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IndiGrid Completes Acquisition of RInfra Stake in PKTCL for Rs 900 Cr

RInfra has successfully completed the sale of its entire 74 percent equity stake in PKTCL to IndiGrid for an enterprise value of Rs 900 crore Reliance Infrastructure Limited (RIL) has announced that it has successfully completed the sale of its entire 74 percent equity stake in Parbati Koldam Transmission Company Limited (PKTCL) to India Grid […]

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Sterlite Power Raises Rs 200 Crore, Focus on Greening the Grid

Sterlite Power has raised Rs 200 crore in debt financing from Allianz GI, representing the firm’s 1st infrastructure sector deal in India. Sterlite Power, a leading global power transmission player, has announced that it has raised Rs 200 crore in debt financing from Allianz Global Investors (Allianz GI) – a leading investment managers firm with […]

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Emergence of Asia-Pacific Renewable Energy Sector

By Suman Jagdev, Director & Lead – Strategy Consulting, GCA Corporation, Mumbai  The Sustainable Development Goals (SDGs) adopted by the United Nations has led to articulation of clear actions for a sustainable world underpinned by responsible consumption and production.  Governments are required to meet targets assigned by the United Nations and frame adequate regulations and […]

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Can ATUM Bridge The Rooftop Solar Gap for India?

For Hyderabad based Visaka Industries, an established firm (Rs 1057 crore revenues in 2019-20) in the construction sector with multiple product lines ranging from corrugated cement sheets, fibre cement boards, and manmade yarn, the move into Hybrid solar roofs might be the most transformational yet. Not only does the new venture mark its entry into […]

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Saving Your Rooftop PV Plant From a Lighting Strike

Background Residential PV systems are generally installed on the rooftop of residential buildings, with a large metal surface area, higher distance from the ground and exposed location. That makes these PV systems a possible target for lightning during thunderstorms. Thus, having good lightning protection and grounding becomes key to avoid any incidents that could cause […]

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VSL Awarded Contract for Hybrid Tampen Floating Wind Farm

Kværner has awarded VSL the contract for the post-tensioning works for the 11 floating concrete hulls for wind power turbines of the Hywind Tampen project in Norway. VSL will be responsible for the post-tensioning works of the semi-submersible concrete structures which will require installation of vertical post-tensioning tendons in the hulls with the length up […]

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Sungrow Ends 2020 on High, Crossing 7 GW PV Inverter Shipments in India

Sungrow, the global leading inverter solution supplier for renewables, declared that its cumulative shipments to India crossed 7 GW by the end of 2020, testimony to its wide acceptance among the leaders in India’s growing decarbonized energy space. Accelerated growth during a tough year. During this year, the Indian market saw a series of tenders […]

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Andhra Pradesh’s 6400 MW Solar Bid Challenged By Tata Power

Tata Power Renewable Energy has managed to get a stay from the Andhra Pradesh High Court on the massive 6,400 MW ultra mega solar project. The project was being projected by the state government  as a clear sign of its recovery from the disputes it created with developers and its ability to draw investor interest […]

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Sembcorp India Confirms 400 MW Solar Capacity Win in Rajasthan

Sembcorp Energy India has confirmed that it has won a 400 MW solar power project in Rajasthan in a closely contested auction conducted by SECI. Sembcorp Energy India Limited (SEIL), a wholly-owned subsidiary of Sembcorp Industries, has won a bid for a new 400 MW solar power project. Through its renewables subsidiary, Sembcorp Green Infra, […]

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