In Short : At its 22nd Extraordinary General Meeting (EGM), IREDA shareholders approved a ₹5,000 crore fundraising plan through a Qualified Institutional Placement (QIP). The funds will support renewable energy financing, boosting India’s green energy transition. This move strengthens IREDA’s capital base, enabling greater investments in solar, wind, and other clean energy projects. In Detail […]
Suzlon Energy receives shareholders’ approval for top brass appointments – EQ Mag
The company has sought approval from the shareholders through postal ballot notice for these appointments Suzlon Energy has received shareholders’ approval to appoint Vinod R Tanti as Managing Director, Girish R Tanti as the Executive Director and Pranav T Tanti as Director. A BSE filing showed that the three resolutions to appoint Vinod Tanti as […]
Petition for grant of registration to establish and operate a Power Exchange
CERC proposes to grant registration to Pranurja Solutions to establish and operate a power exchange Petition for grant of registration to establish and operate a Power Exchange Petition under Regulation 16 of the Central Electricity Regulatory Commission (Power Market) Regulations, 2010 as amended, for grant of registration to establish and operate a Power Exchange in […]
Adani Power, Adani Green seek shareholder nod for raising Rs 2,500 crore each
Both the companies informed shareholders that their respective annual general meetings will be held on June 25 through video conferencing, in view of the Covid-19 pandemic Mumbai: Billionaire Gautam Adani-led companies Adani Power and Adani Green Energy have sought shareholders approvals to raise up to Rs 2,500 crore each through issue of equity shares or […]
Suzlon Shareholders approve Resolutions for Debt Restructuring
Shareholders have approved all the resolutions by Postal Ballot Stakeholders demonstrate confidence in the Company by confirming to equity infusion Company to slowly begin operations as restrictions of the lockdown are eased Pune, India: Suzlon Group, India’s largest renewable energy solutions provider, announced the outcome of its Extra-ordinary General body Meeting (EGM). J P […]
Appointment of Deepak Malhotra as a Director on Azure Power Global’s Board
Azure Power (NYSE: AZRE), a leading solar power producer in India, announced that Deepak Malhotra, Director, Infrastructure, South Asia at Caisse de dépôt et placement du Québec (CDPQ), was appointed to its Board of Directors, taking CDPQ’s total number of board seats to two. CDPQ, a long-term institutional investor that manages funds primarily for public […]