News of Energy in Gujarat

RIL picks 13% stake in US (Delaware) based tech firm SkyTran

MUMBAI | RAJKOT – In a regulatory filing submitted to the exchanges in India on Wednesday, Reliance Industries Ltd said of its subsidiary company having picked 13% stake in US (Delaware) based personal transportation technology firm SkyTran Inc., paying USD($) 25 million. RIL’s investments aims to foster an exclusive partnership with SkyTran in India. Reliance

Adani hand-shakes with French Energy Major Total, to sell fuel & gas in India

PARIS | NEW DELHI | AHMEDABAD | MUMBAI | RAJKOT – Keeping in view the road infra growth story and the rising middle class consumer in India, French energy major Total S.A. inked pact with Indian conglomerate Adani Group to enter the energy market in India. Both companies aim to develop multi-energy offerings to the

Torrent Power wins bid for 115 MW Wind Power Project

AHMEDABAD | MUMBAI | RAJKOT – In an corporate update filed with the Indian Bourses on Wednesday, Torrent Power Ltd said of having won bid for 115 MW wind project, in e-reverse auction process conducted by Solar Energy Corporation of India (SECI) Ltd, on September 25, 2018. The company had bid tariff for proposed capacity

Suzlon Energy & CLP India, partner for two solar projects, in Maharashtra

PUNE | MUMBAI | RAJKOT – After wind the Tulsi Tanti led Suzlon Energy goes aggressive on investments in Solar Renewable Energy, in a regulatory filing along with press communications submitted to the Exchanges in India on Tuesday, Suzlon Energy Ltd said of having entered into partnership with CLP India for two solar projects in

Reliance Infra’s Credit Profile improves, CRISIL withdraws ‘D’ ratings for 710 cr NCDs

MUMBAI | RAJKOT – Anil Dhirubhai Ambani Group led Reliance Infrastructure Ltd’s credit profile is reported to have improving, as the rating agency CRISIL has withdrawn ‘D’ ratings assigned to the company’s 7.1 billion rupee Non-Convertible Debentures, the company press release submitted to the exchanges in India said. Crisil has withdrawn its ‘D’ ratings for

World’s first solar quality project certification goes to Suzlon!

PUNE | MUMBAI | RAJKOT – World’s first solar quality project certification for photovoltaic power plants has been announced and the Suzlon Energy Ltd’s Veltoor Solar Project in Telangana has been awarded this certification by DNV GL, one of the global quality assurance and risk management companies, the company today said in a press statement

Adani Green acquires stake in Singapore, US, Vietnamese renewable energy arms

AHMEDABAD | MUMBAI | RAJKOT – In a regulatory filing submitted to the exchanges in India on Tuesday – August 21, 2018 Adani Green Energy Ltd said of having acquired 100% equity of Adani Green Energy Pte Ltd., from Adani Global Pte Ltd, for cash consideration of each share priced at USD $1 per share.

Adani Power Shareholder give nod to raise upto 50 billion rupees

AHMEDABAD | MUMBAI | RAJKOT – In a regulatory filing submitted to the exchanges in India, Adani Power Ltd said of the Company Board having got nod to raise upto 50 billion (~5,000 crore) rupees as and when required from the shareholders. In the 22nd Annual General Meeting of the members of Adani Power Limited held

Adani Ports inks long term regasification pact with GAIL (India) Ltd. for Dhamra LNG terminal

AHMEDABAD | MUMBAI | RAJKOT – Adani Ports and Special Economic Zone (APSEZ) Ltd – India’s leading port infrastructure developer and part of the Adani Group, today said it had signed a long term agreement with GAIL (India) Ltd, the state run gas company, to provide Liquefied Natural Gas (LNG) regasification services on a use or pay basis, at

BREAKING NEWS | IN IMAGES & VIDEOS | Unprecedented rains water-log RELIANCE JAMNAGAR REFINERY

MOTI KHAVDI | KANALUS | JAMNAGAR | JAM-KHAMBHALIA | AHMEDABAD | RAJKOT – In a severely hit rains across Gujarat in last 48 hours, especially on the coastal belt of Gujarat State on West Coast of India, the Shower Gods did not even spare the JAMNAGAR Asset of Reliance Industries Ltd. DATELINE GUJARAT presents images

Adani Green Energy bags 2 new contracts for total generation of 300MWac Solar Power

AHMEDABAD | MUMBAI | RAJKOT – Adani Green Energy Ltd (AGEL), through its wholly owned subsidiary, Mahoba Solar (UP) Private Limited has won tenders for setting up 300 MWac solar generation projects, the company said in regulatory filing submitted to exchanges in India. In the tender floated by Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA), it

Hindustan Oil’s 2 wells at Cuvery Basin (East Coast) Project report increase in Gas Production

CHENNAI | VARODARA (BARODA) | MUMBAI | RAJKOT – Hindustan Oil Exploration Company (HOEC) Ltd today announced successful completion of two wells at PY-1 Block in Cuvery basin, where the gas production has reportedly increased from the current levels and this opens up further opportunities for vertical well operations, the company said in regulatory filing

Aban Offshore bags orders to deploy 3 jack-up rigs in UAE

CHENNAI | MUMBAI | RAJKOT – In a letter of award received by wholly owned step-down subsidiary of Aban Offshore Ltd, the company today informed the Exchanges in India of having bagged order for 3 jack-up rigs, in United Arab Emirates. The Company has not disclosed the name of the company hiring the jack-up rigs.

Aban Offshore’s Singapore Subsidiary bags Oil-Rig order from ONGC

CHENNAI | MUMBAI | RAJKOT – Aban Offshore today informed the stock exchanges in India submitting a filing mentioning Step-down subsidiary company of the company – Aban Singapore Pte Ltd has received letter of award from Oil and Natural Gas Corporation (ONGC) Ltd for deployment of jack-up rig Deep Driller 8 for a firm period

Regulators nod 188-billion-rupee ADANI | AMBANI deal for Mumbai Asset, deal to close in July 2018

MUMBAI | AHMEDABAD | RAJKOT –  Maharashtra Electricity Regulatory Commission (MERC) has given its approval to the proposed 100% stake sale of Anil Dhirubhai Ambani Group (ADAG) owned Reliance Infrastructure Ltd.’s integrated Mumbai power business to Adani Transmission Ltd. Following the commission’s nod, the transaction is expected to be closed in July 2018, Reliance Power

Adani finally acquires Ghatampur Transmission for undisclosed amount

AHMEDABAD | MUMBAI | RAJKOT – In continuation of our Letter of Interest received by Adani Transmission Ltd for being awarded first intrastate transmission project in Uttar Pradesh, the company has further acquired 100% Equity Share Capital of Ghatampur Transmission Limited (GTL) for undisclosed amount from REC Transmission Projects Company Ltd (RECTPCL) on June 19,