Thomas Lloyd Acquires Investor Shares in Solar Developer SolarArise Updated On Mon, Jan 30th, 2023 by Saurenergy Delhi-based SolarArise and Investment Fund Thomas Lloyd have announced the completion of acquisition of its investors shares by ThomasLloyd Energy Impact Trust (TLEI), an investment trust listed on the London Stock Exchange (LSE). The deal makes SolarArise an Indian utility scale solar company with its assets listed as a part of a trust on the […] Read more
MSEDCL Discovers Price of Rs 2.90/kWh In 500 MW Solar Tender Updated On Mon, Dec 5th, 2022 by Saurenergy The Maharashtra State Electricity Distribution Company (MSEDCL) has discovered a best price of Rs 2.90/kWh for 100 MW out of the 500 MW it auctioned to secure 500 MW of long-term power from grid-connected intrastate solar projects. SolarArise was the lowest bidder, while state owned SJVN Green Energy, and Tata Power subsidiary Tata Power Renewable […] Read more
ThomasLloyd Energy Will Buy 43% Stake in SolarArise India Updated On Wed, Mar 16th, 2022 by Saurenergy The Indian Government has given a go ahead to the proposal of ThomasLloyd Energy Impact Trust Plc to purchase 43% stake in SolarArise India Projects Pvt Ltd. The deal comes at $34.6 million (Rs 265 crores approx.) That values Solar Arise at approx. Rs 620 crores. ThomasLloyd says that in the second quarter of this […] Read more
CERC Permits SolarArise Subsidiary to get GST Compensation Updated On Sat, Aug 14th, 2021 by Saurenergy The Central Electricity Regulatory Commission (CERC) has ruled in favour of Talettutayi Solar Projects One Pvt. Limited (TSPPL), a subsidiary of Gurugram-based SolarArise, directing Solar Energy Corporation of India Limited (SECI) to pay the solar developer compensation for the increased cost of a project, excluding carrying cost, due to the implementation of the GST laws […] Read more
Solar Projects Worth 47 MW Commissioned in Gujarat and Karnataka Updated On Mon, Sep 23rd, 2019 by Saurenergy SolarArise and GACL have announced the successful commissioning of their solar power projects worth a combined 47 MW capacity in Karnataka and Gujarat. SolarArise India and Gujarat Alkalies and Chemicals (GACL) have recently announced the successful commissioning of their solar power projects worth a combined 47 MW capacity in Karnataka and Gujarat. The first project […] Read more
Thomaslloyd Buys Significant Stake in SolarArise India Updated On Wed, Oct 10th, 2018 by Saurenergy Following the investment, the company will become the largest shareholder in SolarArise. ThomasLloyd has acquired a significant stake in solar project developer SolarArise India Projects (SolarArise), which currently owns and operates 130 MW of grid-connected solar power projects in India. The company’s investment is expected to support it’s expansion of its solar energy capacity by […] Read more
