Equity Lock-in Period Should be Removed to Boost Foreign Direct Investments in Solar

Equity Lock-in Period Should be Removed to Boost Foreign Direct Investments in Solar

Removing the one-year lock-in period for controlling shareholding could help increase investment flow into the solar market in India, which sorely needs it. A 'controlling shareholding' is the ownership (directly ...
Daily News Wrap-Up ReNew Power’s SPAC Deal to go Public Gets Regulatory Approval

Daily News Wrap-Up: ReNew Power’s SPAC Deal to go Public Gets Regulatory Approval

Here are some noteworthy cleantech announcements of the day from around the world: The Competition Commission of India has approved the exchange of equity shareholding by existing shareholders of ReNew ...
Inox Wind Sells its Subsidiary Sri Pavan Energy to KPR Infra & Projects Limited

Inox Wind Sells its Subsidiary Sri Pavan Energy to KPR Infra & Projects Limited

Inox Wind, a wind energy solutions provider, has announced that its subsidiary, Inox Wind Infrastructure Services (IWISL), has sold its 51% shareholding in Sri Pavan Energy Private Limited (SPEPL). With ...
/ / Wind
New Guidelines Restrict Short-term Equity Investment in Solar Projects

New Guidelines Restrict Short-term Equity Investment in Solar Projects

In an amendment to the competitive bidding guidelines for procuring power from grid-connected solar PV projects, issued by the MNRE in July 2019, it was noted that the project developers need to maintain a controlling shareholding of 51% in the SPV or project company executing the PPA. ...
/ / Mercom Research Focus, Other