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POWERICA RENEWABLE ENERGY
Powerica shares list at 7% discount to IPO price on BSE, NSEPowerica's shares debuted on Thursday with a 7% discount to its IPO price, opening at Rs 366 on NSE and Rs 375 on BSE. The Rs 1,100 crore I...
Should long term investors bet on Powerica IPO?Generator set maker Powerica plans a ₹1,100 crore IPO to repay debt and expand its wind power business. Despite revenue growth, declining m...
India offers $500 billion investment opportunity in clean energy: Commerce secretaryIndia's commerce secretary Sunil Barthwal announced at the Indo-Pacific Economic Framework for Prosperity (IPEF) Clean Economy Investor For...
India offers above $500 bln investment opportunity in clean energy value chainIndia offers a $500 billion investment opportunity in clean energy by 2030 at the IPEF Clean Economy Investor Forum in Singapore, resulting...
India offers USD 500 billion investment opportunities in clean energy, other sectors by 2030New Delhi India offers huge investment opportunities worth over USD 500 billion, particularly in clean energy value chain including renewab...
GE Renewable bags 102.6 MW wind turbine project from PowericaThe wind farms will generate clean electricity that will be sold through a long-term Power Purchase Agreement of 25 years. Power will be di...
IPO market comes alive! Experts say good pricing key to successAn upbeat secondary market was supported by robust responses to recent IPOs.
Two of nine Gujarat wind auction winners agree to cut tariffsEnerfra was the lowest bidder in the auctions. The second-lowest winners Powerica Ltd. and Vena Energy agreed to match the lowest bid.
Gujarat tells wind auction winners to match lowest tariffGujarat has quickly lost its status as a favourite destination of wind energy developers although wind speeds are high in the state.
Gujarat wind auction winning tariff remains unchanged at Rs 2.80 per unit“This bid reflects the positive health of utilities in the state of Gujarat and excellent support from partners,” said UB Reddy, managing d...
SoftBank grabs a chunk in India's wind power pieSoftBank's entry into the wind sector comes at a time when constraints around land availability and transmission infra are pressing.
SoftBankled energy leads enthusiastic bidding in wind power auctionThe positive response to the tender has come largely on account of the government actively trying to address land and transmission issues.
Wind tariff drops to new low of Rs 2.43/unit"In an auction for 500 MW wind power capacities, the lowest tariff was quoted at Rs 2.43 per unit by Sprng Energy and K P Energy," GUVNL MD...
6 companies win tender to supply 500MW wind powerSix companies on Thursday won bids to supply 500MW of wind power to Gujarat Urja Vikas Nigam Limited (GUVNL) through competitive bidding.
Wind power tariffs in Gujarat auctions fall to Rs 2.43/unitSprng Energy Private Limited and KP Energy Limited bid the lowest at Rs 2.43 per kWh, for 197.50 MW and 30 MW capacities, respectively.