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Adani Green Energy to acquire SB Energy s 5GW renewable portfolio for $3 5 bn; share price up
freepressjournal.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from freepressjournal.in Daily Mail and Mail on Sunday newspapers.
Adani Green Energy to buy SB Energy s 5GW solar and wind portfolio
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Adani Green Energy to acquire SB Energy s 5 GW India renewable power portfolio for a fully completed EV of USD 3 5 billion
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More power to InVTs
The government’s focus on clean energy will drive big investments
With the focus on infrastructure financing and criticality of infrastructure from the country’s economic growth perspective, Infrastructure Investment Trust (InVT) regulations were introduced by market regulator SEBI in September 2014.
InVT is mainly a collective investment vehicle to enable developers of infrastructure to monetise their assets by pooling them under a single entity (trust). Subsequent amendments to InVT regulations by SEBI have also remained favourable most notably being the increase in leverage cap from 49 per cent to 70 per cent subject to certain conditions for publicly listed InVTs as well as no restriction on leverage for private unlisted InVT.
JSW Energy arm inks PPA for supply of 540 MW wind energy
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Last Updated: May 03, 2021, 06:21 PM IST
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Synopsis
JSW Renew Energy Ltd a wholly-owned subsidiary of JSW Future Energy Ltd has signed a Power Purchase Agreement (PPA) with Solar Energy Corporation of India Ltd (SECI) for the contracted capacity of 540 MW out of the total awarded capacity of 810 MW, as per a BSE filing said.
Reuters
This is the single largest PPA for wind/ blended wind category in the industry.
JSW Energy on Monday said its arm JSW Renew Energy has inked a power purchase agreement for supply of 540 MW from a total blended wind capacity of 810 MW, which was bagged through a competitive bidding process.