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ReNew to acquire 99 MW L&T hydropower plant worth Rs 985 cr

ReNew to acquire 99 MW L&T hydropower plant worth Rs 985 cr

Larsen & Toubro (L&T) has declared plans to sell its 99 MW renewable power plant in Rudraprayag, Uttrakhand, to ReNew Power, marking the entry of the Sumit Singh-led company into hydropower. Larsen & Toubro (L&T) has declared plans to sell its 99 MW renewable power plant in Rudraprayag, Uttrakhand, to ReNew Power, marking the entry...

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India, adynamic and scaled-up renewable energy market

Blueleaf Energy, a portfolio company of Macquarie’s Green Investment Group (GIG), specialising in the development, finance, construction and operation of both commercial & industrial (C&I) and utility-scale solar systems, across the Asia-Pacific region made an entry into the Indian market in September 2020. On February 10, Macquarie Infrastructure and Real Assets said that it has...

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Govt Focus on Mitigating Cash-Flow Stress and Reducing Theft

Govt Focus on Mitigating Cash-Flow Stress and Reducing Theft

Power Distribution Reforms Even as the Centre puts in place a strategy to bring in efficiencies, energy sector observers believe that states will play hardball because electricity comes under concurrent list and state governments play an active role. In the backdrop of distribution companies’ dues having touched an all-time high and showing no signs of...