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Recent weeks have brought news of two IPO’s from firms in the sector. First is of course Sterling and Wilson’s plans for a billion dollar IPO, with almost $650 million being the shares offered by key promoters Shapoorji Pallonji and Co and Chairman Khurshed Yazdi Daruvala for sale. The firm, which clocked a topline of […]
The Gurgaon based solar solutions provider is responsible for the complete design, supply, construction and commissioning of the plant which is being developed at the food processing unit of SSDPL in Baramati, Pune. Radite Energy, a complete turnkey solution provider for solar energy in India, has secured 1.14 MW project in Pune from Amplus Solar. […]
Further, the consolidated operating revenues of the company increased by Rs 40.2 crore, or 22 per cent to Rs 2,22.6 crore during Q2 2018-19, against the same period last year. Leading independent solar power producer Azure Power Global reported its consolidated net loss narrowed significantly to Rs 29.8 crore during the July-September quarter of FY19, driven […]
The consumers can avail a chance to earn from their idle rooftop space. Tata Power Solar has launched a complete residential rooftop solution in Bhubaneswar providing up to Rs 50,000 worth of saving annually for a period of 25 years. The consumers can avail a chance to earn from their idle rooftop space. To further […]
In a significant development, Gurgaon based Radite Energy Secured 26 MW Solar Project from Renew Power KTK Pawagada. Radite Energy is already doing two projects at same location(Azure 75 MW and 15 Avada ). Company confirmed this is first order from Renew power they are going to execute. This is one of the biggest order that […]
As part of this offering, the company has granted the underwriters a 30-day option to purchase up to an additional 1,200,000 equity shares at the public offering price, less underwriting discounts and commissions. Azure Power Global (Azure Power) has priced its underwritten public offering of 14,800,000 equity shares (offering) at a public offering price of […]
LTTS Azure-powered Smart City, Campus & Building solution now offering integration with Microsoft Dynamics 365 for Field Service Enterprises can realize productivity benefits by seamlessly tapping into Dynamics 365 for Field Service in real-time with LTTS Smart City, Campus & Buildings i-BEMS solution L&T Technology Services Limited (NSE: LTTS), a pioneering global industrial and engineering, […]
The non-issuance of rules and regulation related to the Inter-State Transmission System (ISTS) and General Network Access has worried developers. It has also caused uncertainty over grid connectivity for the renewable projects in the country. The lingering issue of transmission has prompted solar project developers to urge Ministry of New and Renewable Energy (MNRE) to […]
The Ministry of Power said in a statement that, it had recently issued the model bid documents, model PAPP and PPSA on 6th April 2018. The government has launched a pilot scheme for the procurement of aggregate 2500 MW power on a competitive basis for three years under medium term i.e. from generators with commissioned projects […]
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