Thailand’s state utility PTT’s arm invests $233 million in Avaada EnergyAs part of this round, Mittal’s holding company Avaada Ventures Pvt Ltd on 27 April announced that it has raised $1 billion from Canadian i...
Brookfield investing $1 billion in AvaadaCanadian investor Brookfield has agreed to invest $1bn in Avaada Ventures to support green ammonia plans and scale up renewable energy, in ...
Thailand's PTT eyes ReNew Power's solar assets, againEnterprise valuation of portfolio could touch $1.75 bn. Due diligence ongoing. State-owned PTT, Thailand's largest conglomerate is already ...
Thailand approves $1 billion Foxconn-PTT EV battery joint venture"The joint venture project will support investment in the EV industry and build up on the policy to become Southeast Asia's EV manufacturin...
Azure Power, 3 others looking to bid for Actis-owned Sprng EnergyThe company has plans to develop a portfolio of 9 GW of renewable energy, which predominantly comprises solar power generation, according t...
ReNew revives IPO plans, eyes overseas listing in London, NYSECo hopes to finalise $550-600 mn investment by PTT for a approx. 20% stake in coming weeks as a pre-IPO deal
Thai energy giant PTT in talks with Goldman for stake in ReNew, could invest $500 millionGoldman Sachs, the largest shareholder of ReNew with a 48% stake, has been looking to lower its holding and unlock value for some time afte...
Thailand's PTT plans to invest nearly $10 billion during 2015-2019State-controlled PTT aims to invest 85.5 billion baht in 2015 and 38.1 billion baht in 2016, mainly in natural gas business.
Punj Lloyd takes legal step against PTT on cancelling contractPunj Lloyd today said it has initiated legal action to protect its interest after Thailand's PTT Public Company has terminated a pipeline c...
Videocon expects increased valuation of Mozambique blockVideocon hopes to increase the valuation of its 10% stake in a gas-rich block on expectations that region may hold bigger reserves of gas.
- Penalty to be imposed on Hutchison Essar for PTT services
The Government today said it is in the process of deciding the quantum of penalty to be imposed on Hutchison-Essar (now Vodafone-Essar).
- Punj Lloyd bags domestic, overseas contracts worth Rs 1,461 cr
Punj Lloyd today said it has secured a Rs 1,292 crore work order from Thailand's state-run PTT Public Company for construction of a gas pip...
- Procall launches first digital PTT service in India
Procall on Thursday announced the launch of its next generation digital wireless (radio) solution featuring Motorola's Integrated Digital E...
- Samsung clinches Thai plant deal
South Korea's top plant builder Samsung Engineering said Sunday it had clinched a $1.1-billion deal to build two gas processing factories f...
- DoT issues notices to Hutch, Aircel
DoT asked them to explain why penalty should not be imposed for violating the licence conditions.
- Sale of GenX technology will need govt okay
Global majors who want to sell commercial next generation technologies to Indian service providers will soon have to apprise the government...
- Sale of GenX tech will need govt nod
It will enable the government to ask technology developers to work along with the telecom regulator.