Clean energy firm ReNew Power has decided to provide COVID-19 vaccination free of cost to its 1,500 employees as well as their families. Assuming a family of five, back-of-the-envelope calculations indicate that ReNew Power would provide vaccination to around 7,500 people across its 110 locations inIndia. ReNew Power Chairman and Managing Director Sumant Sinha told […]
Torrent 300 MW Bid Result
BRIEF: RTC Tranche I Bidders List
CPPIB looks to go big on ReNew as Goldman cuts stake
MUMBAI : Canadian Pension Plan Investment Board (CPPIB) is closing in on ReNew Power to double down on its biggest clean energy bet in the country and become the single largest shareholder, said people with knowledge of the matter. The move follows several months of negotiations. The transaction, once complete, will give principal shareholder Goldman […]
ReNew load shedding sees 300MW of solar assets put on the block
The move to raise capital comes at a time the renewables sector is facing hurdles The company, until recently, was a major acquirer of renewable assets in India ReNew Power, which until recently was a major acquirer of renewable assets in India, has put 300 megawatts (MW) of solar assets on sale as the company […]
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
ReNew, Hero among 31 in race for Madhya Pradesh solar rooftop tender
Over 60 prospective bidders from across the country attended pre-bid meetings for the tender that is expected to be finalised next week Thirty one companies have participated in the ongoing tender for Renewable Energy Service Company (RESCO) that will set up rooftop solar plants in Madhya Pradesh. These include major players like Mundra Solar PV, […]