Cabinet Approves Asset Monetization of Power Grid Corporation Through InvIT Model

Cabinet Approves Asset Monetization of Power Grid Corporation Through InvIT Model

The Ministry of Power (MoP) announced that the Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi, has approved the asset monetization of the Power Grid Corporation of ...
/ / Grid, Market & Policy
CERC Approves Tariffs of ₹2.53_kWh and ₹2.65_kWh for 480 MW of Solar Projects

CERC Approves Tariffs of ₹2.53/kWh and ₹2.65/kWh for 480 MW of Solar Projects

The Central Electricity Regulatory Commission (CERC) has approved tariffs for 480 MW of solar projects discovered by the Solar Energy Corporation of India (SECI) in its auction for 1.2 GW ...
Adani Green Gets Stakeholders’ Approval to Raise ₹25 billion

Adani Green Gets Stakeholders’ Approval to Raise ₹25 Billion

Adani Green Energy Limited (AGEL) announced that it had received approval from its shareholders to raise ₹25 billion (~$331 million). The approval was granted during the company’s fifth annual general ...
Government Reiterates Guidelines to Facilitate Essential Services During Lockdown

Government Reiterates Guidelines to Facilitate Essential Services During Lockdown

The Ministry of Home Affairs (MHA) has reiterated its guidelines asking the authorities of states and union territories (UTs) to adhere to its instructions after noting that they were not ...
/ / Other
West Bengal Approves 20 MW of Solar Projects

West Bengal Approves 20 MW of Solar Projects

The West Bengal Electricity Regulatory Commission (WBERC) has approved the development of 20 MW of solar projects in the Birbhum district of the state. The commission has further directed the ...
/ / Solar, Utility Scale
Urja Global to Issue Green Bonds of up to $500 Million to Finance Renewable Projects & EVs

Urja Global to Issue Green Bonds of up to $500 Million to Finance Renewable Projects & EVs

Urja Global Limited has announced that it has received the approval to raise green bonds of up to $500 million (₹35.64 billion) to finance renewable projects and electric vehicles (EVs) ...
/ / Finance and M&A, Other
MNRE Approves ‘Series’ Guidelines for Quality Testing of Solar Inverters

MNRE Approves ‘Series’ Guidelines for Quality Testing of Solar Inverters

The Ministry of New and Renewable Energy (MNRE) has approved the series guidelines for grouping solar inverters. These series guidelines pertain to conducting tests in laboratories for the implementation of ...
/ / Inverters & BOS, Solar
ACME’s Initial Public Offering to Fund Bhadla Solar Project

ACME’s $337 Million Initial Public Offering to Fund Bhadla Solar Project

The Securities and Exchange Board of India (SEBI) has approved ACME Solar Holdings’ Initial Public Offering (IPO) worth ₹22,000 million (~$336.86 million). The face value of each equity share is ...
/ / Finance and M&A, Solar
Rewa Solar Park Projects

Breaking: Payment Guarantee Approved for Rewa Solar Park Projects

The state cabinet of the Government of Madhya Pradesh, today, approved the payment guarantee to be provided to solar project developers in the Rewa Ultra Mega Solar (RUMS) park. An ...
/ / Solar, Utility Scale