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Rays Power Experts Raises Rs 20 Cr Equity Funding

Rays Power Experts, a leading full-service solar park developer in India, has raised INR 200 million in equity funding. The lead advisor for this transaction was Swastika Investmart Limited. The funding round included investments from prominent investors such as the Sunil Singhania family office, Vyom Wealth Advisors, Lalit Dua of Rajasthan Global Securities, Vineet Arora []

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Rays Power Announces Closure Of Rs 127cr Fund Raise

Rays Power Infra, a solar EPC and turnkey solution provider company today announced the successful closure of a fundraise of Rs 127 crores as equity capital. The company is also gearing up to file its IPO Draft Red Herring Prospectus (DRHP) in the last quarter of the year, setting the stage for further fundraising to []

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What The Green Industries Said About Budget 2024?

Hours after Finance Minister Nirmala Sitharaman announced the Union Budget 2024, the industry leaders also reacted to the budget announcements. Many of them talked about the benefits and challenges of the industry in the light of the announcements. The minister, in her budget speech talked about imposing Customs Duty on solar glass imports and include []

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JSW To Add New Solar Capacities To Karnatakas Pavagada Solar Park

JSW Energy Limited received a Letter of Award (LoA) from Karnataka Renewable Energy Development Limited (KREDL) for setting up a 300 MW solar power project at Pavagada Solar Park in Karnataka. Pavagada Solar Park in the Tumkur district of Karnataka is one of the largest solar parks of India. It is also the single site []

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Oriana Power Secures Order For 25MWp Agro PV Project In Delhi

Oriana Power Ltd., a renewable energy solutions provider, bagged an order to set up a 25MWp Group Net Metering Solar Power Plant (Agro Photovoltaic) for a real estate company. This project is developed with underground cabling up to 10km including RoW for a 25 MWp captive solar power. The plant is under the Group Net []

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Indias Data Centre Boom Opens Up A Fresh Segment For Green Developers

By-Tej Prakash Bharadwaj & Manish Kumar   Notwithstanding the sluggish growth of data centres in India in the early 2000s, the advent and popularity of AI means that the data center sector in India is now set for a significant expansion matching its status as a regional power.  With a total capacity of around 1,000 Megawatt []

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Cleantech Solar Secures Rs 855 Cr Financing From Aseem Infrastructure Finance

Cleantech Solar, a renewable energy solution provider with operations in India and Southeast Asia, has announced the financial close of a long-term senior secured loan of Rs. 855 crores from Aseem Infrastructure Finance Limited. This loan is to expand the companys open-access Commercial and Industrial (C&I) portfolio in India. The Rupee Term Loan (RTL) is []

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THDC Issues Tender for Land Acquisition to Develop 2 GW Solar Park

THDC India Limited, a power sector public sector enterprise under the ownership of National Thermal Power Corporation (NTPC), Ministry of Power, has issued a tender inviting bids for the appointment of a consultant. The tender seeks bids for consultation on the acquisition of land for the development of 2 GW Ultra Mega Renewable Energy Power []

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NTPC REL Invites Bids For 1000 MW Wind Energy Project In Karnataka

NTPC Renewable Energy Limited (NTPC REL) has invited bids for the balance of the system package of an Inter-State Transmission System (ISTS)-connected wind energy project with a capacity of 1000 MW in Davangere Region in Karnataka under (Tranche-IV). The NTPC-REL tender was mandated the bidders to take up the responsibility of detailed design, engineering, micro-siting, []

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