The stake sale reflects growing investor confidence in India’s renewable EPC segment, as infrastructure scale and policy support converge. Inox Wind Ltd (IWL), a leading provider of wind energy solutions in India, has announced the sale of a ₹1.75 billion stake in its engineering, procurement and construction (EPC) subsidiary, Inox Renewable Solutions Ltd (IRSL), to...
Tag: renewable energy projects
Post
Post
40 per cent Renewable Generation Obligation (RGO) mandatory
Rule applicable from April 2023
Post
Shell plans to acquire 100% stake in Actis for over $1 billion
Sprng Energy supplies solar, wind power to discoms in India
Post
India to have Rs 2k cr standalone renewable battery power bank
Govt to implement solar, wind project to supply 500 MW for 2-hour
Post
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).
Post
Madhya Pradesh gears up for Green Energy Corridor
Madhya Pradesh has readied its blueprint for the Rs.4000 crore worth Green Energy Corridor project spearheaded by Power Grid Corporation (PGCIL), as next the five years would add another 6,000 MW of renewable energy projects in its installed capacity.
Post
Setting up of green energy projects
In order to provide low cost finance to renewable energy projects, Government announced its commitment in the Budget for 2013-14 to provide funds from the NCEF to Indian Renewable Energy Development Agency (IREDA) to on-lend to viable renewable energy projects.
Post
Gujarat seeks more central aid for renewable projects
To promote renewable energy projects further in the state, Gujarat government has demanded more Central assistance and incentive through policy changes. The State government is heavily focusing on the solar and other renewable energy power generation. The request to the Union government was made at the Power Minister's Conference held at New Delhi on February 5.