GREENKO ENERGIES PVT LTD
Greenko Energies gets CCI nod to acquire additional stake in Sikkim Urja
CCI approved Greenko Energies' additional stake acquisition in Sikkim Urja Ltd, a special purpose vehicle for a 1,200 MW hydropower project in North Sikkim. The acquisition was part of promoting fair competition in the marketplace.
Green H2 tender: Two companies seek zero incentives
The bidding was on the least incentive demanded over three years through a competitive selection process by the Solar Energy Corporation of India. The financial bids were opened on Tuesday.
Malaysia's Petronas, Singapore's GIC and Greenko form a $2 billion green ammonia venture
Petronas arm Gentari and AM Green established by the creators of Greenko have officially announced the signing of binding agreements with a GIC affiliate. Their collective goal is to produce 5 million tons per annum (MTPA) of green ammonia by the year 2030, which is equivalent to approximately 1 MTPA of green hydrogen.
BP, Petronas in race to invest up to $2 billion in Greenko founders’ new platform
The new platform is planning to produce 4-5 MTPA of green ammonia, green methanol and electrolysers at Kakinada in Andhra Pradesh, incurring a capital expenditure of $10 billion.
View: Want to save the planet? Re-Industrialize through renewables
Instead of focusing on degrowth, China and India are prioritizing technology to enable people to aspire to a more prosperous life next year and beyond without destroying the planet. Pumped-storage hydropower and the chemistry of ammonia are the top contenders to rewire production, trade, and consumption without a decline in living standards in developing nations, while green hydrogen could lessen the outsize role of oil and gas in geopolitics.
Greenko Group emerges lowest bidder for NTPC's 3000 MWh energy storage tender
Hyderabad-based Greenko Group has emerged as the lowest bidder in the world’s first and largest technology agnostic storage tender from NTPC Renewable Energy Limited (NTPC REL), the renewable arm of NTPC Limited. Greenko is backed by GIC Holdings Pte Ltd, Abu Dhabi Investment Authority and Japan’s ORIX Corp.
- Go To Page 1
Green hydrogen to be a focus area: Actis PE
Green hydrogen is produced by splitting water into hydrogen and oxygen using electrolyzers. Over the past few months, several Indian companies including Reliance Industries, Renew Power, Indian Oil Corporation, Adani Group, and Greenko Group have announced plans in this segment.
Greenko's offshore bonds get bids of over $2 billion from top institutions
Earlier, several Indian companies either cancelled or postponed their offshore bond sales as international investors went into a risk-off mode seeking the safety of dollar-backed assets. Individual investors and Greenko could not be contacted immediately. The deal was still on at the time of writing this article.
Top green energy banker sees $150 billion in India deals by 2030
Bank of America is moving its top renewable energy investment banker in India to New York, as it tries to grab a bigger share of what he estimates is the roughly $500 billion needed to meet the country’s green energy targets.
RBI cash, yields draw investors to dollar bonds
The RBI will inject 500 billion rupees of liquidity and allow new loan-relief for small businesses, Governor Shaktikanta Das said in surprise statement on Wednesday.
ReNew Solar Power bags 400 MW renewable energy projects at Rs 2.90/unit: MNRE
"Golden chapter added in Indian Renewable Energy story, as e-RA for 400 MW RE Projects with Round the Clock (RTC) supply conducted by SECI Ltd results in historic 1st year tariff of Rs 2.90/kWh. MNRE makes a new beginning towards firm, schedulable & affordable RTC supply through 100 per cent RE power," Power and New & Renewable Energy Minister R K Singh said in a tweet last evening.
CCI approves acquisition of equity stake in Teesta Urja by Greenko Mauritius
Greenko Mauritius is a wholly-owned subsidiary of Mauritius-based Greenko Energy Holdings. Teesta Urja is a special purpose vehicle incorporated for implementation of a 1,200 MW hydro power project in North Sikkim. The proposed transaction also involves "acquisition of certain equity shareholding held by selling shareholders in the Target Entities by REIT."
Tatas in talks with GIC to sell roads business
A Tata Realty and Infrastructure subsidiary owns the four NHAI toll road projects that are on offer as group looks to exit the business.
Aptel stays AP discom’s letter on tariff cuts to 3 Greenko units
Most renewable energy companies are contemplating approaching the Andhra Pradesh high court on the matter.
GIC, ADIA to power Greenko again with $550m cheque
The company is installing three new projects in Andhra Pradesh, Karnataka and Maharashtra by 2021.
Orange Renewable a done deal, Greenko in final talks to acquire Tanti Co
The new competitive bidding regime and enhanced execution timelines have prolonged the transition to clean energy.
KKR's ex-director Kabir Mathur joins ADIA to head India investments
Mathur, a former director with US fund KKR & Co. L.P, has joined with ADIA's Abu Dhabi office as Head- India & South East Asia, Private Equities.
IDFC infrastructure fund set to buy First Solar’s India portfolio for $300 million
In India, First Solar has supplied over 1gigawatt (GW) worth of panels while globally its supplies are worth over 17 GWs, according to the company's website.
ReNew eyes Orange's portfolio in $950 million deal to bulk up before IPO
ReNew has already submitted a non-binding offer and is conducting due diligence, the sources said. Orange is promoted by Singapore's AT Capital.
Abu Dhabi Investment Authority in talks to pick up significant minority stake in Cube Highways
This would be the first direct equity investment of Abu Dhabi Investment Authority in India's ambitious toll road programme, further diversifying deployment of its petro dollars.
SunEdison said to exit India with sale of projects to Greenko
The sale ends the foray of SunEdison, once the world’s biggest renewable energy company, into the second-most-populous nation. It sets Greenko up to profit from Indian Prime Narendra Modi’s goal of boosting clean-energy capacity to 175 gigawatts by 2022.
SunEdison India sale said to draw Khazanah, Hinduja brothers
SunEdison bid aggressively to win contracts in the country during a $3.1 billion buying spree that left it overloaded with borrowings.
Tata Power acquires Welspun Energy's renewable assets for Rs 10,000 crore
Tata Power Company has said its arm has signed an agreement with Welspun Energy Pvt Ltd to acquire renewable assets in a deal estimated at $1.4 billion.
Tata Power set to buy Welspun’s wind, solar assets valued at $1.45 billion
According to sources the Tata offer has trumped the closest competing proposal from a consortium of IDFC Private Equity & Fortum by at least 15-20%.
Top thermal deal: JSW Energy set to buy Lanco's project for Rs 5,700 crore
This would be the first acquisition of such magnitude in the thermal power space in which a domestic firm is acquiring another power project.
Malaysian co 1MDB & JSW Energy lead race for Lanco's Udupi power plant; deal valued at $1.1-billion
The transaction, valued in excess of $1 billion, is poised to be the largest thermal power asset sale in the country.
SBI Macquarie invests Rs 125 crore in Soham Renewable Energy India
Soham Renewable Energy announced on Monday that SBI Macquarie has invested Rs 125 crore in the Bangalore-based company's renewable platforms.
Load More
