power generation

India gets Rs 16.93 lakh cr investment in power, RE since 2014, Rs 17.05 lakh cr in pipeline

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India gets Rs 16.93 lakh cr investment in power, RE since 2014, Rs 17.05 lakh cr in pipeline

New Delhi: A whopping investment of Rs 17.05 lakh crore is in the pipeline in power and renewable energy sector, which has attracted around 16.93 lakh crore of investment since 2014, Union minister R K Singh said on Monday. As much as 80 GW of thermal power generation capacity is under construction which we will … Read more

Adani Power promoters sell 8.1% stake for $1 billion

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Adani Power promoters sell 8.1% stake for $1 billion

Mumbai: Two promoter entities of Adani Power Ltd sold shares worth more than ₹8,710 crore (over $1 billion) to US-based investment firm GQG Partners, its co-investors, and others on Wednesday in block deals. Worldwide Emerging Market Holding Ltd and Afro Asia Trade and Investments Ltd, the two promoter entities, together sold 312 million shares translating … Read more