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 ...
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 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
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 ...
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 ...
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) ...
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 ...
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 ...
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 ...