India’s small renewables firms fighting consolidation wave

Small to mid-sized renewable energy companies in India are starting to look like attractive takeover targets as lenders and investors withhold funds, worried by the …

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SIMEC ZEN Energy Launches USD 1 Billion Renewable Energy Program in Australia

SIMEC ZEN Energy – part of India-born British billionaire Sanjeev Gupta’s global GFG Alliance – has launched its landmark US$1 billion, one‐gigawatt dispatchable renewable energy …

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CMRL plans to purchase renewable energy to power its daily operations, floats tender

Chennai Metro Rail Limited (CMRL) is reportedly planning to purchase renewable energy. CMRL will use this to power 80% of its daily operations including running …

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REC Inks 200 Million Euro Deal with German Bank KfW to finance renewable energy projects

Rural Electrification Corporation (REC), the state owned power sector financier, signed a 200 million Euro loan with the German bank KfW in Frankfurt on 13th …

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Competition Commission dismisses complaint against Vestas Wind Tech India

The Competition Commission has dismissed a complaint alleging unfair business practices against wind turbine manufacturer Vestas Wind Technology India with regard to service conditions of …

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India’s energy deficit shrunk to less than one per cent in four years: NITI Aayog

The installed power generation capacity in India has risen to 344 GigaWatts (GW) and its energy deficit, which stood at over 4 per cent in …

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