SUBSCRIBE NEWS LETTER

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REC Limited Raises USD 500 Million Through Bonds

REC Limited has successfully raised USD 500 million 5.5-year Reg-S only bonds issued under its Global Medium Term Programme of USD 7 billion. Proceeds of the bond will be used to finance power projects following the approvals granted by the RBI from time to time and under the ECB Guidelines. This is REC Limited’s eighth […]

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Sterlite Power elevates Manish Agarwal as CEO of Infrastructure & Solutions Business

Sterlite Power, a leading global developer of power transmission, today announced the elevation of Manish Agarwal as CEO of the Infrastructure business, in addition to his existing role as CEO for the Solutions Business. Manish has been associated with the Sterlite Group for 22 years and has held various leadership positions across the organization. Prior […]

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Deadline for 20 MW Solar Plus 20 MW Storage Tender in Leh Extended. Again.

SECI has extended the bid submission deadline for its tender for the commissioning of a 20 MW solar with 20 MW storage project in Leh, Ladakh. Keeping up with its recent trend, the Solar Energy Corporation of India (SECI) has notified the extension in bid submission deadline for another tender. This time it has extended […]

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Sungrow Makes a Resolution to Aatmanirbhar Bharat with 10 GW Expansion Plan

Sungrow has reiterated its commitment to the Indian market by announcing the expansion of local manufacturing capacity to 10 GW per annum Sungrow, a leading inverter solution supplier for renewables, has reiterated its long-term commitment to the Indian market by announcing the expansion of local manufacturing capacity to 10 GW per annum, making it the […]

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Essar to Commission Rs 300 Cr – 90 MW Solar Plant in Madhya Pradesh

Essar Power will foray into renewable energy, setting up a 90 MW solar plant in Madhya Pradesh at an investment of Rs 300 crore. Essar Power has announced its foray into the renewable energy segment and will be setting up a 90 MW solar plant in Madhya Pradesh at an investment of Rs 300 crore. According to CEO Kush Singh, the […]

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ReNew Power to be Publicly Listed on the Nasdaq, Valued at $8Bn

Sumant Sinha led Renew Power Private Limited, the country’s leading renewable energy generator has started the process to achieve a listing at the NASDAQ market in the US via the SPAC (Special Purpose Acquisition Company) route. As of December 2020, ReNew had a total capacity of close to 10 GW of wind and solar power […]

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Flipkart to Deploy 25,000 EVs in Supply Chain, Partners with EV Manufacturers

India’s homegrown e-commerce marketplace, Flipkart today announced that it is going to deploy more than 25,000 electric vehicles (EVs) by 2030. This initiative has been taken up to achieve its commitment to transit its logistics fleet into EVs and help set up charging infrastructure around delivery hubs and offices to fast track the EV adoption […]

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3-Wheeler Manufacturer Piaggio Enters EV Industry, Launches Ape e-Xtra FX Segment

The pioneer of 3-wheeler goods transportation in India, Piaggio Vehicles has entered the electric vehicle (EV) industry. Piaggio has launched a new e-cargo segment, Ape’ e-Xtra FX. The company has launched this FX range (fixed battery) of EVs in both the cargo and passenger segments, as it has also launched the 2021 version of its […]

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Vikram Solar Further Strengthens Its Retail Footprint with Entry into the State of Telangana

Vikram Solar, one of India’s leading module manufacturers and a prominent EPC & Rooftop solar solutions provider announced the expansion of its retail footprint into Telangana by partnering with 3S SOLUTIONS, a leading distributor for high quality solar products and services. The announcement was made in presence of Sri N. Janaiah, Vice Chairman & Managing […]

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