In Short : INOX Neo Energies has acquired 300 MW of solar power projects from SunSource, marking a significant expansion of its renewable energy portfolio. The acquisition reinforces INOX Neo Energies’ growth strategy in the clean energy sector and highlights rising consolidation activity as developers scale up capacity to meet India’s accelerating renewable energy targets. […]
Inox Neo Energies Strengthens Solar Portfolio with Acquisition of 250 MWp Projects from SunSource Energy – EQ
In Short : Inox Neo Energies has acquired a 250 MWp portfolio of solar power projects from SunSource Energy, marking a significant step in expanding its renewable energy footprint. The acquisition enhances Inox Neo Energies’ operational and under-construction capacity, aligns with its long-term clean energy growth strategy, and reinforces its presence in India’s rapidly evolving […]
Inox Expands Clean Energy Footprint With Acquisition of Vibrant Renewable Platform – EQ
In Short : Inox has announced the acquisition of Vibrant, a renewable energy platform owned by Macquarie, strengthening its presence in India’s clean energy sector. The transaction expands Inox’s operational portfolio across wind and solar assets, enhances scale, and supports long-term growth ambitions. The deal reflects rising consolidation in renewables as developers seek efficiency, stability, […]
CCI Approves Vedanta’s ₹17,000-Crore Acquisition of Jaiprakash Associates, Boosting Infrastructure Expansion – EQ
In Short : The Competition Commission of India (CCI) has approved Vedanta Limited’s ₹17,000 crore acquisition of Jaiprakash Associates Limited (JAL) under the Insolvency and Bankruptcy Code. Vedanta, the highest bidder, will pay ₹3,800 crore upfront with the remainder in installments over five years. The acquisition expands Vedanta into cement and infrastructure, enabling operational synergies […]
Torrent Power Invests ₹211 Crore to Strengthen Renewable Energy Portfolio via Newzone India Acquisition – EQ
In Short : Torrent Power has invested ₹211 crore to acquire stakes in Newzone India Pvt Ltd and its holding firm. The acquisition will help expand Torrent Power’s renewable energy portfolio and strengthen its clean energy presence in India. This move reflects the company’s strategy to accelerate sustainable growth and support the nation’s transition toward […]
Waaree Energies Strengthens Renewable Ecosystem with ₹192 Crore Acquisition of Kotsons – EQ
In Short : Waaree Energies has acquired a 64% stake in transformer manufacturer Kotsons for ₹192 crore, marking a strategic move to strengthen its renewable energy ecosystem. The acquisition will enhance Waaree’s backward integration, ensuring reliable transformer supply for solar and power projects. This step supports India’s clean energy transition while boosting Waaree’s infrastructure capabilities […]
Enviro Infra Expands Clean Energy Portfolio with ₹116 Crore Acquisition of Vento Power – EQ
In Short : Enviro Infra has acquired renewable energy company Vento Power for ₹116 crore, marking a significant step in strengthening its clean energy portfolio. The acquisition is expected to enhance Enviro Infra’s presence in the renewable sector and support India’s green energy transition. This move aligns with the company’s strategy of expanding sustainable assets […]
John Cockerill Strengthens Hydrogen Push with Acquisition of McPhy’s Belfort Assets – EQ
In Short : John Cockerill has acquired key assets from McPhy Energy to strengthen its position in the green hydrogen sector and scale up electrolyser production. The acquisition includes equipment, technology, and personnel from McPhy’s Belfort site in France. This move will enhance John Cockerill’s manufacturing capacity and accelerate its efforts to meet growing global […]
IndiGrid to Expand Green Energy Portfolio with ₹21 Billion ReNew Asset Acquisition – EQ
In Short : IndiGrid is set to acquire transmission and solar assets from ReNew for ₹21 billion, expanding its clean energy portfolio. The acquisition will be financed through ₹4,200 crore raised via AAA-rated non-convertible debentures. This move aligns with IndiGrid’s strategy to grow its asset base, refinance existing debt, and invest in under-construction and augmentation […]
ONGC Green Strengthens Renewable Portfolio with ₹1,179 Crore Acquisition of PTC Energy – EQ
In Short : ONGC Green Limited, a subsidiary of ONGC, has acquired PTC Energy Limited for ₹1,179 crore. The acquisition includes PTC Energy’s 288.8 MW renewable energy assets, primarily wind power projects. This strategic move strengthens ONGC’s green energy portfolio, aligning with its plans to expand in the renewable sector and support India’s clean energy […]