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Sterling & Wilson Solar promoters fail to honour loan commitment

Sterling and Wilson has sought more time to repay loans worth Rs 2.341 crore. Mumbai: The promoters of Sterling and Wilson Solar (SWSL), Shapoorji Pallonji Group and Khurshed Yazdi Daruvala, failed to honour their commitments made during the initial public offering (IPO) in August and sought more time from the company’s board to repay loans […]

Electricity (Late Payment Surcharge) Rules, 2021

IREDA, Shyam Steel get SEBI’s go ahead to launch IPO

State-owned IREDA and Kolkata-based firm Shyam Steel Industries have received markets regulator Sebi’s approval to float initial public offerings (IPO). Shyam Steel has got observations of the markets watchdog on September 20. It had approached Sebi with its IPO papers in June. State-owned Indian Renewable Energy Development Agency (IREDA) and Kolkata-based firm Shyam Steel Industries […]

Electricity (Late Payment Surcharge) Rules, 2021

We already have 65 EV charging stations and we are expanding: Praveer Sinha, Tata Power

We are still very focussed on deleveraging our balance sheet and divestments are in progress, says Praveer Sinha, CEO & MD, Tata Power. Excerpts from an interview with ETNOW. It has been a tough environment for power companies, especially with the worry over coal availability and discom stress. How are things moving? How would you […]

Detel plans to raise Rs 150 cr by this year-end to strengthen EV portfolio

Power sector outlook: These shares are the best bet for stock market investors

Emkay Global research report on power sector picks CESC, Gujarat Industries Power, NTPC and Power Grid Corporation as their top picks for short-term. The power sector should continue to witness new reforms under the second term of the Modi 2.0 Government to revive stranded assets and ease distribution companies stress. However, the successful execution of […]

India in the process of installing solar and wind based power systems in all the major ports across the country

Wärtsilä doubles renewable energy penetration by adding storage in holiday paradise

The Finnish company has commissioned a large scale storage project to reduce curtailment of wind and solar assets on Bonaire. The system will use machine-learning based energy management software to provide grid services and manage all of the island’s power generators. The energy transition is not only about adding new renewables generation capacity but must […]

Energy storage start-up Malta raises USD 50m

Jain Irrigations tanks 22% on rating downgrade, hits 14-year low

The rating agency said the downgrade reflects deterioration in the liquidity profile of JISL on account of a delay in the realisation of its receivables from its micro-irrigation systems (MIS) segment Shares of Jain Irrigation Systems (JISL) tanked 22 per cent to Rs 21.25 on the National Stock Exchange (NSE) on Wednesday after rating agency […]

Electricity (Late Payment Surcharge) Rules, 2021