In a filing to BSE, Inox Wind stated that promoter IWEL has completed the Rs 900 crore capital infusion today. The funds were raised by IWEL on 28 May 2024, through the sale of equity shares of Inox Wind via block deals on the stock exchanges
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The IPO comprised a fresh issue of 56.88 Lakh Equity Shares with a face value of Rs 10/- through the book-building route
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JSW Energy stock has delivers 171 per cent return in 2024 so far, while in the last three months the stock clocks 40 per cent gain
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The project is expected to offset approximately 445,796 tonnes of CO2 emissions each year and support the electrification of around 95,079 households
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The Rs 790 crore order is scheduled to be executed over a period of four years
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The project, located in Kawani village, Bikaner district, is a utility-scale solar plant that will deploy Waaree's P-type bifacial modules with a capacity of 540-545 Wp each
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The projects will be established by private developers selected through a transparent bidding process, and the power excavation infrastructure, including the offshore substations, will be constructed by Power Grid Corporation of India
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The report projected a rise in investments by approximately 38 per cent over the fiscal years 2025 and 2026,
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The financing will be provided through long-term non-convertible debentures allocated to the project's special purpose vehicles
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The recent temperature surge has significantly pushed up power demand, with India's peak demand reaching 250 GW this year, surpassing the previous high of 243 GW recorded in September last year
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