KKR sells 2.6% stake in India Grid Trust for Rs 2.77 billion
Author: PPD Team Date: December 18, 2024
Author: PPD Team Date: December 18, 2024
Kohlberg Kravis Roberts (KKR) has sold a 2.6 per cent stake in India Grid Trust through an open market transaction, valued at Rs 2.77 billion.
KKR’s affiliate, Esoteric II Pte, sold 20.1 million units at an average price of Rs 138.01 per unit.
Author: PPD Team Date: December 26, 2024 Three companies secured contracts totalling 600 MW for the development of 1,000 MW Inter-State Transmission System (ISTS)-Connected Solar Power Projects under Tranche-XVIII. ReNew Solar Power Private Limited (ReNew Power Ventures Private Limited) won 250 MW with a tariff of Rs 3.04 per kWh. ACME Solar Holdings Private Limited secured 300 MW with a tariff of Rs 3.05 per kWh. Adani Renewable Energy Holding Twelve Limited (Adani Green Energy…
Author: PPD Team Date: March 24, 2026 Kalpataru Projects International Limited (KPIL) has received new orders worth approximately Rs 4,439 crore across its transmission and distribution (T&D) business, the company disclosed in a regulatory filing to stock exchanges today. The orders comprise a 400 kilovolt (kV) transmission line and associated substations in Africa, transmission line projects in India, and a substation project in Sweden. Client names and specific project locations were not disclosed in the…
Author: PPD Team Date: May 9, 2025 The Rockefeller Foundation and a group of international partners—ACEN Corporation, Mitsubishi Corporation, Keppel, and GenZero—are launching a pilot project in the Philippines to demonstrate a new model for replacing coal with clean energy. The project will focus on the early retirement of the South Luzon Thermal Energy Corporation (SLTEC) coal plant, which will be replaced by a mix of solar, wind, and battery storage systems. This initiative is…
Author: PPD Team Date: October 7, 2025 KP Group, through its subsidiary KPI Green Hydrogen and Ammonia, has signed agreements with Jeonbuk Province, GH2 Solar Limited, and AHES Co. Limited to advance water-based hydrogen production. The collaboration will focus on sharing technology expertise, developing large-scale green hydrogen projects, and promoting the clean fuel sector in India and abroad. Last month, KP Group announced a partnership with GH2 Solar and South Korea’s AHES Co. Ltd. to…
Author: PPD Team Date: April 1, 2025 Waaree Energies Limited has inaugurated a 5.4 GW solar cell manufacturing facility in Chikhli, Gujarat. Spanning 150 acres, with a built-up area of 101 acres, the plant is equipped with high-efficiency solar cell technology to strengthen India’s domestic solar manufacturing capabilities. The facility is expected to generate over 9,500 direct jobs and approximately 30,000 indirect employment opportunities. It aims to reduce India’s dependence on solar imports while boosting…
Author: PPD Team Date: June 4, 2025 RR Kabel Limited commissioned a 10.2 MW captive wind-solar hybrid power project in Gujarat on May 31, 2025. The project includes a 6.6 MW wind power component, comprising two wind turbine generators (WTGs) of 3.3 MW each. These are located at revenue survey numbers 689 and 449 in Mota Khijadiya and Sal Pipaliya villages, Paddhari taluka, Rajkot district. The solar power component of 3.6 MW is situated at…