GREENKO GROUP OF COMPANIES

Currently, India is reliant on the global market to source electrolysers for its green hydrogen projects. To counter this, as well as reduce the cost of green hydrogen production, the Solar Energy Corporation of India, in July 2023, issued a request...

NABFID has sanctioned Rs 6200 crore from which Greenko will use to pay back foreign bond investors for bonds maturing in January and July next year, these people said on the condition of anonymity as the process for the buyback has still not started.

Greenko Group's subsidiary, AM Green, and SJVN Green Energy Limited (SGEL), a wholly owned subsidiary of SJVN, have signed a Memorandum of Understanding (MoU) for a long-term renewable energy supply agreement. Under the agreement, SGEL will provide ...

The project has an offtake agreement with Norway's Yara and received pre-certification for ammonia. An offtake agreement is a contract to buy or sell goods in advance of production, which will facilitate financing for the project. Greenko has signed...

Deliveries to start from Kakinada from Q4 of CY26, Industry sources say contract size expected to be $1.5-$1.8 bn over 10 years. 5GW of renewable power and pump storage in Andhra Pradesh to back production

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.

Reliance Industries Ltd (RIL), Larsen and Toubro (L&T), Greenko Group, and Welspun New Energy are planning to establish green hydrogen and green ammonia units at Gujarat’s Deendayal Port Authority (DPA) in Kandla, according to informed sources. The ...

China's Envision Energy International and AM Green, a hydrogen and green ammonia venture by the founders of Greenko Group, have entered an agreement to manufacture wind turbines for AM Green's clean energy projects in India. The collaboration, signe...

The firm is working with an adviser on the fundraising to bolster its ability to produce green hydrogen and other chemical compounds, the people said, asking not to be identified as the information is private. AM Green aims to build a million tonnes...

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 ye...

GIC will be deploying $500 million in the infrastructure business for a 49% stake. The investment will take place in tranches, with an initial $100 million and $400 million to come in over the next two to three years on a need-to-draw down basis. Th...

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.

ArcelorMittal and Nippon Steel's joint venture, AMNS India, will invest $7.4bn in capacity expansion and increased value-added capabilities. The investment includes increasing the Hazira-based plant's upstream capacity to 15 million tonnes by 2026, ...

The promoters - NTPC, NHPC, Power Finance Corp and Power Grid Corp of India - hold a combined stake of around 16% in PTC India. Damodar Valley Corp, which owns a 3.3% ownership, has also decided to divest its shareholding.

The infirm renewable electricity stored in the PSP project during lean demand hours shall be later despatched to help meet the state’s evolving peak power demand thus resulting in considerable cost savings. Besides, the PSP project shall also enable...

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 Pt...

As part of this partnership, Serentica will leverage Greenko’s energy storage capacity from its upcoming Off Stream Closed Loop Pumped Storage Projects (OCPSP) at Pinnapuram in Andhra Pradesh and Gandhi Sagar in Madhya Pradesh, said a company statem...

The MoU will explore the feasibility of jointly developing a production facility which can produce at least 250,000 tonnes of green ammonia per year, the companies said today. Keppel Infrastructure (KI) is a wholly-owned subsidiary of Keppel Corpora...

The company was listed on the Alternative Investment Market of the London Stock Exchange between 2007 and 2018. "We would at some point be keen to come back to markets like London," Greenko co-founder Mahesh Kolli said at the Reuters IMPACT climate ...