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Radiance Renewables signs JV with InfraCo Asia

Radiance Renewables signs JV with InfraCo Asia
financialexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialexpress.com Daily Mail and Mail on Sunday newspapers.

Manikkan Sangameswaran , Infraco Asia , Radiance Infraco Renewables , Infrastructure Development Group , Communications Ltd , Radiance Renewables , Private Infrastructure Development Group , Eversource Capital , First Cabinet , Corporate India , Infraco Renewables , Claudine Lim ,

Budget 2024: Green energy sector pitches for GST cut, easier FDI norms

Union Budget 2024: Key expectations include higher capital expenditure in renewable energy, measures to promote indigenous development, reduction of GST rates for hydrogen and electrolyser manufacturing, and a conducive environment for foreign investors. ....

Gaurav Kedia , Shaon Sengupta , Manish Dabkara , Ramnath Vaidyanathan , Derekm Shah , Vaibhav Roongta , Devansh Jain , Inox Windenergy , Manikkan Sangameswaran , Alt Energy , Renewable Energy Committee , Services Tax , Environmental Sustainability At Godrej Industries Ltd , Radiance Renewables , Energy Services Ltd , Indian Biogas Association , North Star , Indian Biogas , Chief Business Officer , Vice President , Production Linked Incentive , North India , Godrej Industries , Executive Director , Inter State Transmission Charges , Renewable Energy ,

Azure Power sells rooftop solar business to Radiance Renewables

Azure Power sells rooftop solar business to Radiance Renewables
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Narendra Modi , Manikkan Sangameswaran , Ranjit Gupta , Research Analytics , Everstone Group , Green Growth Energy Fund , Radiance Renewables , Azure Power , Eversource Capital , Prime Minister Narendra Modi , நரேந்திர மோடி , ரஞ்சித் குப்தா , ஆராய்ச்சி பகுப்பாய்வு , பிரகாசம் புதுப்பிக்கத்தக்கவை , நீலமான பவர் , ஏவேர்சௌூறசெ மூலதனம் , ப்ரைம் அமைச்சர் நரேந்திர மோடி ,

Azure Power Sells Non-core Solar Rooftop Portfolio to Radiance Renewables; Transaction Expected to Improve Overall Cost Structure and be Value Accretive

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NEW DELHI, April 5, 2021 /PRNewswire/ Azure Power Global Limited, a leading solar power producer in India, announced it has signed a binding agreement to sell its non-core solar rooftop portfolio to Radiance Renewables Pvt. Ltd. (Radiance), one of India s leading providers of competitive renewable energy solutions for commercial, industrial and residential customers and a 100% subsidiary of the Green Growth Equity Fund ( GGEF ), India s leading Climate fund, managed by EverSource Capital, for a total consideration of INR 5,365 million (US$ 73.5 million
1) subject to purchase price adjustments. The rooftop portfolio generated INR 331 million (US$ 4.5 million
1) in EBITDA for the 12 months ending December 30, 2020. After excluding rooftop revenues, our new FY 22 revenue guidance is INR 17,200 – 18,200 million (or US$ 236 - $249 million ....

New York , United States , Andhra Pradesh , United Kingdom , Tamil Nadu , Samitla Subba , Manikkan Sangameswaran , Ranjit Gupta , Green Growth Equity Fund , Radiance Renewables Private Limited , Prnewswire Azure Power Global , Development Office , Radiance Renewables , Exchange Commission , Renewable Energy , India National Investment , Securities Exchange , Radiance Renewables Pvt , Infrastructure Fund , Service Reaa , Radiance Renewables Private , Power Global Limited , Eversource Capital , Azure Power , Green Bond , Restricted Groups ,

Radiance Renewables acquires solar rooftop assets of Azure Power for ₹536.5 crore

April 05, 2021
The deal covers 152.5 MW of assets
Mumbai-based Radiance Renewables Pvt Ltd, a wholly-owned subsidiary of Green Growth Equity Fund (GGEF), has entered into an agreement to acquire Azure Power Global Ltd’s solar rooftop assets for ₹536.5 crore.
The assets are based in India, while the deal covers 152.5 MW of assets including 8.1 MW that is under construction and 18.5 MW that was recently commissioned.
Following this acquisition, Radiance will be able service high-quality customers such as Indian Railways, Delhi Metro Rail Corporation and Delhi Jal Board amongst others where 99 per cent of power purchase agreement are for 25 years.
“This strategic acquisition will position Radiance as a significant pan-India player in the commercial, industrial and institutional segments with exposure to long-term power purchase agreements with quality customers based on net metering in the build-out of its distributed generation platform. This transaction al ....

Dhanpal Jhaveri , Manikkan Sangameswaran , Ranjit Gupta , Radiance Renewables Pvt Ltd , Delhi Metro Rail Corporation , Green Growth Equity Fund , Khaitan Co , Radiance Renewables , Indian Railways , Azure Power Global Ltd , Mumbai Based Radiance Renewables Pvt Ltd , Delhi Jal Board , Eversource Capital , Azure Power , தன்பால் ஜாவேரி , ரஞ்சித் குப்தா , பிரகாசம் புதுப்பிக்கத்தக்கவை பிரைவேட் லிமிடெட் , டெல்ஹி மெட்ரோ ரயில் நிறுவனம் , பச்சை வளர்ச்சி பங்கு நிதி , கைதன் இணை , பிரகாசம் புதுப்பிக்கத்தக்கவை , இந்தியன் ரயில்வே , நீலமான பவர் உலகளாவிய லிமிடெட் , மும்பை அடிப்படையிலானது பிரகாசம் புதுப்பிக்கத்தக்கவை பிரைவேட் லிமிடெட் , டெல்ஹி ஜ்யால் பலகை , ஏவேர்சௌூறசெ மூலதனம் ,