In Short : Jindal Saw is set to acquire a 31.20% stake in ReNew Green Energy for an undisclosed amount. This strategic investment aims to strengthen Jindal Saw’s position in the renewable energy sector and support the growth of ReNew Green Energy’s clean energy projects. In Detail : New Delhi – Jindal Saw on Tuesday […]
Jindal India Renewable Energy Forays into Battery Storage Space – EQ
Our expansion plans will be backed by renewables, not thermal power’: Abhyuday Jindal of Jindal Stainless – EQ
In Short – Abhyuday Jindal of Jindal Stainless emphasizes a commitment to renewable energy for expansion plans, shifting away from thermal power. This strategic decision aligns with sustainability goals, reducing carbon footprint and promoting cleaner, more resilient energy sources for future growth. In Details – The company announced a three-pronged investment strategy worth nearly Rs […]
Jindal to Seek Investors for $3.3 Billion India Hydel Project
India’s Jindal Power Ltd. is counting on favorable government policies and new investors to complete the country’s largest hydropower project, as a generation glut makes the estimated $3.3 billion facility a risky bet for the company to handle, Chief Executive Officer Bharat Rohra said. New Delhi-based Jindal Power, a unit of Jindal Steel & […]
Jindal, JSW, Essar, Korba West to supply 1,000 MW power under Pilot Scheme-II to 3 states
Under Pilot Scheme-II of Ministry of Power, Jindal Power would supply 315 MW, followed by Korba West Power Company (295 MW), JSW Energy (290 MW), Essar Power M P Ltd (100 MW). New Delhi: Four power producers, including Jindal Power and JSW Energy, are set to supply 1,000 MW power collectively to three south Indian […]