NTPC on Tuesday said its arm NTPC Renewable Energy has incorporated Green Valley Renewable Energy as a joint venture with Damodar Valley Corporation to develop, operate and maintain renewable energy parks and projects. ”NTPC Renewable Energy Limited (NTPC REL), a wholly-owned subsidiary of NTPC Limited, has incorporated Green Valley Renewable Energy Limited, as a subsidiary […]
ANZ to lend Hyundai-LG Energy JV $711 mln to make EV batteries – EQ Mag Pro
Australia and New Zealand Banking Group ANZ.AX has set up a $711-million lending facility for a joint venture between Hyundai Motor 005380.KS and LG Energy Solution 373220.KS that makes batteries for electric vehicles (EV) in Indonesia. ANZ said on Friday the lending facility for the joint venture HLI Green Power is a 10-year Korea Trade […]
Tata Power JV Wins Bid To Buy South East UP Power Transmission Co – EQ Mag Pro
Following a successful bid, Tata Power’s counter climbed to a high of Rs 235.85 as against Rs 229.25 at a previous close on the National Stock Exchange. Tata Power’s Singapore-based JV Resurgent Power Ventures won a bid to acquire the stressed asset of South East UP Power Transmission Company through its resolution process under the […]
Toyota-Panasonic battery JV to buy lithium from ioneer’s Nevada mine – EQ Mag Pro
The joint venture will allow the purchase of lithium to make electric vehicle batteries in the United States A joint battery venture of Toyota Motor Corp and Panasonic Corp will buy lithium from ioneer Ltd’s Rhyolite Ridge mining project and use the metal to build electric vehicle batteries in the United States. The binding supply […]
Hindustan Motors-European co JV likely to launch electric two-wheelers by next year – EQ Mag Pro
Financial due diligence of both the companies will start in July, which will take two months, after which the technical aspects of the joint venture will be looked into and this will take another month, Director of Hindustan Motors, Uttam Bose. Hindustan Motors (HM), the erstwhile maker of the iconic ‘Ambassador’ cars, expects to set […]
Assam govt keen to form JV with SJVN to set up renewable energy projects – EQ Mag Pro
New Delhi : The Assam government is willing to set up a joint venture with SJVN for development of renewable energy projects in the state. In a statement SJVN said, the Assam government has also offered it an opportunity to explore 5,000 MW power project development within the state in a phased manner. On Wednesday […]
Hydro Rein, Atlas Renewable Energy, and Albras to develop solar energy project in Brazil – EQ Mag Pro
Hydro Rein, Atlas Renewable Energy and Albras primary plant are forming a joint venture to develop, build and operate the Boa Sorte solar plant in the state of Minas Gerais, Brazil. The construction of the Boa Sorte solar plant is planned to start in fourth quarter of 2022, and operations are planned to start in […]
Smartenergy, Prodiel kind JV to develop over 4 GW of photovoltaic PV in Spain – EQ Mag Pro
Swiss inexperienced energy investor Smartenergy Make investments AG and Spanish renewables EPC specialist Prodiel SL have arrange a three way partnership (JV) to develop over 4 GW of photo voltaic PV initiatives in Spain, the companions introduced immediately. Their JV, named Greenfield PV, began its exercise with a staff of over 50 specialists engaged on […]
AQUA AEREM: Japanese energy giant to partner in ground-breaking green hydrogen project – EQ Mag Pro
Northern Territory, Australia: Aqua Aerem, the proponent of the $US10.75 billion 10GW Desert Bloom Hydrogen project, and Japan’s Osaka Gas have entered into a historic joint development agreement that will position the venture at the forefront of Australia’s renewable hydrogen ambitions. Desert Bloom Hydrogen is a world-first project that will produce truly renewable hydrogen for […]
NHPC, JKSPDC’s Joint Venture RHPCL signs Agreement for Execution of 850 MW Ratle HEP – EQ Mag Pro
The Contract Agreement was signed in the presence of Shri Manoj Sinha, Hon’ble Lt. Governor of J&K on 11th April 2022 at Jammu. RHPCL signs Agreement for Execution of 850 MW Ratle HEP New Delhi: Ratle Hydroelectric Power Corporation Limited (A Joint Venture of NHPC Limited & JKSPDC Limited) has signed a Contract Agreement with […]