There has been a recent spurt of investor interest in India's renewables space, with the outlook for the sector, as well as for electricity demand growth, remaining strong
Centre calls a meeting between states, PEs, funds
Share of AGEL, which is into solar and wind power, jumped over six times in 2020 versus a gain of 10% for the NSE's Nifty 100 Index - the first and only green energy company to do so in India
Virescent would manage renewable energy assets and KKR's Infrastructure Fund would make the investments.
India imports around 8.5 million tonnes per annum of liquefied natural gas from Qatar under two long-term contracts.
The second of a two-part series talks about how stiff competition in thermal projects is forcing manufacturers to focus on renewable sector
Niti Aayog CEO Amitabh Kant said India offers an exciting long-term market for both domestic and international investors in clean energy space
Even as the lockdown has affected mergers and acquisitions (M&A) in various businesses, companies and deal consultants are certain that renewable power assets would be the first on the sale table.
The ministry has also got in touch with trade commissioners and representatives of various countries and invited them to invest in this promising sector in India
Next 2-3 months to test if domestic steel price hikes are sustainable
PXIL faced financial crisis in 2017 when its net worth eroded and promoters of NSE and NCDEX wanted to shut it down prior to NSE's proposed initial public offering (IPO)
In terms of net new capacity installs to date in 2019-20, 5.7 Gw or two-thirds have been contributed by renewables whereas thermal power witnessed a net addition of 3.1 Gw
India's largest renewable power company on Sunday commissioned a 250 Mw plant in Rajasthan's Bikaner
Under any plausible scenario, coal will provide about 60% of India's power needs until 2030: CEA
There are around 1,200 projects under the REC mechanism, with a total capacity of 5,383 MW
The new energy was up eight per cent from the previous year
Kenya, Tanzania and Ethiopia account for 67% of adoption in sub-Saharan Africa