In Short : Waaree Renewable Technologies Ltd. made a successful debut on the NSE, boosting its growth trajectory. With 1.82 GW of completed solar EPC work and 1.7 GW ongoing, the company recently secured a 2 GW project in Rajasthan. The listing enhances credibility and funding access, supporting Waaree’s plans to scale solar capacity and […]
Shares of Sterling and Wilson Renewable Energy on Friday dropped nearly 4 per cent after Shapoorji Pallonji and Company proposed to offload 1.25 pc stake in the firm. The company’s shares fell 3.31 per cent to end at Rs 279.05 apiece on the BSE. During the day, stock opened on a muted note at Rs […]
Total dues owed by electricity distribution companies to power producers fell 3.4 per cent to Rs 78,379 crore in March 2021 as compared to the year-ago period, showing a reversal of discoms’ growing outstandings. Outstanding dues of discoms towards electricity producers have been increasing year-on-year as well as month-on-month for years showing perennial stress in […]
Till 03:05 pm, a combined 513 million equity shares, representing 15 per cent of total equity of BHEL, had changed hands on the NSE and BSE Shares of Bharat Heavy Electricals Limited (BHEL) surged 14 per cent to Rs 75.15, hitting a 21-month high on the BSE in an otherwise weak market on Tuesday, on […]
The IPO comprised a fresh issue of shares worth Rs 4,993.48 crore and an offer for sale to the tune of Rs 2,741.50 crore by selling shareholders. New Delhi: The initial public offer of PowerGrid Infrastructure Investment Trust was subscribed 4.83 times on the last day of subscription on Monday. The Rs 7,735-crore issue received […]
The state-run power major will raise Rs 3,996 crore through issuance of non-convertible bonds on Tuesday. The state-run power major will issue unsecured non-convertible bonds of Rs 3,996 crore on 20 April 2021, through private placement. The bonds will be issued at a coupon of 6.87% per annum with a door-to-door maturity of 15 years […]
RIL to invest up to $50 mn in Bill Gates-owned Breakthrough Energy Ventures Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 – Investment in Breakthrough Energy Ventures II, L.P. For more information please see below link:
In a regulatory filing, the company said it will seek shareholders nod for delisting on BSE and NSE through a postal ballot. Adani Power board on Monday approved the proposal to delist the company’s equity shares from stock exchanges. The company has worked out the floor price of an equity share of Rs 33.82 to […]