Greenko has tied up a Rs 5,500 crore loan from Power Finance Corporation (PFC) to build India’s first off-river energy storage project, which will be located in Andhra Pradesh, according to two people aware of the matter. The 20-year loan has been priced at 11% per annum interest and the power generator will have to […]
India’s ONGC teams up with Greenko for $6.2bn green hydrogen and renewable energy projects – EQ Mag Pro
India’s state-backed Oil & Natural Gas Corporation (ONGC) and joint venture partner Greenko could invest up to $6.2 billion on Indian renewable energy and green hydrogen projects under the terms of an agreement signed this week, Press Trust of India (PTI) reported. Indian national energy company ONGC on Tuesday signed a memorandum of understanding with […]
Greenko, IIT-Hyderabad to Set Up School for Sustainable Science & Tech – EQ Mag Pro
Greenko School of Sustainable Science and Technology (GSSST) will induct first batch students for MTech and PhD in sustainable science and technology followed by BTech programme by June 2023. New Delhi: Renewable energy company Greenko has joined hands with IIT-Hyderabad to set up an institution where students will be educated towards sustainable goals like climate […]
Greenko to supply green power to ArcelorMittal, Ayana Renewable, 3 states – EQ Mag Pro
ArcelorMittal has made an investment of around $600 million for 1,000 MW capacity of the project. Greenko Group will supply green power to ArcelorMittal, Ayana Renewable Power and three states from its 5,230 MW renewable energy plant being set up here, a top company official said. The plant which is being set up at a […]
Greenko begins construction of 5.23GW integrated renewable energy storage project in India – EQ Mag Pro
Greenko Group has commenced construction of 5.23GW Integrated Renewable Energy Storage Project in Kurnool district of Andhra Pradesh, a southern state in India. According to the company, this would be the world’s largest integrated renewable energy storage project once it becomes operational. This project will be built with an investment of $3bn and expected to […]
Greenko setting up world’s largest RE storage plant at $3 bn investment – EQ Mag Pro
The project is expected to be commissioned by 2023, Kolli said Greenko Group is setting up the world’s largest renewable energy storage plant here, its Joint Managing Director Mahesh Kolli said. The 5,230 megawatt (MW) project is being set up at a cost of USD 3 billion, the company official told PTI while informing that […]
John Cockerill implements two new initiatives to decarbonize India’s economy, Greenko, John Cockeril join hands for hydrogen electrolyzers – EQ Mag Pro
John Cockerill recently launched two new initiatives in India, each contributing to decarbonizing the country’s economy and fighting against climate change. The Group signed a contract with its customer ArcelorMittal Nippon Steel India to deliver two new steel processing lines featuring the most advanced technologies in terms of energy efficiency, zinc consumption optimization and corrosion […]
Greenko, John Cockerill to set up 2 electrolyser giga factories for green hydrogen – EQ Mag Pro
Greenko Group and John Cockerill to jointly develop India’s largest green hydrogen electrolyser Gigafactory Joint venture to hasten creation of domestic green hydrogen supply chain; HYDERABAD, India : Greenko ZeroC (GZC), a subsidiary of Greenko Group, a leading Indian cleantech company, and John Cockerill, a world-leading designer and manufacturer of high-capacity alkaline electrolyzers in Belgium, […]
Greenko raises $750 million via green offshore bonds – EQ Mag Pro
Proceeds from the issue will be primarily used to repay existing debt and fund the capital expenditures at the asset level of Greenko. Greenko Wind Projects (Mauritius) Ltd (GWPM), the financing vehicle for the integrated renewable energy storage project Greenko Energy Holdings, raised $750 million through an issue of offshore green bonds that will mature […]
Shell Vies With Adani, Greenko for Actis’s Sprng Energy – EQ Mag Pro
Shell Plc is among the final bidders competing to acquire Indian renewable power producer Sprng Energy, people with knowledge of the matter said. Indian conglomerate Adani Group and renewable energy firm Greenko also submitted binding offers by this week’s deadline, the people said. Singapore’s Sembcorp Industries Ltd. and some financial investors have also expressed interest […]