News of Renewable Energy in Gujarat

GSFC commissions 10MW Solar project @ Gujarat Solar Park

VADODARA (BARODA) | MUMBAI | AHMEDABAD-GANDHINAGAR | RAJKOT – In a regulatory update statement submitted to the Indian Exchanges, Vadodara (Baroda) Gujarat headquartered fertilizer major Gujarat State Fertilizers & Chemicals (GSFC) Ltd said, of having commissioned 10MW Solar Power Project at Gujarat Solar Park (Charanka) on 25.04.2019 – Thursday. This green energy initiative is in

PTC India Financial joins Indo-US initiative to mobilize debt financing, for solar projects

NEW DELHI | MUMBAI | AHMEDABAD-GANDHINAGAR | RAJKOT – PFS joins the US-India Clean Energy Finance initiative to mobilize debt financing for distributed solar energy in India. PTC India Financial services (PFS), India’s leading infrastructure finance company, joined hands with the US-India Clean Energy Finance (USICEF) initiative on Thursday, April 4, 2019. USICEF is managed

Adani Power gets Letter of Intent from NCLT Ahmedabad, for porposed acquisition plan of Chhattisgarh based Korba West Power Co

AHMEDABAD | MUMBAI | RAJKOT – In a regulatory update statement, Ahmedabad headquartered diversified business activities group company – Adani Power Ltd said of the Company been awarded the Letter of Intent (“LOI”) for M/s. Korba West Power Company Limited (“KWPCL”). The Committee of Creditors of KWPCL, a company undergoing insolvency resolution process under the Insolvency

Vaidhyanathan Raghuraman steps down as Director from Suzlon Energy’s Board

PUNE | AHMEDABAD | MUMBAI | RAJKOT – In a regulatory filing submitted to the Indian Bourses, Indian wind energy major Suzlon Energy Ltd said of Mr. Vaidhyanathan Raghuraman, Independent Director of the Company has voluntarily resigned from the directorship of the Company in terms of Regulation 17(1A) of the Listing Regulations with effect from 31st 

Adani Gas bags 13 City Gas Distribution projects, will expand Pan-India

AHMEDABAD | MUMBAI | RAJKOT – In a press release submitted to the Exchanges in India on Wednesday, Adani Gas said of having bagged 13 City Gas Distribution projects will expand its presence pan-India. Adani Gas Ltd. (AGL), the city gas distribution arm of the Adani Group, has bagged authorization from the Petroleum and Natural

Suzlon Energy hives-off “LOSS-MAKING” solar assets(!) plugs it to Canadian Solar for 550 million (55 cr)

PUNE | MUMBAI | RAJKOT – Amidst the much ambitious Solar programme of India Government to give boost to renewable energy generation, a regulatory filing submitted to the Exchanges in India on Tuesday by Suzlon Energy Ltd surprised investors and equity fraternity.  The filing said of the company have hived-off its Solar assets, declaring sale

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