Radiance Renewables Private Limited has commissioned an 87 MWp solar project at Korwar in Karnataka to supply renewable energy to commercial and industrial (C&I) consumers across sectors including data centres, fast-moving consumer goods (FMCG) and automotive manufacturing. The company stated that the project is expected to generate nearly 3.48 million MWh of renewable energy over…
AMPIN Energy Transition has commissioned a 60 MWp group captive open access solar project at Kantabanji in Odisha under the OREP-22 framework. The project supplies renewable power to commercial and industrial consumers and is connected to the grid through the 132 kV Kantabanji substation. The company stated it executed the full project lifecycle in-house, including…
Philippines-based Aboitiz Power is in advanced talks to acquire a majority stake in Hyderabad-based renewable energy firm Fourth Partner Energy, according to sources. The proposed deal could be among the largest recent foreign acquisitions in India’s commercial and industrial (C&I) renewable segment. The transaction would allow early investors to partially exit. Current backers include TPG…
CleanMax Enviro Energy Solutions has raised Rs 15 billion in a pre-initial public offering (IPO) funding round led by Temasek Holdings and Bain Capital, ahead of its planned market debut expected later this month. The pre-IPO placement also saw participation from Steadview Capital, 360One and Steinberg India Emerging Opportunities Fund. Several family offices joined the…