CLP India

Goa Assembly Speaker Ramesh Tawadkar on Thursday said he had accepted the merger of the state Congress Legislature Party (CLP) into the ruling BJP. He went through a letter submitted by Congress MLAs and found that they have required numbers, he told reporters. Eight out of 11 Congress MLAs on Wednesday passed a resolution to merge the legislature party into the BJP.

With this, the Canadian pension fund's stake in the firm goes up to 50%

Suzlon Group has bagged an order from CLP India to develop a 252 MW wind power project at Sidhpur in Gujarat, a statement said

The company said the move will help sustain the expansion of its renewable energy portfolio in alignment with the company's vision to invest in low-carbon footprint businesses

M&M had announced that its wholly-owned arm Mahindra Renewables would sell its entire stake in three subsidiaries to CLP India, a part of Hong Kong-based CLP Group

CLP India is owned by CLP Group, one of the largest investor-owned power businesses in Asia

Mahindra & Mahindra on Friday said its wholly-owned arm Mahindra Renewables will sell its entire stake in three subsidiaries to CLP India, a part of Hong Kong-based CLP Group, for nearly Rs 340 crore. Mahindra Renewables Pvt Ltd (MRPL) has on Friday agreed to sell its entire stake aggregating 100 per cent of the paid-up equity share capital in Cleansolar Renewable Energy Pvt Ltd (CREPL), Divine Solren Pvt Ltd (DSPL) and Neo Solren Pvt Ltd (NSPL), wholly-owned subsidiaries of MRPL, to CLP India Pvt Ltd (CLP), Mahindra & Mahindra said in a regulatory filing. As per the share purchase agreement, CLP will acquire 96,23,000 equity shares of Rs 10 each in CREPL at a price of Rs 113.11 per share, aggregating to Rs 108.85 crore. Similarly, it will acquire 1,20,80,000 equity shares of Rs 10 each in DSPL at a price of Rs 104.57 per share, aggregating to Rs 126.32 crore. CLP will also buy 93,15,000 equity shares of Rs 10 each of NSPL at a price of Rs 112.37 per share aggregating to Rs ...

As it completes 15 years in India's power sector, success stories outnumber its failures

These 9.91% debentures are secured by the project asset and non-convertible, maturing in seven and eight years

Takes 49% in JV for 100-Mw project in Telangana