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Madhya Pradesh: After Shajapur, Neemuch Solar Park to get Rs 2.14 per unit of electricity freepressjournal.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from freepressjournal.in Daily Mail and Mail on Sunday newspapers.
Go Your browser has Javascript disabled, so some things may not quite work how they should on LI right now: please enable JavaScript in your browser to fix things, we have no nefarious trackers, or scripts by Facebook, Google or others. In Brief Monday, 17 May 2021 18:18 Corporate M&A “CDC Group, the UK’s development finance institution and impact investor, NIIF and EverSource Capital managed GGEF announced additional equity funding of USD 70 million, USD 284 million and USD 36 million respectively in Ayana Renewable Power (Ayana), a leading Indian renewable energy platform, a statement said.” reported The Economic Times. With the transaction, CDC will have acquired more than 30% stake in Ayana, whereas NIIF is set to become the majority shareholder in the company. ....
Adani Renewables bids Rs 2.77 for wind projects SECTIONS Share Synopsis Adani Renewable Energy Holding quoted Rs 2.77 per unit for 300-Mw capacity, while Ayana Renewable Power quoted Rs 2.78 per unit for a similar capacity. Evergreen Power Mauritius quoted Rs 2.78 per unit for 150-Mw. Wind power tariffs dropped to two-and-half year low to Rs 2.77 per unit with Adani Renewables Energy Holding emerging as the lowest bidder in auction conducted by Solar Energy Corporation (SECI) on Monday. Adani Renewable Energy Holding quoted Rs 2.77 per unit for 300-Mw capacity, while Ayana Renewable Power quoted Rs 2.78 per unit for a similar capacity. Evergreen Power Mauritius quoted Rs 2.78 per unit for 150-Mw. JSW Future Energy quoted the same bid for 450-Mw, data available with MSTC showed. ....
SHV, NIIF look to buy stake in Fourth Partner Energy Fourth Partner Energy (4PEL) is building solar parks in Uttar Pradesh, Maharashtra and Tamil Nadu.bloomberg 1 min read Share Via Read Full Story Netherlands’ SHV Energy and India’s quasi-sovereign wealth fund National Investment and Infrastructure Fund (NIIF) are separately looking to buy a stake in Hyderabad-based Fourth Partner Energy (4PEL) for about $150 million, two people aware of the development said. Fourth Partner Energy focuses on the commercial and industrial (C&I) segment and has an operational portfolio of 400MW. It is building solar parks in Uttar Pradesh, Maharashtra and Tamil Nadu. ....
India to see $500-billion investment in renewables by 2030: IEEFA report A report by the Institute for Energy Economics and Financial Analysis (IEEFA) says that a huge global capital pool is mobilising to invest in renewable energy and grid projects in India Source: Reuters India is set to see investments to the tune of around $500 billion in the renewables sector if the country has to achieve the target of 450 gigawatts (GW) of capacity by 2030, said a report by the Institute for Energy Economics and Financial Analysis (IEEFA). The report highlighted that a huge global capital pool is mobilising to invest in renewable energy and grid projects in India, with pull factors including solar power tariffs hitting record lows, plunging solar module costs, record low-interest rates, and the security of government-backed, 25-year power purchase agreements (PPAs). The renewable energy sector in India has received more than $42 billion in investment since 2014. ....