The investment comes as the Noida‑based company has completed ten acquisitions in the past ten months, highlighting its rapid expansion strategy. Rising Sun Holdings Pvt. Ltd., the Adar Poonawalla family office, has invested ₹7 billion in Inox Clean Energy Ltd, the integrated renewable energy platform of the INOXGFL Group, at a valuation of ₹700 billion....
Tag: renewable energy India
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Sourav Ganguly, Indian Cricket’s ‘Dada’, Named JAKSON Group’s First Brand Ambassador
The company said its decision was inspired by the former Indian cricket team skipper’s transformative leadership and his knack for redefining benchmarks. Noida‑based energy and infrastructure conglomerate JAKSON Group has announced former Indian cricket team captain Sourav Ganguly as its first brand ambassador. The company said the “strategic partnership” with the national sporting icon aligns...
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Suzlon Reshapes Leadership: J P Chalasani Elevated, Ajay Kapur Named Group CEO
Suzlon has unveiled major organisational changes as it gears up to expand into wind, solar, battery storage, and new technologies under its Suzlon 2.0 vision. The current CEO JP Chalasani has been elevated to the company’s newly constituted Group Executive Council (GEC). Chalasani will work closely with Vinod Tanti, Chairman & Managing Director, and Girish...
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India’s Energy Transition Sets Global Pace: Pralhad Joshi at Davos
India’s clean energy transition provides lessons for emerging economies on growth, jobs and competitiveness, according to Union Minister Pralhad Joshi. Even as a BloombergNEF report confirms that India is transitioning to new and renewable sources of energy faster than the US or China, Union Minister for New and Renewable Energy Pralhad Venkatesh Joshi emerged as...
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REIAs Issue 67.5 GW Renewable Energy LoAs Since April 2023 with Zero Cancellations: Joshi
Alongside central tenders, states have issued renewable procurement bids, reflecting the widening scope of India’s renewable energy ecosystem. India’s Renewable Energy Implementing Agencies (REIAs) have issued letters of award (LoAs) for 67,554 MW of renewable power procurement tenders since April 2023, with zero cancellations, Union Minister for New and Renewable Energy Pralhad Venkatesh Joshi informed...