Power Sector

The preferential allotment will increase Reliance Power's net worth from ₹11,155 Crore to above ₹12,680 Crore, according to a filing.

Inox Wind's recent fund offerings, together with its operational ramp-up, have resulted in a net cash positive balance sheet, according to the business.

During the performance of the agreement, disagreements emerged between the parties. Adaro sent a notification alleging a breach by TPCL.

The investment combined to ₹20,921.85 crore.

VIPL ceases to be a subsidiary of the company, and the company's entire obligations as a guarantor on behalf of VIPL are fully settled.

On June 17, 2022, Aurobindo purchased a 51% share in GLS Pharma from entrepreneur Suresh Pathak and his family members.

The 550 MW LoI is in addition to the company's prior order of 200 MW, bringing Inox Wind's order book to more than 3.5GW.

Reliance Power, Rosa Power Supply Company, VIPL, and CFM Asset Reconstruction Private Limited have signed a pact to settle outstanding debt.

The two firms represent a total capacity of 1,000 MW in standalone BESS projects granted through SECI's global competitive bidding process.

The facility is outfitted with modern TOPCon and Mono Perc technologies, allowing for high-efficiency manufacture of solar cells and modules.