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Methodology for use of coal (allocated to states) by Private Power generating stations (IPPs) amended – EQ Mag Pro

Measures towards more efficient utilization of domestic coal In line with various measures being taken in view of increasing power demand, Power Ministry has amended the methodology for use of coal (allocated to states) by Private Power generating stations (IPPs). Larger visibility has been given to the power plants by extending the period of supply of […]

Growing Appeal Of Offshore Bonds Offers Hope For India’s Green Energy Push – EQ

KPI Global Infra Soars 2.5% After Commissioning 7.76 MW (DC) Solar Power Plant Under IPP

The total cumulative plant capacity under the IPP Category of the solar power plant as of date has gone up to 56.98 MW – DC, the company said. KPI Global Infrastructure Limited has successfully commissioned a new capacity of 7.76 MW (DC) in its existing solar power plant at Village-Sudi & Tancha, Ta-Arnod, District- Bharuch. […]

Growing Appeal Of Offshore Bonds Offers Hope For India’s Green Energy Push – EQ

PROJECTS: Financial Close For 1.5-Gigawatt Saudi Solar Project a Week Away

Sudair PV IPP forms part of Saudi Public Investment Fund’s renewable energy programme. Saudi Arabia’s largest solar photovoltaic (PV) project, the 1.5-gigawatt Sudair PV Independent Power Project (IPP), will reach financial close in a week, a senior official from the developer consortium said. The financial close for the 3.5 billion Saudi Riyal ($930 million) solar […]

Construction of 5 solar parks underway across Iran -EQ

COVID-19 Crisis: Sembcorp Industries’ India Unit Donates More Than 400 Oxygen Concentrators

Singapore-based Sembcorp Industries’ India unit has donated more than 400 medical oxygen concentrators to support the nation’s fight with the world’s worst outbreak of coronavirus pandemic. Sembcorp, which has a portfolio of thermal and renewable power plants in India, donated the oxygen concentrators to KVN Foundation, a Bangalore-based non-profit organisation, the company said in a […]

Growing Appeal Of Offshore Bonds Offers Hope For India’s Green Energy Push – EQ

Aker Horizons Closes Transaction to Acquire Mainstream Renewable Power

Aker Horizons ASA (“Aker Horizons”) has finalized and closed the transaction to acquire Mainstream Renewable Power Ltd. (“Mainstream”), a global pure-play renewable energy company. Existing Mainstream shareholders have re-invested and retain 25 percent ownership in the company. As part of the transaction, Aker Horizons also acquired an interest in superconductor technology company SuperNode. The transaction […]

Citigroup expects India to attract $100 billion in foreign Investments – EQ

Masdar Submits Lowest Bid for Uzbekistan’s Sherabad PV Solar Project

UAE-based Masdar has submitted the lowest bid for the planned 200MW Sherabad photovoltaic (PV) solar independent power producer (IPP) project in Uzbekistan. Masdar’s bid of $cents1.8045/kWh was the only bid below $2cents/kWh. The consortium of China’s Jinko Power and China Power Holding International submitted the second lowest tariff of $cents2.1621/kWh. Saudi Arabia’s Acwa Power submitted […]

Construction of 5 solar parks underway across Iran -EQ

EGYPT: Sungrow to Install Inverters for the Kom Ombo Solar Power Plant (200 MWp)

Chinese company Sungrow Power Supply has been chosen by Saudi Arabian independent power producer (IPP) Acwa Power to supply the inverters for the Kom Ombo solar photovoltaic plant. The facility, which is being built by India’s Sterling and Wilson, will have a capacity of 200 MWp, making it one of the largest solar power plants […]

Construction of 5 solar parks underway across Iran -EQ

Pinsent Masons advises on the project financing of the Rabigh Solar PV IPP Project in the Kingdom of Saudi Arabia

Multinational law firm Pinsent Masons has advised the financiers (Japan Bank for International Cooperation, Mizuho Bank and Al Rajhi Banking and Investment Corporation) on the project financing provided to a consortium led by Marubeni Corporation in joint venture with Al Jomaih Energy & Water Company Limited of the 300MW solar power plant to be built […]

Construction of 5 solar parks underway across Iran -EQ