Infrastructure Leasing and Financial Services Ltd (IL&FS) have received approval from the supervisor of the operation appointed by India’s National Company Law Appellate Tribunal (NCLAT) on the proposed sale of Wind Energy subsidiaries, held under IL&FS Wind Energy Limited (IWEL), to ORIX Corporation of Japan. With this transaction, Orix Corp will take full control of the 874 MW wind portfolio in India that is currently co-owned and controlled by India’s debt-ridden Infrastructure Leasing and Financial Services' (IL&FS).
Brookfield Asset Management Inc is offering a minority stakes acquisition in the debt-laden Suzlon Energy Ltd. Brookfield has commissioned its financial adviser to work for the due diligence on...
Read moreEssel Infraprojects Ltd, a unit of Essel Group, has entered into an agreement with Adani Group for the sale of a 310 MW solar photovoltaic portfolio for a consideration of up to INR20 billion (US...
Read moreRoyal Dutch Shell and Norwegian utility Statkraft are bidding to buy Indian renewables operator Continuum Wind Energy Ltd. The two are among a clutch of interested parties to submit non-binding bids f...
Read moreTata Power Renewable Energy Ltd (TPREL) has been awarded the development a 100 MW solar power project in Raghanesda Solar Park of Gujarat in India. The power generated from the project will be...
Read moreNLC India Ltd. has announced in a regulatory filing that it has commissioned a 100 MW solar photovoltaic power plant in the state of Tamil Nadu. The project has been awarded to NLC India by Tamil Nad...
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