With the announcement of proposed incentives for manufacture of batteries, Indian companies have started firming up plans to set up large production factories. One of India’s largest chemical manufacturing companies — Tata Chemicals — announced plans to set up a lithium-ion battery plant in the western state of Gujarat. Tata … [continued]
One of India’s leading private sector power companies is the latest to reportedly consider setting up a yieldco.
The Indian state of Gujarat has struck gold in its latest solar power auction as project developers submitted one of the lowest-ever bids seen in the Indian market for utility-scale solar power projects.
A large solar power tender launched by the west Indian state of Maharashtra has witnessed encouraging responses from some of the leading renewable energy developers in India. The tender is among the largest issued by a state in the last few months, and marks a crucial point in the current scheme of things as similar tenders have dried up at the central government level.
India’s ‘largest integrated power company’ Tata Power reported a huge increase in profit from its renewable energy business during the financial year ending March 2018.
Indian companies continue to push for innovation with an endeavor to meet the highly ambitious renewable energy target set by the government. The conducive policy and regulatory regime for the development of renewable energy in the country has reaped the first solar-powered carport.
One of India’s leading private power generation companies, Tata Power, has reported a huge jump in profit from its renewable energy division.
One of India’s leading private sector power companies is planning to infuse large sums of equity into its renewable energy subsidiary to enable the latter to execute large-scale solar power projects.
Corporate filings made by Tata Power earlier this month have confirmed media reports that the company will undertake India’s largest ever renewable energy buyout. Tata Power, part of the Tata industrial conglomerate, has announced that it entered an agreement to acquire renewable energy assets of Welspun Renewables Energy, part of … [continued]
The renewable energy arm of one of the leading private power generation companies in India has raised fresh funding. Tata Power Renewable Energy raised Rs 575 crore (US$86 million) through the issuance of non-convertible debentures (NCDs) on a private placement basis. The funds raised will be use to retire high-cost … [continued]
