Cipla to Procure Power from AMP Energy’s 16 MW Open Access Solar Project

Cipla to Procure Power from AMP Energy’s 16 MW Open Access Solar Project

Indian multinational pharmaceutical company Cipla Limited entered into a share subscription and shareholder’s agreement along with a power purchase agreement (PPA) to acquire a 32.49% stake on a fully diluted basis ...
/ / Finance and M&A, Solar
Multi-Year Tariffs Crucial For Visibility and Growth of Open Access Solar Market

Multi-Year Tariffs Crucial for Visibility and Growth of Open Access Solar Market

The open access solar market is steadily growing in India, providing a viable alternative for developers who do not wish to participate in extremely competitive auctions for large-scale projects or ...
/ / Mercom Research Focus, Other
Uniform and Stable Policies Needed for Open Access Solar Market to Grow in India

Uniform and Stable Policies Needed for Open Access Solar Market to Grow in India

Mercom hosted a webinar on July 30, 2021, to take a close look at the policy framework and consumer feedback on the open access solar market in India. The webinar ...
/ / Markets & Policy, Solar
Cipla to Procure Solar Via Open Access Under Group Captive Model from AMP Energy

Cipla to Procure Solar Via Open Access Under Group Captive Model from AMP Energy

Indian pharmaceutical major Cipla will be procuring solar from a 20 MWac (30 MWdc) group captive project in Tuljapur, Maharashtra. Spread across 115 acres, the solar project has been commissioned ...
/ / Finance and M&A, Solar
Pharmaceutical Major Cipla Set to Acquire 26% Stake in AMP Solar's SPV at ₹129 Million

Pharmaceutical Major Cipla Set to Acquire 26% Stake in AMP Solar’s SPV at ₹129 Million

A filing made at the Bombay Stock Exchange (BSE) states that Mumbai-based global pharmaceutical major Cipla Limited has signed an agreement to acquire 26% stake on a fully diluted basis ...
Bonds

Oriano Solar Raises Rs.200 Million in Series A Funding

Oriano Solar, a solar focused EPC firm, has raised Series A funding of Rs.200 million ($3 million) from Samridhi Fund, which is managed by SIDBI Venture Capital Ltd. The investment ...
/ / Finance and M&A, Solar