Global Solar EPC Company Sterling & Wilson Floats IPO Targeting to Raise ₹31.25 Billion

Global Solar EPC Company Sterling & Wilson Floats IPO Targeting to Raise ₹31.25 Billion

Sterling and Wilson Solar Limited (SWSL), the solar engineering and construction arm of the Shapoorji Pallonji Group, has floated its initial public offering (IPO) targeting to raise ₹31.25 billion (~$442 ...
ACME to Reduce its IPO Size from ₹22 billion to ₹10-15 billion

Solar EPC Company Sterling and Wilson Files for ₹45 Billion IPO

Sterling and Wilson Solar Limited, an engineering, procurement, and construction (EPC) company of Shapoorji Pallonji Group, has filed a draft red herring prospectus as part of its planned initial public ...
/ / Markets & Policy, Solar
Sri Lanka to Develop 28 Small Solar Power Projects

Actis Acquires 194 MW of Solar Assets from Shapoorji Pallonji

Actis has acquired 194 MW of operating solar power assets from Shapoorji Pallonji Infrastructure Capital (SP Infra) through Sprng Energy, its renewable energy platform in India. Actis is an investor ...
/ / Finance and M&A, Solar
TEPSOL and Shapoorji Pallonji Infra to Develop 100 MW of Solar Projects in Karnataka

TEPSOL and Shapoorji Pallonji Infra to Develop 100 MW of Solar Projects in Karnataka

The Karnataka Renewable Energy Development Limited (KREDL) has awarded 100 MW of grid-connected solar projects to be developed across five talukas of the state. The capacity has been awarded following a ...
/ / Solar, Tenders & Auctions
Lowest Tariff of ₹2.59/kWh Wins NTPC's 2 GW Solar Auction

Lowest Tariff of ₹2.59/kWh Wins NTPC’s 2 GW Solar Auction

Lowest (L1) tariff of ₹2.59 (~$0.0372)/kWh was quoted in the auction held by the National Thermal Power Corporation (NTPC) to develop 2 GW of interstate transmission system (ISTS)-connected solar photovoltaic ...
/ / Solar, Tenders & Auctions
Madras High Court Asks Customs to Clear Solar Modules Without Paying Safeguard Duty

Madras High Court Asks Customs to Clear Solar Modules Without Paying Safeguard Duty

Following the Orissa High Court order to stay the notification on the safeguard duty, the Madras High Court has now instructed customs officials at the Chennai port to provisionally release ...
/ / Markets & Policy, Solar
Azure Power and Shapoorji & Pallonji Win 250 MW of Solar Projects Tendered by MAHAGENCO

Azure Power and Shapoorji & Pallonji Win 250 MW of Solar Projects Tendered by MAHAGENCO

The Maharashtra State Power Generation Company (MAHAGENCO) has awarded solar photovoltaic (PV) projects totaling 250 MW under agricultural (AG) feeder program. The winning bidders are Azure Power and Shapoorji & Pallonji, ...
DISCOMs Could Look to Coal if Solar Tariffs Go Over ₹3.50/kWh Because of Safeguard Duty

DISCOMs Could Look to Coal if Solar Tariffs Go Over ₹3.50/kWh Because of Safeguard Duty

The proposed 70 percent provisional safeguard duty on solar imports, if levied, has the potential to reverse India’s solar growth trajectory and send the wrong signal to the investment community ...