Dilip Buildcon Ltd. (DBL) is advancing its asset-light “DBL 2.0” strategy with a proposed divestment of stakes in two under-construction power infrastructure SPVs to Alpha Alternatives. The portfolio has a combined project cost of approximately ₹8,400 crore and includes large-scale solar generation and power transmission assets. Portfolio Details ☀️ Solar Portfolio: 1,363 MW AC /…
The Hinduja Group has announced plans to invest ₹2,500 crore in Tamil Nadu across renewable energy, electric mobility, automotive, battery infrastructure, financial services and digital mobility solutions. As part of the investment commitment, the Group has signed a Memorandum of Understanding (MoU) with the Government of Tamil Nadu to support the state’s clean-energy and mobility…
ACME Solar has completed a ₹2,147 crore long-term refinancing transaction for 12 operational solar Special Purpose Vehicles (SPVs), representing a combined capacity of 450 MW. The refinancing has been secured from the National Bank for Financing Infrastructure and Development (NaBFID) and will be used to redeem existing Non-Convertible Debentures as well as fully redeem the…
UltraTech Cement is expanding its renewable energy portfolio with plans to procure 65 MW of solar power through a captive solar project in Chhattisgarh. The Aditya Birla Group company will invest up to ₹277.55 million (₹27.76 crore) to acquire a 26% stake in Solaris Horizon Energy, a special purpose vehicle (SPV) of Waaree Forever Energies….
