News of Renewable Energy in Gujarat

Lincoln Pharma invests in renewable energy assets to save on energy cost

AHMEDABAD | MUMBAI | RAJKOT – In a regulatory update submitted to the Indian Bourses on Monday, Ahmedabad headquartered Lincoln Pharmaceuticals Ltd said of having invested in renewable energy assets to save on energy cost and improve financials, as well having applied for permission to set-up Active Pharmaceuticals Ingredients (API) manufacturing unit. The Company has

CRISIL upgrades credit ratings from Stable to Positive for Inox Wind

VADODARA (BARODA) | MUMBAI | RAJKOT – In a press releases submitted to the Indian Bourses on Wednesday, October 3, 2018, Inox Wind Ltd said of having credit ratings revised by CRISIL Limited from stable to positive. “(CRISIL) has upgraded its outlook for the Company to ‘Positive’ from ‘Stable’ earlier. Additionally, they have reaffirmed ratings

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

Adani Green Energy incorporates wholly owned subsidiary for Solar Energy Projects

AHMEDABAD | MUMBAI | RAJKOT – In a regulatory filing submitted to the Indian Bourses today, Adani Green Energy Ltd said of having incorporated Solar Energy projects company. The Company has incorporated a Wholly-owned Subsidiary Company “Adani Saur Urja (KA) Limited (ASUKAL)” on 11th September, 2018, the filing read. The subsidiary has been incorporated with

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Group led Reliance Infrastructure Ltd’s credit profile is reported to have improving, as the rating agency CRISIL has withdrawn ‘D’ ratings assigned to the company’s 7.1 billion rupee Non-Convertible Debentures, the company press release submitted to the exchanges in India said.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

FRESH PIX & VIDEOS | Fire at Ghadi Detergent’s Kuranga (DWARKA) plant controlled after 3hrs, no casualty, reason for fire yet unknown!

KARUNGA | DWARKA | RAJKOT – Major fire incident reported at Ghadi Detergent’s Kuranga plant located near Dwarka in Devbhoomi Dwarka Khambhalia District has been controlled, company officials told DATELINE GUJARAT. Local journalist from Surajkaradi Mithapur – Budhabha Bhati first reported the incident of fire at Ghadi Detergent’s plant to DATELINE GUJARAT. No casualties have

Adani Enterprises Director Berjis Desai quits

AHMEDABAD | MUMBAI | RAJKOT – Adani Enterprises Ltd today informed stock exchanges in India regarding one of their Directors having tendered his resignation. Berjis Desai has tendered his resignation as Director of the Company w.e.f. 25th June, 2018  due to his pre-occupation, the company filing said. Follow DATELINE GUJARAT On :- Facebook, Google+, Linkedin, Twitter, YouTube  SHARE THIS NEWS ON

Tata Power Renewables inks Power Purchase Agreement (PPA) with GE for 5MW solar projects in India

MUMBAI | RAJKOT –  Tata Power Ltd’s wholly-owned subsidiary Tata Power Renewable Energy Ltd entered into Power Purchase Agreement (PPA) with GE (General Electric) to provide solar rooftop solutions for six manufacturing and services sites in India, the company today said in a press release submitted to exchanges in India. Tata Power will install solar

Tata Power bags 150 MW Solar Power project in Maharashtra

MUMBAI | RAJKOT – Tata Power Company Ltd today informed the Indian Exchanges of having bagged 150 MW (megawatt) Solar Photo Voltaic (PV) Project in Maharashtra. Tata Power Company Ltd today announced that its 100% subsidiary Tata Power Renewable Energy Ltd. (TPREL) has won a 150 MW Solar PV project on the long term basis

Gujarat Fluro gives 1-bln-rupee bank guarantee for a stepdown subsidiary

VADODARA (BARODA) | MUMBAI | RAJKOT – Vadodara headquartered Gujarat Fluorochemicals Ltd has given unconditional irrevocable corporate guarantee to Yes Bank Ltd for the term-loan of 1 billion rupees (~ 100 crore Indian Rupees) sanctioned by the bank to Inox Wind Infrastructure Services Ltd, step down subsidiary of the company, Gujarat Fluoro regulatory filing to

Despite dent in topline, Relinace Power’s bottomline for Q4 (Jan-Mar) FY2016-17 zooms 251% YoY due to significant rise in other income, decline in finance cost and tax outgo

MUMBAI | AHMEDABAD | RAJKOT – Despite the consolidated net sales of Reliance Power Ltd for fourth quarter (Jan-Mar) of financial year 2016-17 (Apr-Mar) declined 0.1% year-on-year at 24.66 billion (2,466 crore) rupees from 24.69 billion (2,469 crore) rupees, the company’s net profit for the quarter under review bumped 251% on year at 2.16 billion

Suzlon Energy bags repeat order of 50.40 MW from a leading power utility

AHMEDABAD | MUMBAI | RAJKOT – Suzlon Energy Ltd bagged repeat order from a leading power utility of which the Suzlon Energy has not disclosed the name and the order comprises for installing 24 units of 2.1 megawatt (MW) each comprising of total parcel of 50.40 MW in Kutch district of Gujarat state, the said