Sterling & Wilson Solar could soon see inter-corporate loan that it extended to its promoter being repaid. Sources tell CNBC-TV18 that the promoters of Sterling & Wilson Solar are in advance talks to sell certain solar assets which fall under a Sterling & Wilson Pvt Ltd held by the two promoters. Shapoorji Pallonji and Khurshed […]
KKR to buy five solar assets from SP Group for $200 million
KKR began to focus on Asia’s infrastructure sector with a series of hires beginning about a year ago, and launched its fundraising in 2019. About 50 per cent of its maiden fund has just been raised Mumbai: Ending months of negotiations, KKR has agreed to buy 5 solar assets of 317 MW from the cash […]
Shapoorji, Daruvala may take legal action against InGovern
New Delhi : Shapoorji Pallonji and Khurshed Daruvala, the promoters of Sterling and Wilson Solar have said that they are evaluating legal options “on the malicious report” filed by InGovern, a corporate governance advisory firm which had alleged several wrongdoings. “We would like to reiterate that this entire report is malicious, misleading, defamatory and without […]