In Short : Vedanta Ltd plans to raise ₹5,000 crore through non-convertible debentures (NCDs) to support business operations and a planned demerger. The move follows a strong Q4 showing, with a 154% profit surge to ₹3,483 crore and revenue rising to ₹41,216 crore. The NCDs will be listed on the BSE, enhancing financial flexibility and […]
UN’s February 10 Deadline Approaches, But Are Countries Ready to Raise Climate Ambition? – EQ
In Short : As the UN’s February 10 deadline for updated climate commitments nears, questions remain about countries’ readiness to enhance their ambitions. While some nations have pledged stronger emissions cuts and renewable energy targets, others lag due to economic and political challenges. The deadline is crucial for aligning global efforts with the 1.5°C goal […]
SWELECT Energy to raise Rs 1.38 billion via debenture sales – EQ
In Short : SWELECT Energy Systems plans to raise ₹1.38 billion through debenture sales to fund its renewable energy projects and expand operations. The move aims to strengthen the company’s financial base for developing sustainable energy solutions, aligning with India’s growing focus on clean energy and reducing carbon emissions. In Detail : SWELECT Energy Systems […]
India to raise natural gas share in energy mix – EQ Mag Pro
It is also planning to allocate domestic gas to compressed natural gas (transport) /piped natural gas (domestic) in no cut category and allow marketing and pricing freedom to gas produced. NEW DELHI: The government on Monday announced that it has set a target to raise the share of natural gas in the energy mix to […]
Fourth Partner Energy appoints Investec to raise about $150 mn via stake sale
The deal activity in the Indian solar rooftop space is mirroring what is happening with the ground-mounted projects, with developers looking for growth capital in the backdrop of India being home to the world’s largest clean energy programme. New Delhi: In what may rank among the largest solar rooftop deals in India, Hyderabad-based Fourth Partner […]