DHANPAL
Green energy may power industries in-house demand: Eversource CEO Dhanpal Jhaveri
India's captive industrial power consumption, currently around 90 gigawatts from fossil fuels, has significant potential for renewable energy replacement, said Dhanpal Jhaveri, chief executive at Eversource, a green energy investment platform. Eversource, a partnership between Everstone and Lightsource BP, sees global climate policies like the EU's carbon footprint taxes driving this shift. Industrial giants like ArcelorMittal, JSPL, JSW, and Vedanta are investing in renewable energy for captive use to align with global climate goals.
Climate investor Eversource receives grant funding from US and Danish governments
Eversource, a climate investment joint venture between Everstone Group and Lightsource BP, has received catalytic concessional capital from the U.S. Department of State and USAID through the Blended Finance for Energy Transition (BFET) program.
Telangana election results 2023: Full list of winners constituency wise
Telangana Assembly Election 2023 Full Winner List: The Congress party has emerged victorious in the Telangana Legislative Assembly elections, securing a majority of the seats. This win marks the first non-BRS government in Telangana. Telangana becomes the second southern state to be won by the Congress party in 2023, following their triumph in Karnataka earlier in May. The swearing-in ceremony for the new government is expected to take place on either December 4 or 9, as per a report from the Press Trust of India
How innovative business models can lead to more opportunities for climate investing
Dhanpal Jhaveri, Vice Chairman of Everstone Group, explains why a collective effort is needed by stakeholders to drive innovative business outcomes in addressing the climate impact.
Mohini Ekadashi 2023: Date of fasting, significance of this auspicious day and more
While there are two Ekadashi dates in every month, Mohini Ekadashi, which occurs towards the end of the Hindu month of Vaishakh, is considered especially significant. Observers of the Mohini Ekadashi fast are believed to receive absolution for past misdeeds and the possibility of salvation.
Experts to discuss opportunities, challenges and implementation of clean energy projects at REConIndia 2023
Renewable energy sector experts will come up with a white paper on opportunities, challenges, way forward and implementation of clean energy projects in the country after a day-long deliberation at REConIndia 2023 on February 17.
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Spencer’s Retail MD Devndra Chawla steps down; to join GreenCell Mobility as CEO
In a regulatory filing, the retail company said Chawla has tendered his resignation from the position of chief executive and managing director, and also as a director from the board of the company, with effect from January 20, 2023.
Former KPMG, EY execs launch audit consultancy, raise $12.5 million from Nexus, others
It also announced that it has acquired SustainPlus, which provides ESG consulting to companies in India, Europe, the Middle East, and the US since 2017, and appointed its founder and chief executive Anu Chaudhary as the global head of ESG (environmental, social, and governance).
Uniqus Consultech raises $12.5 million in Series A funding
The startup, which has been co-founded by ex-Big Four leaders—Jamil Khatri, former global head of accounting advisory services at KPMG, and Sandip Khetan, former head of financial accounting advisory services at EY India—also launched its operations on Thursday.
India’s 'Green' retail NBFC Ecofy promoted by Eversource Capital launched
Ecofy’s offerings include loans, leases, insurance, warranties, and buybacks for all green needs. Ecofy is born digital and uses technology to improve every aspect of the customer experience.
EverSource closes climate impact fund at $741 million
EverSource is investing to combat climate change by focusing on the decarbonization of energy and resource efficiency. The Fund actively invests in and builds climate-positive businesses and platforms spanning renewable energy, energy efficiency, e-mobility, resource conservation, waste and water management and associated value chains, said the statement.
PE funds invest $390 mn in renewable energy platform Ayana
With a $284 mn investment, NIIF is largest shareholder of Ayana
Eversource buys ex investment banker's biz, enters solar rooftop space
Origin Renewables, which develops and invests in solar rooftop and other renewable projects on a Operational Expenditure (OPEX) or Build Own Operate and Transfer (BOOT) model, was owned by Manikkan Sangameswaran, a former investment banker worked with Babcock & Brown, ABN AMRO and UBS Securities.
The decade of AI: ChrysCapital boss says AI will be used more practically & across sectors in coming yrs
Apart from AI, Kshitij Sheth says another theme he hopes for is that more companies go public.
Budget done & dusted! These industry leaders bet their money on education, EVs
Some top bosses reveal where the action is headed in the next decade.
Greenko set to buy into $1.5 bn Teesta Project in Sikkim
Greenko is making its boldest bet yet in hydel power, buying a chunk of Teesta Stage III in Sikkim, the largest private hydroelectric project in Asia, in a multi-phased transaction, people in the know said.
India offers significant multiplier growth over 5-10 years: Dhanpal Jhaveri, Everstone Capital
Investors need to be patient about returns and need to be invested deep and long.
EverSource, NIIF buy stake in Ayana Renewable for $330 million
All three partners will invest $330 million cumulatively, according to a company statement.
110-yr-old Persian Cemetery to host Shia congregation on Muharram in Bengaluru
The mosque is all set to host the largest shia congregation in city tomorrow.
Woman Congress MLA evicted from the Tamil Nadu Assembly after duel with the Speaker
Congress MLA S Vijayadharani was evicted from the Tamil Nadu Assembly after she engaged in a verbal duel with Speaker P Dhanapal who condemned her behaviour.
The wrong bet! When Girish Mathrubootham said no to Swiggy, Meena Ganesh didn't bet on OYO rooms
Top investors reveal the lucrative opportunities they regret letting go off.
From Uday Kotak to Virat Kohli, leaders on lessons from our freedom struggle
Ahead of Republic Day, top bosses reveal the key strategies they picked up from inspiring faces from our freedom struggle.
A glitzy wedding bash! Hexaware founder's daughter Devangi tied the knot with Saharsh Parekh
The couple got married in Abu Dhabi with close family and friends attending the function. The bride wore a Manish Malhotra for the wedding.
Startups to pitch biz ideas at TiECON Mumbai conclave
The 'TiECON Mumbai 2016', India's Leading Entrepreneurial Conclave, will be held at National Centre for the Performing Arts (NCPA) on January 6-7.
BCI corruption case: Delhi court orders framing of charges against former officials, others
The court, however, said no charge of forgery for purpose of cheating and using forged documents as genuine is made out against the accused.
Networking secrets for professionals from Everstone Capital’s Dhanpal Jhaveri
Jhaveri says focus, engagement and creating an impression is critical for effective networking.
Everstone acquires Aon Hewitt's Asia Pacific payroll processing business
Gurinder Singh, head of Aon Hewitt's Asia Pacific payroll business, will continue to lead as the Chief Executive Officer of Excelity Global.
Budget 2015: More HNIs to hitch start-up ride after tax clarity
Local ultra-rich have been tentative investors into VC and PE funds, but the latest development could push them more.
Budget 2015: Single cap for FDI and FPI may not boost foreign flows, say industry trackers
The decision to have a common sectoral cap for FPI and FDI will make regulations simpler for investors, but may not lead to a rise in inflows.
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