Finance

Senvion

Arpwood-controlled Senvion to buy Kenersys from Bharat Forge founders

Senvion, the German wind turbine maker, partly owned by India’s Arpwood Capital and US buyouts firm Centrebridge Partners has agreed to buy wind turbine inventory and the service operations of Kenersys, a company owned by … More →

Suzlon (2)

Suzlon Energy gains after bagging order from Hero Future Energies for wind power project

Suzlon Energy rose 0.68% to Rs 22.30 at 11:40 IST on BSE after the company announced that it has won its maiden order from Hero Future Energies, an Independent Power Producer company. The company made the announcement during … More →

suzlon

Wind back in Suzlon sails with ₹116-crore profit in Q2

There seems to be some wind in Suzlon Energy’s sails as the standalone entity has posted a net profit of ₹116.47 crore during the second quarter ended September 30, compared with a loss of ₹528.38 … More →

ReNew Power 2

ReNew Power raises $265 mn via equity, to use fund for capex

ReNew Power Ventures today said it has raised USD 265 million (around Rs 1,700 crore) in fresh equity from new and existing investors including from an arm of Abu DhabiInvestment Authority (ADIA) and Goldman Sachs. The … More →

Inox Wind

Inox Wind gets shareholders’ nod to raise Rs 150 crore via NCDs

Power equipment maker Inox Wind today said its shareholders have approved raising Rs 150 crore through issuance of non-convertible debentures ( NCDs) on private placement basis. The shareholders approved the special resolution at its annual general meeting … More →

Orient Green Power

Orient Green Power raises Rs. 250 crore

Orient Green Power Co Ltd (OGPL) has raised Rs. 250 crore from existing promoter Shriram Venture Ltd (SVL) and its subsidiaries and financial investors, including EW Special Opportunities Fund II and Ecap Equities, through preferential allotment. Equirus … More →

SJVN 1

SJVNL records all-time high revenue of Rs.3,261 crore

Public sector Satluj Jal Vidyut Nigam Ltd (SJVNL) on Tuesday announced that it recorded all-time high revenue of Rs.3,261.10 crore in the last fiscal, registering a 54.50 percent increase over the Rs.2,110.72 crore earned during … More →

CLP India 2

CLP Wind Farms raises Rs 600 crore from green bonds

CLP India, one of the largest foreign investors in the Indian power sector, today announced the issuance of corporate Green Bonds for its wind portfolio – CLP Wind Farms. CLP Wind Farms will raise Rs 600 crore through issue of rated, … More →

Suz

Suzlon Energy seeks shareholders nod to raise Rs 5,000 cr

Wind turbine manufacturer Suzlon Energy’s board has sought shareholders’ approval to raise up to Rs 5,000 crore through the issue of securities. “(It is proposed) to issue securities to the extent of Rs 5,000 crore,” … More →

Suz

Suzlon Energy spurts after turnaround in Q1

Suzlon Energy surged 15.75% to Rs 25.35 at 12:38 ISTon BSE after the company reported consolidated net profit of Rs 1047.41 crore in Q1 June 2015 compared with net loss of Rs 750.74 crore in Q1 June 2014. The … More →