In Short : Adani Green Energy has incorporated two new subsidiaries, **Adani Hydro Energy Thirteen (AHE13L)** and **Adani Hydro Energy Sixteen (AHE16L)**, under its wholly-owned arm, Adani Saur Urja (KA) Ltd in Gujarat. These entities will focus on generating, transmitting, and supplying renewable energy using solar, wind, or other clean sources, strengthening Adani Green’s footprint […]
IREDA Reinforces Commitment to Renewable Energy Expansion in North-East: CMD – EQ
In Short : IREDA has reaffirmed its commitment to expanding renewable energy in India’s North-East region. CMD Pradip Kumar Das stated that the agency will boost financial and technical assistance for solar, hydro, and biomass projects. The initiative aims to promote sustainable growth, enhance energy access, and create employment opportunities across the region’s renewable energy […]
EAAA Alternatives Commits ₹400 Billion to Power India’s Green Future with 8 GW Clean Energy Expansion – EQ
In Short : EAAA Alternatives plans to invest up to ₹400 billion in India’s clean energy sector over the next five years, targeting around 8 GW of renewable capacity. The investment, through its India Energy Transition Fund, will focus on solar, wind, and decarbonization projects, supported by global investors including the European Investment Bank. In […]
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 […]
Solex Energy Lists on NSE Main Board, Advances 2.5 GW Renewable Energy Expansion – EQ
In Short : Solex Energy has been listed on the NSE Main Board, marking a major milestone in its growth. Alongside this achievement, the company is advancing plans to expand its renewable energy capacity by 2.5 GW. These developments highlight Solex Energy’s commitment to scaling clean energy production and strengthening its position in India’s rapidly […]
Norwegian State Fund Invests $20 Million in India’s IPO-Bound SAEL to Boost Renewable Energy Expansion – EQ
In Short : Norway’s state investment fund has invested $20 million in India’s IPO-bound renewable energy company SAEL. The funding will support SAEL’s expansion in biomass and solar power projects across India. This investment highlights strong international confidence in the country’s clean energy sector and underscores SAEL’s growing role in advancing sustainable power generation and […]
Ola Electric Subsidiary to Raise ₹8.77 Billion via Preferential Shares to Boost EV Expansion – EQ
In Short : Ola Electric’s subsidiary plans to raise ₹8.77 billion through preferential share issuance to strengthen its financial position and fund expansion initiatives. The capital infusion will support increased production, research, and development of electric vehicles, enabling the company to scale operations and enhance its footprint in India’s rapidly growing EV market while advancing […]
Solarworld Energy Solutions Debuts with 11% Premium, Sets Stage for Expansion in India’s Solar Market – EQ
In Short : Solarworld Energy Solutions debuted on the stock market with shares listing at an 11% premium over its IPO price, signaling strong investor confidence. The company plans to use the IPO proceeds to expand its renewable energy operations, strengthen its project pipeline, and capitalize on growing demand for clean power, supporting India’s transition […]
Emmvee Photovoltaic Power Secures SEBI Nod for ₹3,000 Crore IPO to Drive Solar Expansion – EQ
In Short : Emmvee Photovoltaic Power has received SEBI’s approval for a ₹3,000 crore IPO. The solar module maker plans to channel the funds into expanding manufacturing capacity, scaling renewable energy initiatives, and cutting debt. The move strengthens Emmvee’s market position while contributing to India’s clean energy transition and push for self-reliance in solar manufacturing […]
KPI Green Energy Secures ₹3,200 Crore SBI Funding to Drive Solar and Hybrid Expansion – EQ
In Short : KPI Green Energy will raise ₹3,200 crore from the State Bank of India to accelerate its renewable energy expansion, top executives confirmed. The funds will be invested in solar and hybrid projects, boosting the company’s clean energy portfolio. This financing supports India’s renewable energy transition while strengthening KPI Green’s role in advancing […]