Uttar Pradesh cabinet clears 150 MW floating solar plant over Rihand Dam
The plant will attract an investment of Rs 750 crore into the state, with Rs 500 crore coming from ReNew Power to set up 100 MW and Rs 250 crore from Shapoorji Pallonji for the remaining 50 MW.
Sterling and Wilson Solar to launch IPO this week
The Shapoorji Pallonji Group’s solar EPC business will hit the capital markets with an initial public offering on Aug. 6.
Solar Imports: India defers safeguard duty, provides relief to ongoing projects
Even though postponing the duty on solar cell imports from China and Malaysia is not a long-term resolution, it will offer relief to developers with ongoing PV projects, especially for those with shipments in transit or which arrived after 30 July.
Court clears solar imports from customs without paying safeguard duty
As per the court order, Shapoorji Pallonji can retrieve its solar PV panel consignment at Chennai port, which has been cleared by customs, provided it pays the safeguard duty in case the related notification is upheld.
Azure Power wins 300 MW project to surpass 3 GW portfolio
The independent power producer has continuously expanded its project pipeline, routinely winning multimegawatt tenders. The latest winning bid relates to a pending PPA at Rs2.64 per kWh.
Shapoorji Pallonji group has put its entire solar portfolio on the market
Credit Suisse, a swiss financial services firm, is appointed as an advisor for the deal, and the total value of the transaction is estimated at around $180 million.
Shapoorji Pallonji may sell its stake in solar portfolio
Age-old conglomerate SP Group seeks new investors, realizing the pace in India’s green energy equity market.
