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ReNew Energy Buyout Bid Rises to $880 Million as Investor Consortium Seeks Privatization – EQ

In Short : ReNew Energy Global’s consortium, led by Sumant Sinha and backed by Masdar, CPP Investments, and ADIA, has raised its buyout offer to $8 per share, valuing the company at $880 million. The revised bid represents a 26% premium over the undisturbed share price. A special committee will evaluate the proposal and guide […]

Diamond Power Secures ₹7.47 Billion Transmission Cable Order from Adani Green – EQ

Power sector employees protest against privatization of discoms

He noted that the power engineers did not join Thursday’s strike called by ten central trade unions and just staged a simple protest to highlight their issues New Delhi: Power sector employees on Thursday held nationwide protests against the government’s decision to privatize discoms, the All India Power Engineers Federation (AIPEF) said. They also demanded […]

IFC INVESTS ~US$ 50 MILLION IN GFCL EV FOR INDIA’s FIRST INTEGRATED BATTERY MATERIALS FACILITY – EQ