L&T’s classification, the value of this significant contract ranges […]

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