Power Grid Corporation of India Limited (POWERGRID) has acquired NES Pune East New Transmission Limited, the special purpose vehicle (SPV) set up for the transmission project involving the network expansion scheme in Maharashtra for the […]
Premier Energies Limited has completed the second and final tranche of the strategic acquisition of equity shares in Transcon Ind Limited. The company has acquired 52,073 equity shares of Transcon Ind allotted on a preferential […]
Inox Clean Energy Limited has acquired Vibrant Energy from Macquarie Corporate Holdings Pty Limited and other shareholders for Rs 50 billion. The transaction adds a 1,337 MW commercial-and industrial-focused renewable energy portfolio spread across Madhya […]
Adani Airport Holdings Limited (AAHL), a wholly owned subsidiary of Adani Limited, has completed the acquisition of SKYIWAVE Private Limited after executing a share purchase agreement with the company and its existing shareholders on March […]
Climate Fund Managers has committed $32.2 million from its European Union-supported Climate Investor Two Construction Equity Fund to a commercial-scale waste-to-biogas facility, Akaia Green Fuels. The facility is located in Uttar Pradesh. The investment will […]
ACEN India has raised Rs 7.52 billion from the Mitsubishi UFJ Financial Group and SMBC. The financing has been raised for the company’s 100 MW wind power project in Bijapur, Karnataka. The company has signed […]
The board of the Power Finance Corporation (PFC) has approved a plan to borrow up to Rs 1.6 trillion from domestic and international markets for FY 2026-27. The company can raise up to Rs 1.1 […]
The Kerala cabinet has approved the Kerala Water Authority’s (KWA) proposal to avail a loan worth Rs 40 billion from the National Bank for Agriculture and Rural Development (NABARD) for the completion of water supply […]
India Infrastructure Finance Company Limited (IIFCL) plans to mobilise up to $1 billion through the MIGA guarantee fund to support infrastructure development across the country. IIFCL is in the process of seeking approval for mobilising […]
Polaris Smart Metering has secured Rs 7.1 billion in financing from British International Investment (BII) for its subsidiary, Hooghly Smart Metering Private Limited, to support the deployment of over 2.2 million smart meters in West […]
HD Renewable Energy has secured approximately JPY 5.4 billion in project financing for its Helios 50 MW grid-scale battery energy storage system (BESS) project located in Hokkaido, Japan. The financing was raised through a green […]
The Delhi government has allocated Rs 90 billion to the water and sanitation sector for FY 2026-27. Of the total sum, Rs 15 billion will be utilised for constructing sewage treatment plants with a combined […]
Under the Sagarmala programme, the Ministry of Ports, Shipping and Waterways (MoPSW) has sanctioned 129 projects worth Rs 90.54 billion with a funding of Rs 33.46 billion. Of these, 78 projects worth Rs 23.57 billion […]
Funds have been released to five states under the Jal Jeevan Mission (JJM) 2.0 following the fulfilment of mandatory compliance requirements. The states include Uttar Pradesh, Maharashtra, Chhattisgarh, Odisha and Madhya Pradesh. A total of […]
The Cabinet Committee on Economic Affairs (CCEA) has approved Rs 69.69 billion for upgrading National Highway (NH) 927 into a four-lane greenfield highway in Uttar Pradesh. Spanning 169.64 km, the project connects Bareilly to the […]
The union cabinet has approved the Small Hydro Power Development Scheme for FY 2026-27 to FY 2030-31, with an outlay of over Rs 25.84 billion. The scheme aims to install around 1,500 MW of small-hydro […]
Embassy Office Parks REIT has announced distribution of Rs 6.16 billion to unitholders for the March quarter, taking the total figures to Rs 23.96 billion. In a regulatory filing, the company said it plans to […]
Dalmia Cement (Bharat) Limited, a wholly owned subsidiary of Dalmia Bharat Limited, has entered into a share subscription and shareholders’ agreement along with a power consumption agreement to acquire a stake in Oyster Green Hybrid […]
Power Grid Corporation of India Limited’s (POWERGRID) board of directors has approved raising funds through an unsecured rupee term loan or line of credit bank facility of up to Rs 40 billion from State Bank […]
NDR InvIT, India’s first perpetual warehousing and industrial parks infrastructure investment trust (InvIT) listed on the National Stock Exchange, has announced a preferential issue aggregating up to Rs 7.26 billion. The proceeds from the issue […]
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