Solar stock Gensol Engineering jumps over 5% on receipt of ₹968 crore order
1 month, 2 weeks ago

Solar stock Gensol Engineering jumps over 5% on receipt of ₹968 crore order

Live Mint  

Stock Market Today: Solar stock Gensol Engineering Ltd gained more than 5% during intraday trades on Friday after it announced receipt of ₹968 crore order The Gensol Engineering share price opened at ₹735 on the BSE on Friday, 3% higher than the previous days closing price of ₹713.50. The Gensol Engineering share price thereafter rose to intraday highs of ₹751.45, which translated into gains of more than 5% Gensol Engineering announced on the exchanges on Friday 7 February 2025 that it has secured order worth approximately ₹967.98 crores for 245 MW Solar PV Project at Khavda RE Power Park, Rann of Kutch in Gujarat, including three years of O&M Gensol Engineering order details A key player in the renewable energy space and Solar power, Gensol Engineering in its release said that the company has been awarded a contract by a renowned public sector undertaking for the development of a 245 MW Solar PV Project at the prestigious Khavda RE Power Park in Gujarat. This order marks Gensol's second major project win at the Khavda Solar Park within a short span, which as per the company underscores its strong market presence and execution capabilities. With these two significant projects, Gensol Engineering said that it will now be responsible for the cumulative development of 520 MW of Solar PV capacity at the Khavda Solar Park, a site poised to become the world's largest hybrid renewable energy park.

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History of this topic

700% rally in three years! KPI Green Energy share price edges higher after receipt of solar power projects
5 days, 3 hours ago

700% rally in three years! KPI Green Energy share price edges higher after receipt of solar power projects

Live Mint  

KPI Green Energy share price rose nearly 4% during Thursday's trading session after the company revealed that its subsidiary, Sun Drops Energia Pvt., has been awarded letters for the development of solar power projects totaling 14.9 MW in capacity. KPI Green Energy share price today KPI Green Energy share price today opened at ₹406.15 apiece on the BSE, the stock …

Let there be light: These five stocks are poised to benefit from India’s $1 billion solar push
2 weeks, 1 day ago

Let there be light: These five stocks are poised to benefit from India’s $1 billion solar push

Live Mint  

India is ramping up its efforts to break China's dominance in the solar supply chain with a $1 billion capital subsidy plan that’s aimed at boosting domestic manufacturing of wafers and ingots— critical components in solar panel production. While it doesn’t yet manufacture ingots and wafers yet, Waaree is developing a 6 GW integrated facility in Odisha to produce ingots, …

Gensol Engineering shares crash 40% in a week. Why is it falling today?
2 weeks, 1 day ago

Gensol Engineering shares crash 40% in a week. Why is it falling today?

India Today  

Gensol Engineering Ltd shares fell sharply in early trade on Monday, continuing its poor run on Dalal Street. Investors seem to be dumping the stock after credit rating agencies ICRA and CARE downgraded the company, citing issues with its loan repayments. Meanwhile, the company’s board is set to meet on March 13 to discuss a stock split and fundraising through …

Gensol Engineering share price in focus as promoters offload 2.37% stake to unlock liquidity
Trending News
2 weeks, 3 days ago

Gensol Engineering share price in focus as promoters offload 2.37% stake to unlock liquidity

Live Mint  

Gensol Engineering had an eventful day on Friday as the company declared it would re-appoint Jabirmahendi Aga as its new Chief Financial Officer immediately. This announcement injected fresh buying in Gensol Engineering share price as the stock rebounded from the 52-week low of ₹307.25 apiece on the NSE, made during Friday morning deals. Gensol Engineering's share price finally ended at …

Gensol Engineering shares in focus as promoters offload 2.37% stake to unlock liquidity
Top News
2 weeks, 3 days ago

Gensol Engineering shares in focus as promoters offload 2.37% stake to unlock liquidity

Live Mint  

Gensol Engineering had an eventful day on Friday as the company declared it would re-appoint Jabirmahendi Aga as its new Chief Financial Officer immediately. This announcement injected fresh buying in Gensol Engineering share price as the stock rebounded from the 52-week low of ₹307.25 apiece on the NSE, made during Friday morning deals. Gensol Engineering latest news Gensol Engineering informed …

700% rally in five years! Solar Industries share price edge higher ₹239 crore defence order
3 weeks ago

700% rally in five years! Solar Industries share price edge higher ₹239 crore defence order

Live Mint  

Shares of Solar Industries edged higher in intra-day trade on Tuesday, March 4, after securing a significant order from the Ministry of Defence. Solar Industries announced that its wholly owned subsidiary, Solar Defence and Aerospace, has signed a contract worth ₹239 crore with the Ministry of Defence, Government of India, for the supply of multi-mode hand grenades. Stock Price Trend …

Solar Industries India bags ₹2,150 crore defence supply export order
3 weeks, 3 days ago

Solar Industries India bags ₹2,150 crore defence supply export order

Live Mint  

Defence equipment manufacturer Solar Industries India Limited announced that the firm has secured a ₹2,150 crore international defence supply export order, according to the exchange filing on Friday, February 28. “We are pleased to share that our Company Solar Industries India Limited and its subsidiary have received export orders worth INR 2150 Crores for Supply of Defence Products, to be …

Gensol Engineering share price jumps from intraday low after ₹350 crore deal
1 month ago

Gensol Engineering share price jumps from intraday low after ₹350 crore deal

Live Mint  

Stock Market Today: Shares of Gensol Engineering, a leading player in the renewable energy sector specializing in solar power engineering, procurement, and construction services, rose 2% from today’s intraday low to reach ₹579.45 apiece. The uptick in shares followed the company’s regulatory filing today, in which it announced the signing of a non-binding term sheet for a ₹350 crore strategic …

Waaree Energies share price gains 3% on securing solar module order
1 month ago

Waaree Energies share price gains 3% on securing solar module order

Live Mint  

Shares of Waaree Energies, one of India's leading renewable energy companies, rose nearly 3% in early morning trade on February 20, reaching ₹2,278 apiece after the company secured an order for 362.5 MWp solar modules. In an exchange filing on Wednesday, the company informed investors that it had secured an order for the supply of solar modules totaling 362.5 MWp …

Solarium Green Energy Announces ₹105.04 Crore IPO
1 month, 2 weeks ago

Solarium Green Energy Announces ₹105.04 Crore IPO

Deccan Chronicle  

Solarium Green Energy, a turnkey solar energy solutions provider, has announced an initial public offering worth ₹105.04 crore on the BSE SME platform. The IPO, priced in the range of ₹181 to ₹191 per equity share of ₹10 face value, will open on February 6 and close on February 10, 2025.Founded in 2018, Solarium specializes in rooftop solar systems, ground-mounted …

Premier Energies share price reverses gains, tanks 15% from day’s high
1 month, 3 weeks ago

Premier Energies share price reverses gains, tanks 15% from day’s high

Live Mint  

Shares of Premier Energies, India’s second-largest integrated manufacturer of solar cells and modules, dropped sharply from their intraday high, declining 15% to hit a day's low of ₹997 per share. Kotak Securities also highlighted that the company's order inflow momentum was extremely strong in 3QFY25, with Premier securing ₹22.4 billion worth of orders during the quarter. Pause on U.S. expansion …

Waaree Energies share price soars 14% after net profit jumps 260% in Q3
1 month, 3 weeks ago

Waaree Energies share price soars 14% after net profit jumps 260% in Q3

Live Mint  

Stock market today: Shares of Waaree Energies, one of India's leading renewable energy companies, rose by 14% in early morning trade on January 31, reaching ₹2,505, following the release of the company's December quarter performance, which exceeded Street estimates. The company's primary source of revenue, from Solar Photovoltaic modules, rose 122% to ₹3,108 crore in the October to December quarter, …

Gensol Engineering shares jump 8% after losing for six straight sessions
1 month, 3 weeks ago

Gensol Engineering shares jump 8% after losing for six straight sessions

Live Mint  

Stock Market Today: Gensol Engineering Ltd share price gained more than 8% during the intraday trades on Wednesday after losing for six straight sessions Gensol Engineering Ltd share price movement Gensol Engineering Ltd share price opened at ₹650.05 on the BSE on Wednesday, slightly higher than the previous closing price of ₹638.95. The Gensol Engineering share price thereafter gained to …

Gensol Engineering share: Small-cap solar, EV stock jumps 6% after receipt of ₹1,061 crore project
2 months, 2 weeks ago

Gensol Engineering share: Small-cap solar, EV stock jumps 6% after receipt of ₹1,061 crore project

Live Mint  

Stock market today: Shares of Gensol Engineering, a leading player in the renewable energy sector, specialising in solar power engineering, procurement, and construction services, rose 6.13% in the intraday session on Monday, January 6 to ₹796.40 apiece after the company secured a significant order. The company informed investors through an exchange filing today that it had secured an EPC contract …

Servotech Power Systems share: Solar and EV stock jumps 5% on this order update. Do you own?
2 months, 3 weeks ago

Servotech Power Systems share: Solar and EV stock jumps 5% on this order update. Do you own?

Live Mint  

Servotech Power Systems shares surged 4.99 per cent to ₹169.41 on the NSE during intraday trading on Monday, December 30. Servotech will also provide a five-year comprehensive warranty and maintenance service for pumps of varying capacities—2 HP, 3 HP, and 5 HP—with corresponding solar power setups of 3 kW, 4.5 kW, and 7.5 kW. Servotech Power Systems financial performance In …

Gensol Engineering share price snaps 5-day losing run, surges 9% on ₹897 crore order win
2 months, 3 weeks ago

Gensol Engineering share price snaps 5-day losing run, surges 9% on ₹897 crore order win

Live Mint  

Stock Market Today: Small-cap stock Gensol Engineering jumped over 9 per cent in intra-day trade on Friday, December 27 after the company bagged an order worth ₹897.47 crore from NTPC Renewable Energy. “The contract between NTPC REL and Gensol Engineering was formally executed last week, marking a substantial milestone for both entities in their pursuit of advancing renewable energy infrastructure …

Solar91 Cleantech SME IPO to open on Dec 24; price band set at ₹185-195/share
3 months ago

Solar91 Cleantech SME IPO to open on Dec 24; price band set at ₹185-195/share

Hindustan Times  

Solar91 Cleantech, an EPC solutions provider, said on Sunday that it has set a price range of ₹185–195 per equity share for the inaugural share sale, which will take place on 24 December and raise ₹106 crore. "This IPO marks a new chapter for the company, empowering us to accelerate our growth, expand our IPP portfolio, and continue delivering sustainable, …

EV stock rises over 2% despite weak stock market sentiment after THIS announcement; do you own?
3 months, 1 week ago

EV stock rises over 2% despite weak stock market sentiment after THIS announcement; do you own?

Live Mint  

Stock Market Today: Shares of leading renewable energy company Gensol Engineering defied weak market sentiment and rose over 2 per cent on Wednesday, December 18 following a major project announcement. It will play a vital role in advancing India’s clean energy transition," said Shilpa Urhekar, Chief Executive Officer, Solar EPC, Gensol Engineering. The awarding of this contract to Gensol highlights …

Waaree Energies share price climbs 4% on new solar project win
3 months, 1 week ago

Waaree Energies share price climbs 4% on new solar project win

Live Mint  

Stock Market Today: Shares of Waaree Energies climbed 4 percent on Thursday, December 12, after the Company has today received Letter of Award for the development of 170 MW Solar power plant in Madhya Pradesh, from Rewa Ultra Mega Solar Limtied. The project will supply renewable energy to Madhya Pradesh Power Management Company Ltd and Indian Railways thus contributing significantly …

NTPC Green Energy share price inches closer to lifetime high after THIS order book update
3 months, 2 weeks ago

NTPC Green Energy share price inches closer to lifetime high after THIS order book update

Live Mint  

Stock market today: Shares of NTPC Green Energy Limited gained momentum on Wednesday, December 11 after its subsidiary, NTPC Renewable Energy Limited, secured a significant contract in an e-reverse auction conducted by the Solar Energy Corporation of India. NGEL’s share price gained as much as 5.21 per cent to ₹154.30 on the BSE, inching closer to its record high of …

Upcoming IPO: Solar91 Cleantech gets BSE nod for SME IPO launch
3 months, 2 weeks ago

Upcoming IPO: Solar91 Cleantech gets BSE nod for SME IPO launch

Live Mint  

Upcoming IPO: Solar91 Cleantech on Friday, December 6 said Bombay Stock Exchange has approved the draft red herring prospectus for its initial public offer. Solar91 Cleantech, a solar plant installation company, plans to issue up to 54,36,000 equity shares, each with a face value of ₹10, in the upcoming IPO. It plans to utilise the funds raised via public issue …

Solar Industries stock jumps 10% after company wins ₹2,039 crore defence export order
3 months, 3 weeks ago

Solar Industries stock jumps 10% after company wins ₹2,039 crore defence export order

Live Mint  

Shares of Solar Industries jumped 10 per cent in early morning trade on December 3, reaching a six-week high of Rs. In an exchange filing on Monday, the company announced that it had secured export orders worth ₹2,039 crore, along with its subsidiary, for the supply of defence products. It remains optimistic about achieving defence product sales of ₹1,500 crore, …

Stocks to watch today: Adani, Waaree, PCBL, Vedanta, Godrej Properties
3 months, 3 weeks ago

Stocks to watch today: Adani, Waaree, PCBL, Vedanta, Godrej Properties

India Today  

Domestic stock markets continued their cautious trend, closing slightly higher in Wednesday’s session. The market witnessed a brief rally, supported by a surge in Adani group shares following the group’s clarification regarding bribery allegations from US authorities. In today’s trade, shares of Adani Group, Waaree Renewable Technologies, Godrej Properties, Vedanta, and PCBL, among others, will be in focus due to …

Waaree Energies earnings: A reality check as listing euphoria fades
4 months ago

Waaree Energies earnings: A reality check as listing euphoria fades

Live Mint  

The half-year ended earnings of recently listed Waaree Energies Ltd, the largest solar module manufacturer in India, came as a rude shock to investors. Gross margin saw a sharp year-on-year improvement of 390 basis points to 25.3% as raw material cost or the cost of solar cells eased. The management anticipates a bump-up of about 200-300 bps in Ebitda margin …

ACME Solar Holdings IPO listing date today. What GMP, experts signal about share debut on BSE, NSE
4 months, 1 week ago

ACME Solar Holdings IPO listing date today. What GMP, experts signal about share debut on BSE, NSE

Live Mint  

ACME Solar Holdings IPO Listing: The equity shares of ACME Solar Holdings Ltd are set to make their stock market debut today after its initial public offering hit the Steet last week. ACME Solar Holdings IPO listing date is today, November 13. Ahead of ACME Solar Holdings IPO listing today, investors watch out for the trends in the grey market …

ACME Solar Holdings IPO subscribed 70% on Day 2; check GMP, subscription status, other details
4 months, 2 weeks ago

ACME Solar Holdings IPO subscribed 70% on Day 2; check GMP, subscription status, other details

Live Mint  

ACME Solar Holdings Limited's initial public offering, through a book-building process, offers a fresh issue and an offer-for-sale component. The ACME Solar Holdings IPO opened for public subscription on Wednesday, November 6, and will close on Friday, November 8. ACME Solar set its IPO price band at the range of ₹275 and ₹289 per share, with a lot size of …

ACME Solar Holdings IPO subscribed 39% on Day 1; check GMP, subscription status, other details
4 months, 2 weeks ago

ACME Solar Holdings IPO subscribed 39% on Day 1; check GMP, subscription status, other details

Live Mint  

ACME Solar Holdings Limited's initial public offering, through a book-building process, offers a fresh issue and an offer-for-sale component, opened for subscription on Wednesday, November 6. The ACME Solar Holdings IPO opened for public subscription on Wednesday, November 6, and will close on Friday, November 8. ACME Solar Holdings IPO GMP today As of November 6, ACME Solar Holdings IPO's …

ACME Solar Holdings IPO Day 2: Check GMP, subscription status, review, key dates, more. Should you subscribe or not?
4 months, 2 weeks ago

ACME Solar Holdings IPO Day 2: Check GMP, subscription status, review, key dates, more. Should you subscribe or not?

Live Mint  

ACME Solar Holdings IPO: The initial public offering for the renewable energy company ACME Solar Holdings Ltd opened on Wednesday, November 6, and will end on Friday, November 8. ACME Solar Holdings IPO Subscription Status The initial public offer of ACME Solar Holdings IPO has been subscribed 70% on the last day of subscription today, as per BSE data. ACME …

ACME Solar Holdings IPO: GMP, price band among 5 key things to know before the issue opens tomorrow
4 months, 2 weeks ago

ACME Solar Holdings IPO: GMP, price band among 5 key things to know before the issue opens tomorrow

Live Mint  

ACME Solar Holdings' initial public offer will open for subscription on Wednesday, November 6 to raise ₹2,900 crore. ACME Solar Price Band and Share Listing Timeline The IPO price band is set between ₹275 to ₹289 per share. ACME Solar Grey Market Premium In the grey market, ACME Solar shares are currently trading at a 9.8% premium over the upper …

Waaree's Solar Venture Soars 70% in Market Debut
4 months, 3 weeks ago

Waaree's Solar Venture Soars 70% in Market Debut

The Hindu  

Waaree Energies Ltd makes a strong market debut, with its shares jumping nearly 70% from the issue price. The IPO was a combination of a fresh issue of equity shares and an Offer-for-Sale (OFS) of 48 lakh equity shares worth ₹721.44 crore. The proceeds from the fresh issue will be used for setting up the 6 GW of the Ingot …

GMP Soars on Final Day, With Strong Subscription Details
5 months ago

GMP Soars on Final Day, With Strong Subscription Details

India Today  

Waaree Energies' IPO continues to perform well, with the issue oversubscribed 30 times on the final day of bidding. The company is expected to raise Rs 4,321.44 crore through fresh issues and an offer-for-sale (OFS). The grey market premium (GMP) for Waaree is currently at 95%, suggesting a potential listing gain of nearly 95%. The company's strong financials, increasing demand …

NLC India to Issue ₹4,500 Crore IPO for Green Energy Arm
5 months ago

NLC India to Issue ₹4,500 Crore IPO for Green Energy Arm

Live Mint  

NLC India is planning an IPO for its renewable energy arm, NLC India Renewables Ltd (NLCIRL), with a proposed size of ₹4,500 crore. The company will offload 51% of its shares to NLCIRL, with the remaining shares being distributed to shareholders. NLCIRL currently operates 1,380MW of solar power plants in the southern districts of Tamil Nadu and the Andaman & …

Is Waaree's IPO a steal? Here's what investors need to know
5 months ago

Is Waaree's IPO a steal? Here's what investors need to know

India Today  

Waaree Energies IPO opens for bidding, aiming to raise Rs 4,321.44 crore. The IPO consists of a fresh issue of 2.4 crore shares and an offer for sale of 0.48 crore shares, totaling Rs 721.44 crore. The IPO will be open for subscription until October 23, 2024, with a price band of Rs 1,427 and Rs 1,503 per share. The …

Upcoming IPO: PMEA Solar Tech Files Draft Papers For Maiden Issue, Check Details Here
6 months, 1 week ago

Upcoming IPO: PMEA Solar Tech Files Draft Papers For Maiden Issue, Check Details Here

ABP News  

PMEA Solar Tech Solutions Ltd submitted draft papers for its maiden offering with the Securities and Exchange Board of India. The IPO includes a fresh offering of equity worth Rs 600 crore and an offer-for-sale of up to 11.24 million shares by existing promoters and shareholders. About PMEA Solar Tech Solutions PMEA Solar Tech has an annual installed capacity of …

Servotech Power shares hit lifetime high after giving technical breakout. More steam left?
6 months, 3 weeks ago

Servotech Power shares hit lifetime high after giving technical breakout. More steam left?

Live Mint  

Stock market Today: Servotech Power Systems share price rises 10% as it reaches circuit limit, scaling lifetime high on Tuesday Empowering consumers with subsidized Solar Solutions, Servotech announced getting Enrolled with 62 DISCOMs under PM Surya Ghar Muft Bijli Yojana. Stock sees a technical breakout Servotech Power's share price has given a fresh breakout on the technical chart at ₹142 …

Premier Energies Rs 2,830 Crore IPO Opens On August 27
7 months ago

Premier Energies Rs 2,830 Crore IPO Opens On August 27

Deccan Chronicle  

Mumbai: Hyderabad, Telangana based solar cell and module manufacturer Premier Energies announced Rs 2,830 crore initial public offering in the price band of Rs 427 to Rs 450 per equity share of Rs 1 face value.The public issue opens on August 27 and closes on August 29, 2024. The company is India’s second largest integrated solar cell and module manufacturer …

Gensol Engineering share: Experts see 20% upside after this near-term breakout. Is this a stock to buy today?
7 months, 3 weeks ago

Gensol Engineering share: Experts see 20% upside after this near-term breakout. Is this a stock to buy today?

Live Mint  

Stock market today: Gensol Engineering shares witnessed strong buying in the early morning session as the solar company has declared a winning fresh project worth ₹463 crore. Triggers for Gensol Engineering shares Speaking on the triggers fueling Gensol Engineering shares, Avinash Gorakshkar, Head of Research at Profitmart Securities, said, “The solar energy division of the company has a strong order …

Sahaj Solar IPO opens today: All you need to know before subscribing to the issue
8 months, 2 weeks ago

Sahaj Solar IPO opens today: All you need to know before subscribing to the issue

Hindustan Times  

The initial public offering of renewable energy solutions provider Sahaj Solar opens for subscription today. Sahaj Solar IPO: The price band of the issue is fixed at ₹ 171 to ₹ 180 per share and the company has raised ₹ 14.83 crore from anchor investors. Here is all you need to know about Sahaj Solar IPO: Sahaj Solar IPO Lot …

Gensol Engineering upper circuit: Gensol Engineering share price surges 5% on highest-ever revenue growth in FY24
11 months, 3 weeks ago

Gensol Engineering upper circuit: Gensol Engineering share price surges 5% on highest-ever revenue growth in FY24

Live Mint  

Gensol Engineering share price was locked at 5% upper circuit on Wednesday's session following the announcement by the company that it had achieved its highest-ever operational revenue of over Rs. Gensol Engineering share price today opened at ₹941.95 apiece on BSE and touched an intraday high of ₹948.95 and an intraday low of ₹932. According to Rajesh Bhosale, Equity Technical …

Gensol Engineering share price hits upper circuit after completion of ₹128-cr solar project
1 year ago

Gensol Engineering share price hits upper circuit after completion of ₹128-cr solar project

Live Mint  

Mukul Agrawal portfolio: Gensol Engineering share price today witnessed strong buying interest during morning deals. The energy stock came under the radar of Dalal Street bulls after it announced the completion of a 160 MW solar project worth ₹128 crore in Bhavnagar, Gujarat for Continuum Green Energy. Gensol Engineering news The energy company informed Indian stock market exchanges about the …

Gensol Engineering raises ₹900 crore equity from Elara and others
1 year, 1 month ago

Gensol Engineering raises ₹900 crore equity from Elara and others

Live Mint  

New Delhi: Renewable energy and electric mobility company Gensol Engineering Limited said it has raised a ₹900 crore in equity capital through warrants convertible into equity shares on a preferential basis. In a statement on Wednesday, Gensol said the fundraise saw participation from Elara India Opportunity Fund, Aries Opportunities Fund, and Tano Investment Opportunities Fund, among others. Anmol Singh Jaggi, …

With ₹19,500-crore PLI plan, sun shines on solar cell units
2 years, 6 months ago

With ₹19,500-crore PLI plan, sun shines on solar cell units

The Hindu  

The Union Cabinet on Wednesday cleared a ₹19,500-crore scheme to incentivise manufacturing of domestic solar cell modules to reduce the industry’s reliance on China-made panels. Officials from the Ministry of New and Renewable Energy, the nodal body charged with administering the programme, estimate manufacturing capacity worth 65,000 MW of fully and partially integrated, solar PV modules to be installed over …

Investors will continue to bet on sunrise sectors through 2021 and beyond
3 years, 5 months ago

Investors will continue to bet on sunrise sectors through 2021 and beyond

Live Mint  

As the coronavirus outbreak shut down the world, we effortlessly moved to digital shopping, remote working, video streaming for entertainment, WhatsApp-based grocery ordering, telemedicine using mobile phones and schooling from home. Organizations and people adapted quickly in the face of unprecedented adversity, helped by a powerful cocktail of computer power, cheap and sustainable electricity, almost free bandwidth, gargantuan data lakes, …

RIL, Adani Group, First Solar, 16 others bid for solar module manufacturing PLI
3 years, 6 months ago

RIL, Adani Group, First Solar, 16 others bid for solar module manufacturing PLI

Live Mint  

Mukesh Ambani-controlled Reliance Industries Ltd, Adani Group and US- headquartered First Solar are among the 19 firms that have bid for setting up solar manufacturing units under the government’s production linked incentive scheme, according to two government officials aware of the development. RIL, Adani Group, First Solar, Andhra Pradesh-based Shirdi Sai and Jindal Poly have bid for manufacturing polysilicon, wafer …

Sterling and Wilson Solar makes a weak debut
5 years, 7 months ago

Sterling and Wilson Solar makes a weak debut

Live Mint  

Mumbai: Shares of Sterling and Wilson Solar Ltd made a weak debut on the stock exchanges on Tuesday, closing at ₹726.20, down 6.8% from the issue price of ₹780. The issue was entirely an offer for sale by the promoters, with an issue size of ₹3,100 crore and a post-issue market capitalization of ₹12,500 crore at the higher price band. …

Shapoorji Pallonji’s solar EPC business announces ₹3,125 crore public offer
5 years, 7 months ago

Shapoorji Pallonji’s solar EPC business announces ₹3,125 crore public offer

Live Mint  

Shapoorji Pallonji Group’s solar engineering, procurement and construction business, Sterling and Wilson Solar Ltd, on Thursday, announced its initial public offering worth ₹3,125 crore. The development comes against the backdrop of sluggish market conditions which also led non-banking financial company Spandana Sphoorty Financial Ltd, whose initial share sale opens on 5 August, to cut the secondary component of its IPO …

Solar projects get Rs 5,050 crore boost from Centre
9 years, 2 months ago

Solar projects get Rs 5,050 crore boost from Centre

The Hindu  

The government on Wednesday approved a ‘viability gap funding’ of Rs 5,050 crore for setting up over 5,000 MW of grid-linked solar power projects under the Jawaharlal Nehru National Solar Mission. After the meeting, Power Minister Piyush Goyal said, “To push solar energy programme, a scheme to provide Rs 5,050 crore VGF for setting up 5,000 MW capacity has been …

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