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Gurugram-based ACME Solar files DRHP for ₹3,000 crore IPO
The IPO is a mix of fresh issue of equity shares up to ₹2,000 crore and an offer for sale (OFS) of up to ₹1,000 crore by ACME Cleantech Solutions.
The IPO is a mix of fresh issue of equity shares up to ₹2,000 crore and an offer for sale (OFS) of up to ₹1,000 crore by ACME Cleantech Solutions.
The Viability Gap Funding (VGF) scheme has a total outlay of ₹7,453 crore.
The RBI says India risks losing 4.5% of GDP by 2030 due to extreme-weather events. It is widely recognised that cost of climate inaction would be far greater than cost of climate action
While the strong growth in India's renewable energy capacity is likely to continue, coal will remain an important source of electricity generation in the next 8-10 years, says Moody's.
In FY 2023-24, MSIL invested ₹120.8 crore on renewable energy projects, such as solar power and biogas
India taps domestic mines for critical minerals to meet infrastructure needs, economic demand and a sustainable future.
"Many of the countries only talk about it (energy transition) but have not done any concrete steps," he said in an exclusive interaction with Fortune India.
The current endeavours focus entirely on decarbonising the atmosphere, by reducing CO2 rich emissions emanating from use of fossil fuels.
Net profit of IREDA jumped 33% to ₹337.38 crore in the fourth quarter compared with ₹253.62 crore in Q4 FY23.
In early March, L&T had won a ₹606 crore Engineering, Construction and Procurement (EPC) contract for the Solar Energy Corporation of India's 100 MW floating solar project.