The completion of the transaction is subject to the fulfilment of conditions precedent and necessary regulatory approvals.
(This Feb. 12 story has been corrected to fix the company name to British International Investment from British International Investment Fund in paragraph 4) (Reuters) - State-owned explorer Oil and ...
The deal marks ONGPL’s first major investment since its inception, and will accelerate India's renewable energy transition ...
Ayana Renewable Power has a 5-gigawatt portfolio of operational and under-construction projects and plans to build a 10-GW ...
ONGC wants to build a renewable energy portfolio of 10 gigawatts (GW) by 2030, while NTPC is looking at a renewable energy ...
The deal aligns with the broader vision of the JV's ultimate Parent Companies (ONGC and NTPC) to achieve their Net Zero ...
ONGC-NTPC Green Pvt Ltd's joint venture signed a $2.3 billion deal to acquire Ayana Renewable Power Pvt Ltd, marking their ...
The company's joint venture with NTPC's green energy arm, ONGC NTPC Green Energy (ONGPL) has also signed share purchase ...
Ayana Renewable Power is among India’s major renewable energy organizations, primarily focused on large-scale solar and wind ...
This marks the first such strategic investment by a government-owned company in the Indian renewable energy sector ...
Launched by the British International Investment in 2018, Ayana secured investment from NIIF and Eversource in 2019, ...
New Delhi A joint venture of ONGC and NTPC has signed a deal to acquire renewable energy firm Ayana for an enterprise value ...