L&T carves out renewable biz vertical
Creation of this vertical will give increased autonomy, customer proximity and leadership oversight to the business, says S.N. Subrahmanyan
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September 2024
August 2024
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June 2024
Renewable energy now 44% of India's power capacity
Renewable energy capacity during the same period a year ago was 38.4%.
Premier Energies to raise ₹2,830 cr via IPO; plans to set up 4 GW solar cell, module plant
The IPO, a combination of fresh equities worth ₹1,291.40 crore and OFS of ₹1,539 crore, will open for subscription on August 27.
India, Japan sign first-ever green ammonia export deal
The Heads of Terms (HoT) agreement was signed by Sembcorp Industries, Sojitz Corporation, Kyushu Electric Power Co., and NYK Line.
How path to ESG makes companies attractive to invest
With a clear rationale that is grounded in value creation and proactiveness for the future, corporates are embracing their ESG-activity calendar
Economic Survey 2024: India’s per capita CO₂ emissions is one-third of global average
The target for reducing emissions intensity relative to India's GDP has been raised to 45% by 2030, up from the previous 33-35% target from the 2005 level
Budget 2024: How to catalyse green capital for global south
From simplifying GST rate for RE projects to reducing import duties on solar cells, renewable energy sector expects an enabling environment.
Renewable sector seeks incentives, tax waivers in Budget 2024
With more intermittent renewable energy coming to the grid, the budget should support storage solutions to address green power unavailability during peak times.
Gurugram-based ACME Solar files DRHP for ₹3,000 crore IPO
The IPO is a mix of fresh issue of equity shares up to ₹2,000 crore and an offer for sale (OFS) of up to ₹1,000 crore by ACME Cleantech Solutions.
Govt okays viability gap funding scheme for offshore wind energy projects
The Viability Gap Funding (VGF) scheme has a total outlay of ₹7,453 crore.
