In Short : The Union Cabinet has cleared a ₹1,500 crore incentive scheme to promote recycling of critical minerals such as lithium, cobalt, and nickel. The move aims to strengthen domestic supply chains, reduce reliance on imports, and support clean energy technologies. By fostering circular economy practices, the initiative will boost sustainability and secure resources […]
DVC’s Rs 1,500 crore push to modernise power supply – EQ
In Short : The Damodar Valley Corporation (DVC) has initiated a Rs 1,500 crore project to modernize its power supply infrastructure and cut transmission and distribution losses. The plan includes upgrading aging systems, deploying smart grid technologies, and enhancing energy management. Aimed at improving efficiency and reliability, the project supports India’s goals for a sustainable […]
IREDA bond issue raises Rs 1500 crore, oversubscribed 2.65 times – EQ
In Short : IREDA’s bond issue raised ₹1,500 crore, being oversubscribed 2.65 times. The strong investor interest underscores confidence in the organization’s ability to finance renewable energy projects and support India’s clean energy transition. In Detail : State-owned Indian Renewable Energy Development Agency (Ireda) on Friday said it has raised Rs 1,500 crore through a […]
Sterling and Wilson Renewable Energy raises Rs. 1,500 crore through Qualified Institutions Placement (QIP) route – EQ
Mumbai : Sterling and Wilson Renewable Energy Limited (SWRE) (BSE Scrip Code: 542760; NSE Symbol: SWSOLAR) has, on Thursday, December 14th, 2023, announced the completion of a fundraise of Rs. 1,500 crore through Qualified Institutions placement (QIP) route. The Securities Issuance Committee of Board of Directors at its meeting held on December 14th, 2023 approved […]
Bain Emerges as Top Contender to Acquire Adani Capital for Rs 1500 Crore – EQ Mag
The acquisition deal is expected to see Bain Capital pay Rs 1,500 crore, which is twice the book value, and additionally, inject Rs 500 crore as primary capital for future growth. Bain Capital in advanced talks to acquire Adani Capital Deal valued at Rs 1,500 crore; Bain Capital leads negotiations Adani aims to focus on […]
JSPL to invest Rs 1,500 crore to make Monnet Power project operational – EQ Mag
Jindal Steel and Power Limited (JSPL) will invest up to ₹1,500 crore to make recently-acquired Monnet Power operational, its Managing Director Bimlendra Jha said. The investment will be made over the period of the next 12 to 18 months, he said. In December 2022, the steelmaker acquired debt-laden Monnet Power for ₹410 crore through the […]
Hero Motors readies for Rs 1500 crore EV push – EQ Mag
Hero Motors, the auto components arm of the Hero Motors Company Group, is planning to invest Rs 1,500 crore over the next three years to expand its presence in the market for electric vehicle (EV) components. The company recently raised growth equity capital from private equity firm GEF Capital Partners and its limited partners in […]
