Energy / Utilities

Vedanta Resources plans to retire the debt it had taken for Cairn India acquisition using $1.7 Bn worth bonds it has raised through a private offering to QIB outside USA, HT states.

Three solar assets of 1 MW each in Western and Southern India established under the National Solar Mission, having 25 year PPA are available for buyout.

Tata Power through its subsidiary Tata Power International has signed an agreement with Clean Energy Invest AS (Clean Energy) and IFC InfraVentures for developing hydro projects worth $700 Mn in Georgia.

JSW Energy is looking for acquisition of power plants as it is unable to expand its power generation capacity due to lack of coal availability, according to BS.

Indian Oil Corporation has managed to raise R1700Cr from the domestic bond markets by issuing 5 year secured redeemable NCDs at 8.14%.

IFC is planning to extend $50 Mn debt facility to ACME Solar Energy, to part finance selected solar photovoltaic power projects in its pipeline.

Shree Shubham Logistics, subsidiary of Kalpataru Power Transmission has signed an agreement with Tano India Private Equity Fund II to raise R80 Cr to fund its capacity expansion plan.Kalpataru Power Transmission sold 20% of its stake in Shree Shubham Logistics for raising funds from Tano ...

Itochu and Toyota Tsusho have been identified to be contending to invest in the GSPC LNG terminal at Mundra for a 25% stake, according to ET.

Green Infra Limited is raising R500 Cr from Piramal Enterprise in a structured deal with debt and equity components, mint stated.