Finance

Financial Briefs: India and overseas

KKR to invest $400 million in decarbonisation platform Serentica Renewables (India) KKR has signed definitive agreements to invest $400 million in Serentica Renew­ables. Serentica looks to deliver round-the-clock clean energy solutions for lar­ge-scale, energy-intensive industrial […]

Finance

Financial Briefs: India and overseas

REC sanctions Rs 220 billion under new LPS Rules REC Limited has provided financial assistance of around Rs 220 billion for clearing the outstanding dues of the distribution licensees of Jharkhand, Rajas­than, Chha­ttis­garh and Jammu […]

Finance

Financial Briefs: India and overseas

TotalEnergies to acquire 25 per cent minority stake in Adani New Industries TotalEnergies will acquire a 25 per cent minority stake from Adani Enterprises Li­mited in Adani New Industries Li­mi­ted. The partnership, centred on green […]

Finance

Financial Briefs: India and overseas

MoP directs PFC, REC to arrange short-term loans for imported coal-based plants under stress The Ministry of Power (MoP) has directed the Power Finance Corporation (PFC) and REC Limited to take the necessary action to […]

Finance

Financial Briefs: India and overseas

BlackRock Real Assets-led consortium to invest Rs 40 billion in Tata Power Renewable Energy (India) Tata Power Company Limited and a ­BlackRock Real Assets-led consortium, including Mubadala Investment Com­pa­ny, have entered into a binding agreement […]