New Delhi – ONGC NTPC Green Private Limited (ONGPL), a 50:50 Joint Venture Company of NTPC Green Energy Limited and ONGC Green Limited, has completed the acquisition of 100% equity stake in Ayana Renewable Power Private Limited on 27th March 2025. Ayana, a leading renewable energy platform, has capacity of approx. 4112 MW (2123 MW […]
National – JSA Advocates & Solicitors advised ONGC NTPC Green Private Limited (ONGPL)in its acquisition of 100% stake in Ayana Renewable Power Private Limited, which is one of the largest deals in the renewable energy space in India. ONGPL has entered into a share purchase agreement with National Infrastructure Investment Fund (NIIF), BII South Asia […]
In Short : ONGC NTPC Green Private Ltd (ONGPL) has signed a ₹19,500 crore deal to acquire 100% of Ayana Renewable Power. Ayana owns 4.1 GW of renewable assets across India. This marks ONGPL’s first major investment, aligning with ONGC and NTPC’s net-zero goals. The deal awaits regulatory approvals and strengthens India’s clean energy transition. […]
In Short – ONGC has entered the bidding to acquire Ayana Renewable Power, a major player in the renewable energy sector. This move aligns with ONGC’s strategy to diversify its portfolio and enhance its presence in the green energy market. Acquiring Ayana would bolster ONGC’s renewable energy capacity, supporting its long-term sustainability and energy transition […]
ISS ESG Rating of (A-) Makes Ayana Top 3 Globally and highest ranked renewable firm in Asia. The rating puts India on a global map on ESG (Environment Social and Governance) as Ayana becomes the only Indian company This comes at a time when there is an increasing emphasis globally on improving ESG standards and […]
In Short : Ayana Renewable Power has been honored with the Mahatma Award for ESG (Environmental, Social, and Governance) Excellence. This prestigious recognition highlights the company’s outstanding commitment to sustainable practices and responsible business operations. By receiving this award, Ayana Renewable Power is acknowledged for its efforts in environmental conservation, social welfare, and governance transparency. […]
Project Nine Renewable Energy a fully owned subsidiary of Ayana Renewable Power won the capacity in reverse bid auction recently. The project will add approximately 1 GW of renewable capacity through solar and wind to Ayana’s portfolio and take it close to 5GW of cumulative capacity in operation, maintenance, and development. Bengaluru, India : National […]
Ayana Renewable Power Private Limited: Rating reaffirmed for existing limits and assigned for enhanced limits: ICRA For more information please see below link:
An initial pilot project will be launched in Karnataka, a joint statement mentioned. National Investment and Infrastructure Fund (NIIF)-backed Ayana Renewable Power and Norway-based Greenstat ASA’s subsidiary Greenstat Hydrogen India, have entered into an agreement for developing green hydrogen projects. The companies will develop large scale green hydrogen solutions, to provide long term supply of […]
SINGAPORE : Ayana Renewable Power and Maxeon Solar Technologies, Ltd. (NASDAQ: MAXN), a global leader in solar innovation and channels, today announced the completion and commercial operation of the 192-megawatt (MW) Bikaner 1 Solar Farm, a utility-scale power plant in the state of Rajasthan, India. Built in the second half of 2021 and commissioned in […]