IndiGrid completes acquisition of 300 MW solar power plant
IndiGrid’s solar portfolio crosses 1 GWp capacity with the acquisition of a 300 MW solar plant in Rajasthan.
ReNew posts $43 million profit in the first nine months of FY 2024
ReNew reported a total income of $870 million and net profit of $43 million in the first nine months of FY 2024.
The Hydrogen Stream: ReNew begins work on 1.2 mmtpa green ammonia plant in Odisha
ReNew E-Fuels is developing a green ammonia plant with a production capacity of 1.2 mmtpa (million metric tonnes per annum) in the Indian state of Odisha.
The Hydrogen Stream: India’s Maharashtra signs MoUs for green hydrogen projects worth over $33.2 billion
NTPC Green Energy, ReNew, Avaada, JSW Energy, Welspun Godavari GH2, INOX Air Products, and Larsen & Toubro Green Energy have committed huge investments in setting up green hydrogen production capacities in the Indian state of Maharashtra.
IndiGrid signs agreement to acquire 300 MW (AC) solar assets from ReNew
IndiGrid has executed the share purchase agreement to acquire ReNew Solar Urja Pvt Ltd from ReNew Solar Power, which operates a 300 MW (AC) solar project in Rajasthan. The acquisition is to be done a total enterprise value of INR 1,650 crore ($199 million) including net working capital and cash.
NTPC wraps up 1.5 GW solar tender with $0.031/kWh tariff
Solarpack (Anboto Solar), Apraava Energy, Avaada and ReNew have emerged winners in NTPC’s 1.5 GW solar PV auction.
SECI wraps up 1 GW solar tender with $0.030/kWh tariff
Avaada, ReNew, Sprng Energy, and Solarcraft (Blupine) have emerged winners in Solar Energy Corp. of India’s 1 GW solar PV auction.
ReNew signs MoU with Asian Development Bank for $5.3 billion
ReNew has signed a memorandum of understanding with the Asian Development Bank for the financing of renewable energy, manufacturing, carbon offset, and green hydrogen projects between 2023 and 2028.
ReNew commissions its first interstate transmission project
The project will help in the evacuation of 1.5 GW of renewable energy from the Koppal area of Karnataka.
SJVN wraps up 1.5 GW renewables, storage tender with $0.053/kWh tariff
Seven developers secured a cumulative 1.184 GW in SJVN auction for the supply of 1.5 GW of firm and dispatchable power. The winning developers will build renewable power projects supplemented with energy storage system to ensure the power supply.
