REC Power Development and Consultancy Limited (RECPDCL) handed over two projects specific to Special Purpose Vehicle (SPVs) of ISTS Transmission Projects to Power Grid Corporation of India Limited on February 18 at Gurugram.
Bengaluru (Karnataka) [India], December 5: Tejas Networks (BSE: 540595) (NSE: TEJASNET) today announced that the company will be supplying its industry-leading GPON OLT, ONT and Management System for the state-led BharatNet Last Mile Connectivity (LMC) project in Tamil Nadu. The project is b
This transaction is linked to the Target SPV acquiring approximately 9 per cent of the fully diluted shareholding of GMR Airports Limited (GAL) from its promoter, GMR Enterprises Private Limited (GEPL), both before and after the subscription of OCDs.
PGCIL emerged as the Transmission Service Provider (TSP) for this project through a competitive bidding process conducted by RECPDCL under the Tariff-Based Competitive Bidding (TBCB) framework. The project will be developed on a Build, Own, Operate, and Transfer (BOOT) basis.
Chandigarh [India], October 24: Solidus Techno Power Pvt. Ltd. is proud to announce the successful completion of the 1MWp Grid-Connected Rooftop Solar Photovoltaic (SPV) Power Plant project nestled in the parking area near DT Mall, I.T. Park, and just a short stroll from The LaLit, Chandigar
Yadu Sports, a special purpose vehicle (SPV) established by Yadu International Limited (YIL) and owned by Dr Raghavpat Singhania and Madhavkrishna Singhania, promoters of JK Cement Limited, own the team. In a statement, they said, "Yadu Sports, a special purpose vehicle (SPV) established by
New Delhi [India], September 25: Further to our previous intimation dated 1st May 2024, regarding the strategic investment by New York Life Insurance Company ("NYL"), Max Estates Limited ("Max Estates") is pleased to announce the successful closure of the transaction with New York Life Insur
Adani Energy Solutions Ltd (AESL) on Monday stated that it has completed SPV acquisition of Khavda Phase IV Part-A transmission project after receiving a letter of intent (LOI) from REC Power Development and Consultancy.
In a move to bolster the country's logistics infrastructure, the government announced on Friday that it will actively promote the Public-Private Partnership (PPP) model on a project-specific Special Purpose Vehicle (SPV) basis to expand the Multi-Modal Logistics Parks (MMLPs) network across
According to Fitch's report, the rating on the notes reflects the 'bb' credit assessment of a restricted group of operating entities under ReNew Power Private Limited (BB-/Stable) - one of the largest renewable-energy independent power producers in India - notched down because of the orphan
It has been decided to form a new special-purpose vehicle (SPV) under the chairmanship of the Commissioner of the concerned division under the Companies Act 2013 for the operation, management, and maintenance of electric buses in these cities.