CleanMax Solar, has secured equity financing of up to $100 million from an affiliate of Warburg Pincus, a global private equity firm focused on growth investing.
Author: admin (Infratructure Today)
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Hindustan Power acquires 15 solar projects in Japan
Hindustan Power, is set to increase its footprint in international markets to 2GW by 2022.
The company has recently acquired fifteen solar power generation projects in Japan and is poised to enter the emerging market of Bangladesh with 4 X 25 MWs solar projects at Trishal in Bangladesh.
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GVK completes stake sale in Bangalore Airport
GVK Power and Infrastructure Ltd has announced the successful completion of the sale of its residual stake of 10 per cent in Bangalore International Airport Ltd (BIAL), held through its subsidiary, Bangalore Airport Infrastructure Developers Pvt Ltd (BAIDPL) to Fairfax India Holdings Corporation for a consideration of Rs 1,290 crore.
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New power plant at West Bengal’s Haldia
India Power Corporation (Haldia) has commissioned a 450 MW (3x150 MW) thermal power plant in West Bengal paving the way for further industrialisation, socio-economic development and job creation in the state. India Power Haldia is a subsidiary of India Power Corporation Ltd.
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India’s PSU glued to Bloomberg’s foreign exchange platform
Bloomberg announced today that a growing number of India's public sector corporations are adopting Bloomberg's Foreign Exchange electronic trading platform (FXGO) for foreign exchange dealing. The corporations include Gas Authority of India Ltd (GAIL), Rural Electrification Corporation Limited (REC) and ONGC Videsh Ltd (OVL).
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Otis strengthens India presence with new setup
With a new office in Vijayawada, Andhra Pradesh, Otis Elevator Company (India) Ltd is ready to meet the growing demand in the region. The new office strengthens the companyĆās existing service presence and will cater to the growing demand for vertical transport solutions in the city and surrounding areas, enabling Otis to develop closer relationships with customers to better serve them.
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RK Systems Commissions IndiaĆās Tallest Lattice Met Tower
Mumbai-based RK Systems, has supplied and erected IndiaĆās tallest lattice met tower. Commissioned June 2017 in Southern India, the tower stretches 150 m high and features an array of NRG products, including 40C anemometers, 200P wind vanes, 110S temperature sensors, a BP20 barometric pressure sensor, and a SymphoniePRO data logger with iPackGPS for bankable, secure, and reliable data collection.
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NHAI to Cushion Against Delays in Hybrid Annuity Projects
National Highways Authority of IndiaĆās (NHAI) payment of mobilisation advances to developers will provide a fillip to the construction pace of hybrid annuity model (HAM) projects, says India Ratings and Research (Ind-Ra).
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Tata Steel bags PMĆās Trophy for Best Performing Integrated Steel Plant
Tata Steel Ltd has been declared as the winner of Prime Minister's Trophy for the 'Best Performing Integrated Steel Plant' in the country for the performance years 2014- 2015 and 2015-16. This makes it the third consecutive year for Tata Steel being honored with this coveted award.
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Renewable Projects Leap Ahead of Thermal
Private thermal projects are staring at muted power demand, which is the effects of non-remunerative tariffs partly due to aggressive bids and some adverse perception due to falling renewable tariff, says India Ratings and Research (Ind-Ra).