Press Trust of India | Last Updated: April 29, 2016 19:00 (IST)
Wind turbine maker Suzlon Energy on Friday said its step-down subsidiary AE-Rotor Holding (AERH) has redeemed bonds worth $590.4 million (about Rs 3,900 crore) and also arranged a credit facility of the same amount at a competitive rate.
Press Trust of India | Last Updated: April 28, 2016 19:26 (IST)
Taking a diagonally opposite view to CAG, Parliament's Public Accounts Committee on Thursday said Reliance Industries (RIL) is entitled to recover all cost incurred on unviable gas discoveries as government's technical arm DGH had in the first place allowed it to retain the entire KG-D6 block area.
Press Trust of India | Last Updated: April 28, 2016 00:21 (IST)
Sajjan Jindal-led JSW Energy will on Thursday announce the acquisition of Naveen Jindal's 1000 MW capacity power plant at Raigarh in Chhattisgarh for up to Rs 6,000 crore.
Thomson Reuters | Last Updated: April 27, 2016 22:07 (IST)
Saudi Aramco, the world's biggest energy company, outlined financing plans on Wednesday that will support its expansion into new areas under a sweeping economic reform plan released by Riyadh this week.
Press Trust of India | Last Updated: April 27, 2016 19:54 (IST)
State-run utility NTPC is entering the wind energy segment and has invited bids from management consultants for setting up of a 100 mw project in the country.
Press Trust of India | Last Updated: April 26, 2016 20:42 (IST)
Government's decision to allow reverse auction for short-term power procurement via e-bidding will benefit distribution companies and lead to better transparent price discovery, which will lead to a price dip of 4-5 paise per unit for end-consumers, according to rating agency Icra.
Press Trust of India | Last Updated: April 26, 2016 16:47 (IST)
Filing for bankruptcy by US-based renewable energy major SunEdison poses no problem to India's robust solar energy programme of adding 100 GW capacity by 2022, Power Minister Piyush Goyal has said.
Press Trust of India | Last Updated: April 21, 2016 12:57 (IST)
Adani Power on Wednesday said 21 workers were injured in an accident at one of units of its coal-fired Mundra power plant in Gujarat.
Press Trust of India | Last Updated: April 20, 2016 18:12 (IST)
VC funding for Battery/Storage companies dropped 50 per cent with $54 million in 10 deals this quarter compared with $108 million in eight deals in Q4 2015. Year-over-year funding was lower compared to the $69 million in seven deals in Q1 2015.
Press Trust of India | Last Updated: April 19, 2016 13:08 (IST)
Suzlon Energy has acquired five small solar companies for an undisclosed sum to implement various renewable energy projects across the country.
Press Trust of India | Last Updated: April 18, 2016 16:42 (IST)
State-run Coal India Ltd (CIL) will next week hold the first phase of a special e-auction for the ongoing fiscal year to provide coal to power producers as part of the government's efforts to ensure round-the-clock electricity to all.
Thomson Reuters | Last Updated: April 16, 2016 19:43 (IST)
Solar energy company SunEdison Inc is preparing to file for bankruptcy as early as the evening of April 17, a person familiar with the matter said on Friday, nine months after its market value had reached $10 billion.
Agence Frence-Presse | Last Updated: April 15, 2016 07:30 (IST)
A global oil glut that has hit energy companies hard but meant cheap prices for consumers is set to ease by year's end as US shale production slides, the International Energy Agency (IEA) has said.
Press Trust of India | Last Updated: April 13, 2016 15:43 (IST)
Finnish utility firm Fortum on Wednesday said it has secured a 100 MW solar power project from NTPC under an auction for 500 MW grid, which will connect solar photovoltaic (PV) projects in Karnataka's Tumkur district.
Thomson Reuters | Last Updated: April 09, 2016 19:02 (IST)
In November, solar energy giant SunEdison Inc reported that its project pipeline had grown by 75 per cent in just a year, the result of an aggressive growth strategy.
Thomson Reuters | Last Updated: April 07, 2016 12:32 (IST)
As the US solar giant fights to stave off bankruptcy, the 500 megawatt project in Andhra Pradesh state it won last November lies idle with ground yet to be broken.