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IREDA raises Rs 2,006 cr via QIP to boost green financing

New Delhi, June 11: Indian Renewable Energy Development Agency Ltd. (IREDA) has successfully raised Rs 2,005.90 crore through Qualified Institutions Placement (QIP).The capital was mobilised by issuing 12.15 crore equity shares at a price of Rs 165.14 per share, which includes a premium of Rs...
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Maruti Suzuki expands solar capacity in India, earmarks over Rs 925 crore

New Delhi, June 4: Reinforcing its commitment to enhance usage of renewable energy in its operations, Maruti Suzuki India Limited on Wednesday announced the expansion of its solar capacity by 30MWp (megawatt-peak) with two new projects.The automaker commissioned a 20MWp solar power project at its...
OTPCL, Assam power corp to develop Northeast’s first 250 MW solar battery storage facility
Assam

OTPCL, Assam power corp to develop Northeast’s first 250 MW solar battery...

A first-of-its-kind battery system will store solar energy for night-time & peak-hour use
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