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Inox Wind Raises ₹9 Billion by Selling Equity Shares to Reduce Debt

Inox Wind Energy (IWEL), the promoter of Inox Wind, has raised around ₹9 billion (~$108.05 million) through the sale of equity shares of Inox Wind via block deals on the...

May 29, 2024

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Arjun Joshi

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Finance and M&A

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Wind
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Torrent Power’s Revenue Inches Up To ₹31 Billion In Q1 FY 2022

Gujarat-based power generation company Torrent Power declared its financial results for the first quarter (Q1) of the financial year (FY) 2022 and recorded a 3.05%...

August 9, 2021

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Harsh Shukla

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Finance and M&A

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Other
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Thailand’s PTT Group Acquires 41.6% Stake in Avaada’s Solar Portfolio for $453 Million

Global Power Synergy Public Company Limited (GPSC), a power subsidiary of Thailand-based PTT Group, announced that its subsidiary Global Renewable Synergy Company (GRSC)...

July 14, 2021

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Harsh Shukla

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Finance and M&A

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Solar
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Reliance New Energy Solar Incorporated as the Wholly-Owned Subsidiary of Reliance Inds

Reliance Industries Limited (RIL) has formed Reliance New Energy Solar Limited (RNESL), investing ₹100,000 (~$1342) for 10,000 equity shares of ₹10 (~$0.13) each. In its...

July 14, 2021

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Harsh Shukla

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Markets & Policy

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Solar
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Solar Inverter Supplier GoodWe Launches IPO, Lists on Shanghai Stock Exchange

Solar inverter manufacturer GoodWe announced the initial public offering (IPO) of its common stock on the Shanghai Stock Market, making it a listed public company....

September 9, 2020

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Harsh Shukla

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Inverters & BOS

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Solar
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ReNew Power, NLC India, and Azure Power, Top Utility-Scale Solar Developers in 2019

ReNew Power, NLC India, and Azure Power emerged as the top utility-scale solar project developers in India in terms of installed capacity in the calendar year (CY) 2019,...

May 7, 2020

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Nithin Thomas

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Mercom Research Focus

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Other

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