KKR-backed Serentica to buy Statkraft's solar power business for Rs 1,942-2,207 crSerentica Renewables, backed by KKR, has acquired Statkraft's solar power business in India. The deal is valued between $220-250 million. S...
LNJ Bhilwara buys out Statkraft’s 49% stake in hydro power JVLNJ Bhilwara Group, through HEG, is acquiring Statkraft's 49% stake in Malana Power Company, gaining full ownership of the 300 MW hydro pow...
JSW Neo Energy, Blackstone, other cos line up for Statkraft wind-downJSW Neo Energy, Blackstone, and KKR-backed Serentica Renewables have submitted binding financial bids for Statkraft's wind and solar energy...
Blackstone enters race for Statkraft’s India exitBlackstone has made a $1.5 billion offer for Statkraft India. This marks Blackstone's first renewable energy acquisition evaluation in Indi...
Serentica, BlackRock, Sembcorp lead the race to buy Statkraft IndiaSerentica Renewables, BlackRock, and Sembcorp are leading the acquisition race for Statkraft's Indian arm, submitting bids between $1.2-$1....
Power titans in fray for Statkraft's India unitFifteen companies, including Tata Power, Adani Green, and KKR-backed Serentica Renewables, are competing to acquire Statkraft's India unit,...
Norway's Statkraft looks to sell India assets for $2 billionNorwegian utility Statkraft hired EY to facilitate the $2 billion sale of its Indian hydro and solar power assets. The company plans to pri...
Statkraft India head Rahul Varshney quitsRahul Varshney has left Europe's largest renewable power generator Statkraft after 15 years of leadership in India. Statkraft, owned by Nor...
Statkraft group firms move Himachal Pradesh high court against water usage cessUnits of Norway-owned Statkraft have moved Himachal Pradesh’s high court challenging a decision by the state government to impose a water u...
Statkraft, first MNC to buy bankrupt Indian power firmOslo-headquartered Statkraft was pitted against Biocon-backed Ampyr Energy, ReNew Power, an arm of state-owned NTPC and European renewable ...
Statkraft's resolution for Lanco Mandakini gets NCLT nodLenders including Punjab National Bank, Canara Bank, Bank of Baroda and Axis Bank will recover ₹180 crore against the secured financial cre...
Norway's Statkraft submits debt resolution plan for Lanco unit"Given hydropower's importance to India's grid, we are keen on developing stressed hydropower projects in India, including the Mandakini pr...
Green hydrogen to account for 20% of European power demand by 2050: StatkraftGreen hydrogen is produced by splitting water molecules with a current of renewable electricity in electrolysers. The gas is touted as a cl...
Lenders reject Statkraft’s offer for Lanco's hydel power unitThe company is said to have offered less than ₹130 crore for the hydel power unit of Lanco, which owes about ₹1,300 crore to a group of len...
Norway’s Statkraft, Bharat Light and Power JV commissions 5 mw solar power projectThe company has a strong pipeline of projects in multiple states in India and several clients are in conversation to procure solar solution...
Bharat Light & Power and Norway’s Statkraft float JV to provide solar energy solutionsBharat Light & Power has formed a JV with state-owned Norwegian power company Statkraft to provide distributed solar energy solutions in In...
- Norway to built world's first osmotic power plant
Norway plans to build the world's first osmotic power plant, a renewable energy source that makes use of the pressure built up between sea ...