Sterling & Wilson Solar files for Rs 4,500 crore-IPO with SEBI

The company’s revenue from operations in the first nine months of 2018-19 went up by  83 % to Rs 5,915 crore while net profit jumped 98 % to 343 crore during the period. Shapoorji Pallonji Group’s renewable energy arm Sterling and Wilson Solar today filed Draft Red Herring Prospectus (DRHP) with market regulator Securities and […]

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SEBI Permits ‘ReNew Power’ to Float IPO

The ReNew Power IPO comprises of new shares worth Rs 2,600 crore. The move also comes with an additional offer for sale of over 94 million equity shares by existing shareholders. In a substantial addition to solar industry, market watchdog SEBI sanctions Goldman Sachs’ ReNew Power to float its Initial Public Offering (IPO). The ReNew […]

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Frost & Sullivan and TERI Deliberate Global Sustainability Requirements and Inclusive Development across Industries at the India Sustainability Leadership Summit 2018

The Summit was followed by the “Sustainability 4.0 Awards”, which recognized 18 winners showcasing transformational growth focusing on environment, sustainability and safety excellence Frost & Sullivan and The Energy and Resources Institute (TERI) co-hosted the “India Sustainability Leadership Summit 2018” and the 9th edition of “Sustainability 4.0 Awards 2018” on June 01, 2018 in Mumbai. […]

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ReNew Power to Acquire Five Renewable Energy Firms for Rs 6,000 cr

The transaction is expected to be completed by September this year. Gurgaon based ReNew Power is mulling to buy five renewable energy companies in the solar and wind energy space, with combined capacity of nearly 680 MW for about Rs 6,000 crore. Moreover, the transaction is expected to be completed by September this year. Also, […]

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Market Regulator SEBI Finalizes Norms for Issuance and Listing of Green Bonds

SEBI had proposed a new framework for issuance and listing of green bonds more than a year ago, and this will help in raising funds from capital markets for investment in the renewable energy space. Regulator SEBI has finalized norms for issuance and listing of green bonds, which will help in raising funds from capital […]

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SEBI To Finalise Norms For Green Bonds Post MNRE Comments

Issuance and listing of green bonds will be governed by the SEBI regulations for debt securities but the issuer of green bonds will have to make incremental disclosures SEBI is reportedly gearing up to finalize its guidelines for listing of Green Bonds soon, which would facilitate raising of funds for investment in renewable energy space, […]

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