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SECI CONTRACT TERMINATION
Aditya Birla group, KKR left in race for Sprng EnergyAditya Birla Group and KKR are vying to buy Shell's renewable energy firm Sprng Energy. Binding financial bids are in, and Shell will negot...- Reliance Power CFO held; ED alleges role in forged bank guarantees linked to SECI tenderEnforcement Directorate arrested Reliance Power CFO Ashok Kumar Pal, labeling him a 'principal architect' of a money laundering scheme invo...
- Adani AGM 2025: Gautam Adani flags Middle East war casts a shadow on logistics & energy, speaks on US fraud chargesAt Adani Enterprises' AGM, Gautam Adani highlighted global instability, noting ongoing Middle East conflicts, declining economic confidence...
- Trump’s plan to dismantle the Department of Education raises uncertainty over student loan managementAs President Donald Trump pushes forward with plans to dismantle the Department of Education, questions remain about the future of its fina...
- Andhra CM Chandrababu Naidu's tough choice: ₹2,100 cr penalty or ₹1.61L cr power bill on Adani's 7,000 MW solar project amid bribery allegationsThe Andhra Pradesh government, led by N Chandrababu Naidu, is considering terminating or renegotiating a 7,000 MW solar power agreement wit...
- Adani CFO says bribery allegations linked to single business contractAdani Group's CFO, Jugeshinder Robbie Singh, defended the conglomerate against US bribery allegations, stating that they involve a single c...
- Azure probe found irregularities, shared details with justice departmentAzure Power's internal probe, prompted by whistleblowers, uncovered employee misconduct and potential improper payments related to a solar ...
- Executives of Azure Power, CDPQ violated FCP Act: US DoJThe US Department of Justice has indicted executives from Azure Power and its shareholder CDPQ, alleging their involvement in a bribery sch...
- 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
- Renew Power, Mytrah Energy, Torrent Power seek termination of wind power PPAsThe companies went to the Central Electricity Regulatory Commission to ensure that SECI does not invoke the bank guarantees they had issued...
- ACME says can’t supply cheapest solar powerAcme has now approached the Central Electricity Regulatory Commission, seeking to invoke the force majeure clause to prevent SECI and Power...
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