Financials and Investment News in India

Wan Hai India Delhi Branch Held a Grand Opening Reception
5/22/2023 - Aiming to improve the efficiency and quality of customer service, Wan Hai Lines established a non-port office in India for the first time in view of the huge domestic demand in the Indian inland, decl...
Avaada Group Raises $1B Funding for Manufacturing of Green Hydrogen, PV Modules and Renewable Energy
5/3/2023 -  Avaada Group today announced that it has raised US $ 1.07 billion to fund its green hydrogen and green ammonia ventures in India as a part of its ongoing US$ 1.3bn fund raise plan.

Brookfi...
Exclusive Primary Listing of Green Bonds of $750M of REC Limited at GIFT IFSC Stock Exchanges
5/3/2023 - REC Limited has undertaken an exclusive listing of its recently issued Green bonds of USD 750 million raised under its Global Medium Term Programme of USD 7 billion at GIFT IFSC Stock Exchanges in a ...
Adani Green Energy Ltd Announces FY23 Results
5/1/2023 - Adani Green Energy Ltd (AGEL), the renewable energy arm of the diversified Adani Group, today announced financial results for the quarter and financial year ended 31 March 2023.

Capacity...
Navitas Green Solutions Pvt. Ltd. Raises 5 MN USD
4/27/2023 - Navitas Green Solutions Pvt. Ltd. (Navitas Solar), a leading solar module manufacturing company that produces solar panels has raised 5 MN USD at an undisclosed valuation.

With able guidanc...
Renew Raises $400 Million Through Issuance Of Green Bonds
4/20/2023 - ReNew Energy Global Plc (“ReNew” or “the Company”) (Nasdaq: RNW, RNWWW), India’s leading clean energy company (in terms of total commissioned capacity), said on Thursday that its wholly-owned subsidia...
Synergia Announces Issue of Options
4/4/2023 - Synergia Energy Ltd (Synergia Energy or the Company) advises that it has issued unlisted nil-cost options over 70,043,152 shares in the Company as a non-cash settlement of amounts due to the Company's...
Infrastructure India Announces Conditional Disposal of Indian Energy Limited
4/4/2023 - Infrastructure India plc, an AIM quoted infrastructure fund investing directly into assets in India, announces that it has entered into a conditional agreement ("Agreement") for the disposal of Indian...
Chandrakant Gogri's Family Office Leads a $4M Series A Investment in Prozeal Infra
4/4/2023 - Prozeal Infra Engineering Pvt. Ltd. has announced their first round of funding led by Chandrakant Gogri's family office arm – Alchemie Ventures. The $4 Million (approx. INR 32.5 Crore) investment is f...
IDFC FIRST Bank in Association with HPCL and RuPay Launch a Co-Branded Fuel Credit Card
3/31/2023 - In an endeavour to offer the best services to customers, HPCL and IDFC FIRST Bank have partnered to launch a co-branded fuel credit card on the RuPay platform. Available in two variants - FIRST Power ...
IIP Provides Term Loan Update
3/30/2023 - Infrastructure India plc, an AIM quoted infrastructure fund investing directly into assets in India, announces that, on 29 March 2023, it agreed an extension to the maturity date of the term loan prov...
Loan to SJVN Limited of India under GREEN Operations
3/28/2023 - 1. The Japan Bank for International Cooperation (JBIC; Governor: HAYASHI Nobumitsu) signed on March 27 a loan agreement amounting to up to JPY15 billion, of which JBIC's portion is JPY9 billion, with ...
ReNew Repays More Than $1 Billion to Offshore Bondholders in FY2023
3/28/2023 - ReNew Energy Global Plc (“ReNew” or “the Company”) (Nasdaq: RNW, RNWWW), India’s leading clean energy company and a preferred decarbonisation partner, announced on Tuesday that it has repaid more than...
IFC Invests in First-of-its-Kind Sustainability-Linked Bond Issued by Tata Cleantech Capital
3/24/2023 - A new funding is set to spur India's renewable energy capacity and help improve access to climate finance, with International Finance Corporation (IFC) investing INR 3,750 million (about $50 million) ...
Adani Prepays INR 7,374 Crs Of Share Backed Financing
3/7/2023 -  In continuation of promoters’ commitment to reduce the overall promoter leverage backed by Adani Listed Company shares, we would like to inform that we have prepaid share backed financing of INR 7,37...
Adani Portfolio Companies Complete INR 15446 Cr Secondary Equity Transaction With GQG Partners
3/2/2023 - - Leading US Global equity boutique, GQG Partners, have completed a INR 15,446 Cr (USD1.87 Bn) investment in a portfolio of Adani Companies.
- Investments across Adani Ports and Special Economic ...
Azure Power Receives NYSE's Grant of Extension Regarding Delayed Filing of 2022 Annual Report
2/15/2023 - Azure Power Global Limited received a letter from the New York Stock Exchange (the "NYSE") on February 14, 2023, notifying that the NYSE's Listings Operations Committee agreed to provide the Company w...
Tata Power Partners with Contour for Blockchain-Based Digital Trade Finance Network
1/30/2023 - Becomes the first Power Utility in India to implement end-to-end digital Letter of Credit settlement process

Tata Power, one of India’s leading integrated power companies, has partnered wit...
Tata Power Signs up for MUFG's Finance Facility to Expand its Clean Energy Portfolio
12/23/2022 - MUFG Bank, Ltd. (MUFG), Japan’s premier bank, announced that it has executed an INR 450 crore sustainable trade finance facility for Tata Power, one of India’s leading integrated power companies.
L&T Closes $ 107M Sustainability Linked Loan (SLL) with Sumitomo
12/1/2022 - Larsen & Toubro Limited (“L&T”) has successfully closed a three-year USD 107 million sustainability-linked loan from Sumitomo Mitsui Banking Corporation ("SMBC”) on November 30, 2022, with SMBC appoin...

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