1. Home
  2. Business & Finance
  3. Pennar Industries to sell its stake in subsidiary Pennar Renewables
Pennar Industries to sell its stake in subsidiary Pennar Renewables
Business & Finance
0

Pennar Industries to sell its stake in subsidiary Pennar Renewables

108
0
download (2)
now viewing

Pennar Industries to sell its stake in subsidiary Pennar Renewables

Petition of BERC (RPO, its Compliance and REC Framework) Regulations, 2010
now playing

Petition for "Formulation of Regulations and Determination of Tariff for Green Energy Open Access Consumers" - EQ

Order- Seeking for the Condonation of Delay of 273 days in filing the Appeal as against the Impugned Order by CERC
now playing

Petition for Adoption of Tariff for procurement of 1200 MW power from ISTS-Connected Solar PV Power Projects in India - EQ

msedcl
now playing

MSEDCL Issue Tender for Long Term bids for Procurement of 1.6 GW Coal Based Power Project and 5 GW Solar Project through Tariff based bidding process - EQ

Approval of Board of Directors for sale and transfer of Kallam Transmission Limited, wholly-owned subsidiary ofRECPDCL and also of REC
now playing

RECPDCL Issue Tender for SELECTION OF SOLAR POWER DEVELOPERS FOR SETTING UP OF 223 MW ISTS-CONNECTED SOLAR (PV) POWER PROJECT(s) IN INDIA - EQ

images (8)
now playing

Fitch Ratings affirms Clean Renewable Power's USD 363 mn notes 'BB-' rating with stable outlook - EQ

1beb98d87e63ceea2e167ed17d23cf25
now playing

Vedanta’s Hindustan Zinc Becomes the 3rd Largest Producer of Silver Globally - EQ

REIL Floated Tender For 200 KW Solar Power Plant At Titardi, Udaipur
now playing

REIL Issue Tender for For Selection of Charge Point Operator (CPO) For Supply of of EV Charging Equipment for Period of 10 Years for Setting up of EV Charging Stations In New Delhi - EQ

AP-bets-on-renewable-energy-to-meet-goals
now playing

EIB provides €150M in financing for renewable energy investment in Bhutan - EQ

NTPC to invest Rs 10,300 cr in greenfield thermal and solar plants in UP
now playing

NTPC Green Energy inks pact with Indus Towers to develop renewable energy projects - EQ

SJVN_Logo
now playing

SJVN Green Energy incorporates JV named SGEL Assam Renewable Energy - EQ

Pennar Industries has agreed to enter into an agreement to sell its stake in its subsidiary Pennar Renewables to Greenko Solar Energy. Once the sale of transaction completes, debt of the company reduces by around Rs. 101 crore from its consolidated Balance Sheet. The proceeds from the sale of transaction will be used by the company to expand its product base and addressable markets.

Source: business-standard

Related posts:

  1. Altus Power America Upsizes Capital by more than $200 million with Commitments from Goldman Sachs, Global Atlantic Financial Group and GSO Capital Partners (Blackstone’s credit business)
  2. NCLT allows CBIs insolvency plea against Moser Baer Solar
  3. Siemens Gamesa to expand further in India despite tender troubles: CEO Markus Tacke
  4. India: Solar analytics startup Prescinto raises $3.5m in seed funding
Anand Gupta Editor - EQ Int'l Media Network
Related Posts
AP-bets-on-renewable-energy-to-meet-goals

EIB provides €150M in financing for renewable energy investment in Bhutan – EQ

Anand Gupta 0
NTPC to invest Rs 10,300 cr in greenfield thermal and solar plants in UP

NTPC Green Energy inks pact with Indus Towers to develop renewable energy projects – EQ

Anand Gupta 0
SJVN_Logo

SJVN Green Energy incorporates JV named SGEL Assam Renewable Energy – EQ

Anand Gupta 0

LEAVE YOUR COMMENT

Your email address will not be published. Required fields are marked *

Close

Share this video