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Adani Green to acquire Essel’s 205 MW solar energy projects for Rs 1,300 cr

The enterprise value of the acquisition is about Rs 1,300 crore, which will be subject to closing adjustments, if any, on or before the closing date. The consideration would be paid in cash, it added. Adani Green Energy on August 29 said it would acquire 10 solar energy assets with total generating capacity of 205 […]

Extension of timeline for financial closure and completion of projects under PM KUSUM scheme – reg – EQ

Essel Green Energy, IBC Solar Ventures to install solar plants in Odisha

Gridco is now purchasing 138 Mw of solar to meet its requirement which includes 63 Mw installed within the state Aiming to establish its foothold in the country’s renewable energy map, Odisha expects the addition of 270 Mw of solar power by September this year. “IBC Solar Ventures India with a capacity of 20 Mw […]

India’s Power Supply Nears 24×7 as Losses Decline and Infrastructure Push Delivers Results – EQ