Financial Briefs
India and overseas
Powergrid acquires Ramgarh New Transmission for Rs 56.1 million The Power Grid Corporation of India (Powergrid) has […]
Finance
Financial Briefs
Power Play
Powergrid goes on an asset acquisition spree
Ahead of its plans to launch its maiden infrastructure investment trust (InvIT), Power Grid Corporation of India […]
Funding Power
PFC’s maiden public issue of NCDs elicits a positive response
In a key recent fundraising deal, power sector financier Power Finance Corporation Limited (PFC) successfully tapped retail […]
Financial Briefs
India and overseas
Powergrid files for $1.1 billion InvIT IPO (India) Power Grid Corporation of India Limited (Powergrid) has filed […]
Restructuring Plan
The restructuring efforts of the debt-laden IL&FS Group’s power arm, IL&FS Tamil Nadu Power Company Limited (ITPCL), […]
Financial Briefs
India and overseas
PFC’s maiden taxable bond issue oversubscribed Power Finance Corporation (PFC) launched a Rs 50 billion taxable non-convertible […]
Asset Expansion
IndiGrid set to acquire Parbati Koldam Transmission Company
The India Grid Trust (IndiGrid) recently signed an agreement to acquire a 74 per cent stake in […]
Financial Briefs
India and overseas
ADB approves $190 million loan to upgrade power distribution system in Bengaluru (India) The Asian Development Bank […]
Recent Financings
India and overseas
ADB approves $132.8 million loan to improve Meghalaya’s power distribution network (India) The Asian Development Bank (ADB) has […]
Rescue Bid
LTHPL to be merged with NHPC Limited
Distressed asset deals have shown an increase in the power sector in recent years, with cases being […]
Asset Monetisation
Major power companies set to launch InvITs
In recent years, infrastructure trusts, or InvITs, have become popular among investors of long-term revenue-generating assets. InvITs […]
Recent Financings
India and overseas
Loans worth Rs 1,080 billion sanctioned to discoms under liquidity scheme (India) REC Limited and the Power […]
Feeling the Strain
Pandemic subdues financing activity in the sector
The past year witnessed an increase in credit offtake from banks and non-banking financial companies in sectors […]
Stock Movement
Tracking BSE Power Index companies
The Bombay Stock Exchange (BSE) Power Index tracks the share prices of 14 power companies operating across […]
Key Financings
Major debt and equity moves
The power sector has witnessed a flurry of financial activity in the past year. In a key […]
Green Signal
Adani-OPGC acquisition update
Adani Power Limited is rapidly expanding its generation footprint with high-value acquisitions. Recently, the company received the […]
Recent Financings
India and overseas
NTPC raises Rs 10 billion via bonds (India) On July 31, 2020, NTPC raised Rs 10 billion […]
Performance Report
Operational and financial status of state power utilities
The financial and operational performance of state power utilities continues to be an area of concern for […]
Recent Financings
India and overseas
Adani Power acquires AES’s stake in OPGC Adani Power Limited (APL) has signed a definitive agreement to […]
Recent Financings
India and overseas
India and overseasIndia and overseasIndiGridInvIT to buy Jhajjar KT Transco for Rs 3.1 billion (India) The India […]