Ayana Renewable Power has a 5-gigawatt portfolio of operational and under-construction projects and plans to build a 10-GW ...
ONGC and NTPC Green Energy have announced their joint venture's acquisition of Ayana Renewable Power, valued at $2.3 billion, ...
Launched by the British International Investment in 2018, Ayana secured investment from NIIF and Eversource in 2019, ...
This marks the first such strategic investment by a government-owned company in the Indian renewable energy sector ...
The deal aligns with the broader vision of the JV's ultimate Parent Companies (ONGC and NTPC) to achieve their Net Zero ...
The acquisition comes at a time when large power producers in India are betting big on renewables and making pledges to ...
The completion of the transaction is subject to the fulfilment of conditions precedent and necessary regulatory approvals.
The deal marks the JVs first strategic investment since its inception in November 2024, underscoring its commitment to ...
The deal marks ONGPL’s first major investment since its inception, and will accelerate India's renewable energy transition ...
The agreement was signed on 12 February 2025 with the National Investment and Infrastructure Fund (NIIF), British ...
Ayana Renewable Power is among India’s major renewable energy organizations, primarily focused on large-scale solar and wind ...
New Delhi A joint venture of ONGC and NTPC has signed a deal to acquire renewable energy firm Ayana for an enterprise value ...