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RPSG, Inox, Hexa bid for Enel's renewable energy projects in IndiaThe three firms submitted their bids last week in the ₹3,000 crore enterprise value range for Enel's India business comprising renewable en...
INOXGFL leads race for Vena's India biz buyout; Proposed deal may give Rs 4,500-5,000 crore enterprise valueINOXGFL Group is poised to acquire Vena Energy's Indian renewable energy business. The deal is valued between ₹4,500-5,000 crore. This move...
Global investors Temasek, Alpha Wave Global eye $1.3 bn investment in Adani AirportsAdani Airports: In all, four investors are expected to join the consortium seeking a stake in India's largest private airport operator, bet...
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...
NIIF in talks with Temasek, leads race for $1.7 bn Sprng Energy buyActis, AV Birla Group & KKR are other contenders in fray, binding bids in coming days.
Singaporean energy firm Sembcorp plans IPO of Indian unit, sources sayTalks are at an early stage and no decision has been made on the size of the offering. The move marks Sembcorp's second attempt to list its...
Sembcorp Energy commissions wind project, to give clean power to 6 lakh homesThe company becomes the first independent power producer to fully commission the first three wind auctions held by the Solar Energy Corpora...
Suzlon Group bags 50 MW wind project from SembcorpSuzlon will supply the wind turbines (equipment supply) and execute the project including, erection and commissioning. It will also provide...
Sembcorp to acquire Vector Green for Rs 2,780 cr"Sembcorp Industries (Sembcorp) announces that its wholly-owned subsidiary, Sembcorp Green Infra Limited, has signed an agreement with Indi...
Sembcorp to supply 33 MW renewable power to Saint-Gobain for 25 yearsThe power to Saint-Gobain’s manufacturing facilities will be supplied through a special purpose vehicle (SPV). GIWEL will hold a 74% stake ...
Sembcorp India posts Rs 153.3 crore profit in Sept qtrThe company follows January to December as the financial accounting year.
Sembcorp acquires IDFC PE’s remaining stake in Indian green energy arm for Rs 1410 croreSembcorp had first acquired a 60% stake in IDFC PE-owned Green Infra in February 2015. It gradually increased its stake in the company in t...
Sembcorp wins 250 MW india wind power projectSembcorp Green Infra received a letter of award for the project following the country’s first national wind power tender, conducted by Sola...
IFC provides $165 million financing package to help meet Bangladesh’s energy needsThe financing will be through a combination of a $103-mn loan from IFC’s own account and an additional $62 mn mobilized through partners.
India great platform for power demand: Sembcorp IndustriesWhile the first of two plants in the complex is now operational, the second should be up and running by the end of the year, after overcomi...
India great platform for power demand: SembcorpSembcorp Industries big push in India is 2,640-megawatt Sembcorp Gayatri Power Complex in Andhra Pradesh, which opened earlier this year.
Sembcrop looks to buy two power projects in next 18 monthsSingapore-based power company Sembcorp today said it is looking to acquire two power projects, one brownfield and another greenfield.
Global biggies like Sembcorp, Fortum in race for Welspun Group assetsThe $3-billion Welspun Group is in advanced stages of discussions to divest select assets of its solar and wind energy portfolio in a mega ...
Sembcorp appoints Vipul Tuli as CEO and country head for IndiaSingapore-based Sembcorp Industries today said it has set up India headquarters in New Delhi and appointed Vipul Tuli as the Chief Executiv...
PM's big FDI push: Singapore's Sembcorp to buy stake in IDFC PE's Green Infra for $200 mnThis will also be the first such foreign investment in the renewable energy sector, which is a key area of importance for the Narendra Modi...