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DVC’s Rs 1,500 crore push to modernise power supply – EQ

In Short : The Damodar Valley Corporation (DVC) has initiated a Rs 1,500 crore project to modernize its power supply infrastructure and cut transmission and distribution losses. The plan includes upgrading aging systems, deploying smart grid technologies, and enhancing energy management. Aimed at improving efficiency and reliability, the project supports India’s goals for a sustainable […]

MNRE likely to meet half of the PM Surya Ghar Yojna target for FY25 – EQ

IREDA bond issue raises Rs 1500 crore, oversubscribed 2.65 times – EQ

In Short : IREDA’s bond issue raised ₹1,500 crore, being oversubscribed 2.65 times. The strong investor interest underscores confidence in the organization’s ability to finance renewable energy projects and support India’s clean energy transition. In Detail : State-owned Indian Renewable Energy Development Agency (Ireda) on Friday said it has raised Rs 1,500 crore through a […]

Terabase Energy secures $130m funding from SoftBank Vision Fund 2 – EQ

Sterling and Wilson Renewable Energy raises Rs. 1,500 crore through Qualified Institutions Placement (QIP) route – EQ

Mumbai : Sterling and Wilson Renewable Energy Limited (SWRE) (BSE Scrip Code: 542760; NSE Symbol: SWSOLAR) has, on Thursday, December 14th, 2023, announced the completion of a fundraise of Rs. 1,500 crore through Qualified Institutions placement (QIP) route. The Securities Issuance Committee of Board of Directors at its meeting held on December 14th, 2023 approved […]

UK Energy Minister Ed Miliband in Beijing to press China on emissions – EQ

Bain Emerges as Top Contender to Acquire Adani Capital for Rs 1500 Crore – EQ Mag

The acquisition deal is expected to see Bain Capital pay Rs 1,500 crore, which is twice the book value, and additionally, inject Rs 500 crore as primary capital for future growth. Bain Capital in advanced talks to acquire Adani Capital Deal valued at Rs 1,500 crore; Bain Capital leads negotiations Adani aims to focus on […]

Terabase Energy secures $130m funding from SoftBank Vision Fund 2 – EQ

JSPL to invest Rs 1,500 crore to make Monnet Power project operational – EQ Mag

Jindal Steel and Power Limited (JSPL) will invest up to ₹1,500 crore to make recently-acquired Monnet Power operational, its Managing Director Bimlendra Jha said. The investment will be made over the period of the next 12 to 18 months, he said. In December 2022, the steelmaker acquired debt-laden Monnet Power for ₹410 crore through the […]

Terabase Energy secures $130m funding from SoftBank Vision Fund 2 – EQ

Hero Motors readies for Rs 1500 crore EV push – EQ Mag

Hero Motors, the auto components arm of the Hero Motors Company Group, is planning to invest Rs 1,500 crore over the next three years to expand its presence in the market for electric vehicle (EV) components. The company recently raised growth equity capital from private equity firm GEF Capital Partners and its limited partners in […]

Ather Energy ties up with BPCL to expand charging infrastructure