Reliance Industries agrees to acquire 88% stakes in Kanoda Energy Systems Pvt. Ltd
Reliance Industries, a conglomerate led by Mukesh Ambani, has agreed to purchase 88% stakes in renewable energy services firm Kanoda Energy Systems Pvt. Ltd for INR750 million (US$10.46 million).
Kanoda Energy Systems offers services in solar advisory, product design and technology validation, and recently, it forayed into engineering, procurement and construction (EPC) and operation and maintenance (O&M) of solar photovoltaic systems.
Country updates
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February 05, 2019
EDF Renewables, SITAC Group sign PPA deal with SECI for its 300 MW wind project in India
EDF Renewables in India and its partner for wind energy in India, the SITAC Group have announced the signing of a long-term power purchase agreement covering the output of 300 MW of wind project...
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February 04, 2019
Resurgent Power agrees to acquire majority stakes in Prayagraj Power Generation project
Resurgent Power Ventures Pte Ltd has signed an agreement with State Bank of India-led consortium of lenders to acquire 75.01% stake in Jaiprakash Associates Ltd’s 1980 MW)Prayagraj Pow...
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February 02, 2019
Shapoorji Pallonji won SECI's 50 MW floating solar PV project tender
Shapoorji Pallonji has won the tender launched by Solar Energy Corporation of India (SECI) for a 50 MW floating solar photovoltaic project located in Uttar Pradesh, India. The company has b...
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January 29, 2019
GE Renewable Energy to supply turbines for 300 MW Gadhsisa wind project in Gujarat
GE Renewable Energy has been selected by ReNew Power to provide 120 GE 2.5-132 turbines for its 300 MW Gadhsisa wind farm located in Gujarat, India. The 2.5-132 turbines have been des...
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January 28, 2019
Adani completes purchase of 51% stakes in 20 MW Kodangal solar project form FS India Devco
Adani Green Energy, a unit of Adani Group, has completed the acquisition of 107,100 shares or 51% interest in Kodangal Solar Parks Pvt Ltd (KSPPL), the owner of the 20 MW Kodangal...
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