Tata Power

Tata Power Renewable Energy Raises $86 Million

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]

Delhi Utility To Float 700 MW Renewable Energy Tender!

Originally published on Sustainnovate. The rapidly increasing competition in solar power auctions in India have promoted utilities to take advantage of the falling tariffs and procure electricity to meet their renewable purchase obligations. Delhi-based power utility BSES has announced plans to procure renewable energy power purchase agreements amounting to 700 … [continued]