New Delhi: India’s biggest power generation utility is eyeing a jump in investments in the green energy space to ₹5 trillion by 2030, according to two people with knowledge of the development. The investments would be made under state-owned NTPC Ltd’s renewable energy arm, NTPC Green Energy Ltd, which is set to launch its ₹10,000 crore initial public offering on …
By Sarita Chaganti Singh NEW DELHI -A joint venture between India's NTPC Green Energy and ONGC Green Energy is the highest bidder for Ayana Renewable Power having bid about $650 million, two people involved in the deal told Reuters. "After due diligence, NTPC Green Energy and ONGC Green Energy have jointly decided to acquire 100% stake of Ayana Renewable Power …
NEW DELHI : State-run Oil and Natural Gas Corp. Ltd and NTPC Ltd have been given exclusive rights to acquire a majority stake in National Investment and Infrastructure Fund Ltd -backed Ayana Renewable Power Pvt. To boost their new and renewable energy play, NTPC and ONGC have announced a joint venture company through their green energy subsidiaries—NTPC Green Energy Ltd …
NEW DELHI : Oil and Natural Gas Corp. Ltd is in talks with global entities including Malaysia’s Gentari to form a joint venture in energy storage, chairman and chief executive Arun Kumar Singh said, as the energy giant makes strides in its energy-transition journey. The ONGC chairman said in case energy storage is identified as a priority area for the …
