NTPC Green Energy and the Rajasthani government ink an agreement for 25 GW of renewable energy projects.

The government of Rajasthan and the state-run power giant NTPC have inked a Memorandum of Understanding (MoU) for the development of 25 GW of renewable energy projects in the state, according to NGEL, a wholly owned subsidiary of NTPC. The business stated in a regulatory filing that the Chief Minister of Rajasthan was present when…

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SJVN and the Maharashtra government sign two memorandums of understanding to develop pumped storage projects

To establish Pumped Storage Projects (PSPs) and Floating Solar Projects (FSPs) in Maharashtra, SJVN Limited announced on Friday that it had inked two Memorandums of Understanding (MoUs) with the Maharashtra government. SJVN and the Maharashtra government’s Department of Water Resources signed the first Memorandum of Understanding to develop five pumped storage projects with a combined…

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Hyundai Motor India’s Rs 25,000 crore initial public offering (IPO) has been approved by SEBI

SEBI has approved Hyundai Motor India’s IPO, bringing the company’s intentions to list one step closer. Hyundai India hopes to raise Rs 25,000 crore, or $3 billion, through the offer, regarded as India’s largest public issue. This indicates a $20 billion valuation for Hyundai. According to rumors, the business may be preparing to list in…

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