Canadian renewable energy company SkyPower Global, which plans to exit India after a troubled run in the country, is in talks with three Indian companies to sell its renewable assets. Hero Future Energies, ReNew Power and Greenko Energy Holdings have been in talks with Toronto-based SkyPower and a deal forContinue Reading
Mytrah Energy (India) Ltd., the Hyderabad-based renewal energy firm, is setting up 400 MW of decentralised solar energy across Telangana in 16 different places with the total investment of ₹ 3,000 crore. About 200 MW of solar power plants have already been set up and by January, the entire projectContinue Reading
Hyderabad-based renewable energy producer Mytrah Energy India Pvt. gets an investment of Rs 1,900 crore ($300 million) from Piramal Capital’s Structured Finance Group and Dutch partner APG Asset Management (APG). Mytrah will get the proceeds through mezzanine debt instruments which will mostly be used to buy out existing investors such asContinue Reading
Cygni Energy, an IIT Madras-incubated firm is set to power 300 households in Telangana using solar energy. The solar power system is being distributed by Southern Power Distribution Company of Telangana Limited (TSSPDCL) and Rural Electrification Corporation. The solar system was installed in all the houses by June this yearContinue Reading
