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Lenskart block deal; Meesho's kirana pushLenskart has drawn fresh interest from major institutional investors. This and more in today's ETtech Top 5.- Five ways Elon Musk's SpaceX upended Wall Street's IPO playbookSpaceX is launching its IPO with a record $75 billion listing, breaking Wall Street traditions. The company is setting a fixed share price,...
- SpaceX plans to set IPO price at $135 per share, targeting $75 billion raise: ReportSpaceX is set to price its IPO at $135 per share, aiming to raise $75 billion and achieve a $1.75 trillion valuation. The company is breaki...
- ACME Solar signs power purchase pact with SECIACME Solar has secured a power purchase agreement with Solar Energy Corporation of India. This deal is for a 300 MW/1,200 MWh project spann...
- India does not plan to revive offshore mining auction in near term, sources sayIndia has shelved plans for deep-sea mining auctions, citing a lack of technological readiness and anticipated low bidder interest. The ini...
- ACME Greentech Seventh inks 2 PPAs to supply 450 MW under FDRE projectACME Solar Holdings announced its arm ACME Greentech Seventh Pvt Ltd has signed two power purchase agreements with SJVN Ltd. These agreemen...
- NTPC Commissions solar projects of 360 MW in Gujarat, Rajasthan; total capacity hits 85 GWState-owned NTPC has commissioned new solar projects totaling 359.58 MW in Gujarat and Rajasthan. This development increases the company's ...
- Two-year extension for commissioning projects under solar PLI schemeThe government has allowed up to a two-year extension for commissioning solar equipment projects under the PLI scheme, addressing industry ...
- Shakti Pumps India shares zoom 13% in 2 sessions: What’s fuelling the rally?Shakti Pumps’ shares surged after farmers in Maharashtra fully booked the second tranche of solar pumps under the state’s subsidy scheme. W...
- Acme Solar Holdings plans Rs 3,000 cr fundraise in multiple tranchesAcme Solar Holdings board cleared a proposal to raise Rs 3,000 crore in multiple tranches. The fund raising will be through equity shares o...
- YSRCP government rejected AP power officials concerns on high tariff, delaysThe Andhra Pradesh Power Coordination Committee (APPCC) raised concerns about the high tariff of ₹2.49 per unit and potential delays in a 7...
- ADB okays $240.5 million loan for rooftop solar systemsThe Asian Development Bank has approved $240.5 million in loans to support the expansion of rooftop solar systems in India. This financing ...
- JSW Energy unit to acquire Reliance Power's wind project for Rs 132 croreJSW Energy has a total locked-in generation capacity of 12.5 GW comprising 7.2 GW operational, 2.6 GW under construction across the wind, t...
- Reliance, Tata Power among cos to get Rs 14,000 crore solar module incentive under PLI scheme"Manufacturing capacity totalling 7400 MW is expected to become operational by October 2024, 16,800 MW capacity by April 2025 and the balan...
- India's first fractionally-owned solar power plant launched by PYSE in KarnatakaPYSE has strengthened its leadership position in the renewable energy space by launching India's first and largest fractionally-owned solar...
- Land, grid issues slow down commissioning of central wind projectsMany projects were expected to come up in Gujarat, which has some of the best sites in the country for producing wind power, but the state ...
- Only one-third SECI wind projects commissioned so farSECI, the nodal agency through which the new and renewable energy ministry (MNRE) conducts wind and solar auctions, has commissioned only 1...
- Government drops plan to install 12GW solar capacity through NTPCThe power company has already completed auction of 3GW capacity out which 2.75GW is installed and 0.25GW is under construction.
- NTPC aims to install 5,000 megawatt of solar power capacity in two yearsThe state-run company is clear that states will have to come on board for procuring solar energy for it to take off as per plan.
- IFC to give Rs 202 crore for 100-MW solar project in RajasthanOverall cost of the plant is about Rs 808 crore. IFC, which is a part of the World Bank Group, had earlier extended funding for ACME's sola...
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