KKR is doubling down on the India renewables story and is in advanced talks to buy the solar portfolio of Shapoorji Pallonji Group for ₹1,500-1,750 crore ($230-250 million), The Economic Times reported citing people aware of the negotiations. It is also in talks to buy Hyderabad-based Mytrah Energy for ₹5,250 crore ($750 million). KKR alone […]
Relief for Andhra green power firms as HC stays govt order to review PPAs
Investment in the renewable space was under a cloud after the state govt move. Fourteen major renewable energy companies have moved the Andhra High Court. In a major relief to the renewable energy companies invested in Andhra Pradesh, the High Court has stayed the newly elected state government’s order to review all electricity tariff under […]
EQ in conversation with Mr. Bob Smith, Executive Vice President- MYTRAH
MYTRAH Officials in conversation with EQ Magazine at REINVEST- 2018, At India Exposition Mart Limited, Greater Noida, Uttar Pradesh
AP issue – Only 6 companies called for the meeting yesterday along with NTPC and SECI
AP issue: Only 6 companies I.e. Renew, Axis, MYTRAH, Greenko, Ecoren and Suzlon (Skeiron) called for the meeting yesterday along with NTPC and SECI Outcome of Yesterday meeting in AP. 1. Reduce tariff to 2.43 or terminate PPA. 2. Sell the power to other states 3. Ask centre togive financial assistance
Piramal Group plans to buy operational renewable power projects of Mytrah
Acquisition will be first set of assets in private InvIT that is co-owned by the Piramal Group and CPPIB Mumbai: Ajay Piramal-owned Piramal Group plans to buy operational renewable power projects of Mytrah Energy, making the potential acquisition the first set of assets in the newly launched private InvIT that is co-owned by the PiramalNSE […]