Welspun

GUVNL Awards 250 MW Solar Tender With Greenshoe Option At ₹2.60/kWh

GUVNL has recently concluded its 250 MW solar auction with a greenshoe option. These projects were awarded to three winners: Welspun Renewable Energy, Avaada Energy, and SAEL Industries. GUVNL issued the tender for this project in January 2025, and the results were announced within a record time of two months. As per the tender announcements, […]

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Emails reveal Tata trustees had a role in Welspun deal structuring

Email records, which were part of the supporting documents, submitted by Tata Sons Ltd’s former chairman Cyrus P. Mistry to shareholders ahead of extraordinary general meetings (EGMs) of Tata companies reveals that Tata Trusts trustees had a role in Welspun deal structuring. According to Livemint in July this year the office of Noshir Soonawala, a […]

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Tata Sons was aware about the Welspun deal: Mistry

Former chairman of Tata Group, Cyrus Mitry said Tata Sons board including Ratan Tata and nominee directors of the Tata trust was aware about the acquisition of Welspun Renewable Energy. Mistry in a statement issued late Friday said “It is surprising that Mr Tata has sought to justify Monday’s conduct by making vague public statements […]

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