Vodafone Idea Acquires 26% Equity Stake in MTK Quantum Green Energy
Vodafone Idea (Vi) completed the acquisition of a 26% equity stake in MTK Quantum Green Energy Pvt. Ltd. on June 30, 2026, for a…
Finance and M&A
Bondada Engineering Limited Secures Financial Closure for TNGECL BESS Project with Canara Bank Term Loan
The Core Announcement Bondada Engineering Limited (BEL) has reached financial closure for its flagship TNGECL project, securing its inaugural large-scale institutional term loan from…
Himachal Pradesh Signs Agreements for 19 Hydropower Projects Totaling 278 MW and ₹3,336 Crore
The Himachal Pradesh government formalized implementation agreements for 19 hydropower projects in Shimla on June 22, 2026. This initiative represents a total generation capacity…
SWELECT SolarKraft Acquires 49% Stake in Gridnex Solar Power for ₹4.31 Crore to Support 80 MW Project
SWELECT SolarKraft Private Limited, a wholly-owned subsidiary of SWELECT Energy Systems Limited, has entered into an agreement to acquire a 49% equity stake in…
Torrent Power Allots ₹3,800 Crore in Series 15 Non-Convertible Debentures
Torrent Power Limited has finalized the allotment of 3,80,000 Secured, Rated, Listed, Taxable, Non-Cumulative, Redeemable, Non-Convertible Debentures (NCDs) designated as Series 15. The issuance,…
Roofsol Energy Secures ₹260 Crore from Aseem Infrastructure Finance to Expand C&I Solar Portfolio
Roofsol Energy has secured ₹260 crore (₹2.6 billion) in funding from Aseem Infrastructure Finance to accelerate the expansion of its Commercial and Industrial (C&I)…
NTPC Renewable Energy Limited Issues RFP for ₹60 Billion Rupee Term Loan
NTPC Renewable Energy Limited (NREL) has invited bids from financial institutions to raise a Rupee Term Loan amounting to ₹60 billion (₹6,000 crore). NREL,…
Hitachi Energy India Announces ₹2,000 Crore Investment for New Power Transformer Factory in Gujarat
Executive Summary Hitachi Energy India has announced a significant expansion of its manufacturing footprint with an investment of approximately ₹2,000 crore to establish a…
Solar Energy Corp Invites Bank Bids for ₹800 Crore in Non-Fund-Based Credit
Solar Energy Corporation of India Limited (SECI) has issued an invitation to Scheduled Commercial Banks to provide quotations for non-fund-based credit facilities totaling up…
ACME Solar Completes Landmark ₹2,800 Crore QIP; India’s Largest RE Raise of 2026
ACME Solar Holdings Limited has successfully concluded a Qualified Institutional Placement (QIP), raising approximately ₹2,800 crore in a transaction that marks the largest equity…