Avaada Energy is owned by Vineet Mittal, the former promoter of Welspun Energy. He left the Welspun Group after selling the entire 1.1 GW renewable energy portfolio of Welspun Energy To Tata Power for $1.4 billion. Entrepreneur Vineet Mittal-controlled renewable energy firm Avaada Energy has emerged as the front-runner to acquire around 340 MWs of […]
Suzlon Energy Appoints Himanshu Mody as Chief Financial Officer
Himanshu, who holds MSC in Finance from University of Strathclyde, Scotland, UK, brings to fore over 22 years of experience in the fields of finance and strategy New Delhi: Suzlon Energy on Saturday said Himanshu Mody is appointed as its new Chief Financial Office from August 1, 2021. “Himanshu Mody has been appointed as the […]
Adani Green Energy ties up with 10 global banks for construction projects
“We have a very large construction pipeline that is ahead of us. Typically how we do our financing is that we take construction financing from Indian banks and once they are operational then we refinance the portfolio by raising international bond funding Mumbai: Adani Green Energy on Friday said it has tied up with around […]
Essel Group in talks with Adani, CPPIB, Engie for sale of solar assets
Essel Group is once again in market to sell its 685-MW solar power portfolio, this time on a piecemeal basis. The company is said to be in talks with Adani Power, Canadian Pension Plan Investment Board (CPPIB) after Actis Energy’s discussion to purchase the entire portfolio hit a valuation hurdle, people close to the development […]