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...
Avaada Energy wins 560 MW solar projectThe project was awarded through competitive bidding, followed by an e-Reverse auction in which Avaada emerged as the winner with a quoted t...
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 ...
Brookfield looks to put $1 billion in AvaadaThe group was founded by entrepreneur Vineet Mittal in 2017. Avaada Group has built a portfolio of over 4 GW of renewable (solar and wind) ...
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...
Avaada Energy raises Rs 1,440 cr through green bondsSolar project developer Avaada Energy is raising green bonds for Rs 1440 crore in the Indian capital market at 6.75% making it India’s larg...
Taiwan's Foxconn shows off three electric vehicle prototypesThe vehicles - an SUV, a sedan and a bus - were made by Foxtron, a joint venture between Foxconn and Taiwanese car maker Yulon Motor Co Ltd.
Top green energy banker sees $150 billion in India deals by 2030Bank of America is moving its top renewable energy investment banker in India to New York, as it tries to grab a bigger share of what he es...
Renew Power eyes merger with clean energy SPACs for US listingThe Goldman Sachs Group-backed company has already held preliminary discussions with some blank cheque financiers, also known as special pu...
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...
GAIL Chairman Bhuwan Chandra, HPCL head Nishi Vasudeva in race for CEO of the Year AwardTripathi and Vasudeva are vying with CEOs of Chinese energy giants for the award which will be presented on December 11 in New York.
- 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...
- Gail among 12 firms shortlisted for Nigeria gas investment
Twelve foreign companies, including one from India, have been shortlisted as prospective investors in Nigeria's vast gas sector.
- 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...
- Zee, Motorola in mobile radio technology deal
Media giant, Zee Group has decided to join hands with Motorola for launching public mobile radio trunking services in Bangalore.