Greenko Energy Holdings

AM Green Power BV, which has ties to Greenko's founders, plans to raise an $800 million loan to acquire the stake from Japanese financial group Orix Corp

The Singaporean sovereign wealth fund is in initial discussions with financial advisers to help evaluate a full or partial sale of its holding in Greenko

Greenko will supply green ammonia from Phase 1 of its ammonia production facility in Kakinada, India

Among its peers, ReNew is closest with 8.3 GW, followed by Tata Power and Greenko Energies with close to 4 GW capacity each. State-owned NTPC has a 3.2 GW green energy capacity

Serentica Renewables (Serentica) on Monday said it has signed an agreement with Greenko Group for taking daily supply of 1,500 megawatt (MW) from energy storage facilities. The power will be sourced from Greenko Group's upcoming energy storage projects in Andhra Pradesh and Madhya Pradesh and supplied to industrial customers, Serentica said in a statement. "Serentica has signed a first-of-its-kind standalone energy storage capacity offtake contract with global energy storage developer, Greenko Group. As part of this contract, Serentica will leverage Greenko's unique energy storage capabilities to utilise a cumulative 1,500 MWhr capacity," it said. The agreement is for a period of 25 years. Pratik Agarwal, Director, Serentica Renewables, said, long duration energy storage is critical to decarbonizing the country's energy consumption and reducing greenhouse gas emissions. The unique energy storage capacity offtake contract with Greenko puts Serentica on an accelerated trajectory in

Last month, Greenko emerged the lowest bidder for the first green hydrogen manufacturing project by an oil refinery in the country

The Greenko Group, one of India's leading energy transition companies, will invest Rs 10,000 crores in a Pumped Storage Project (PSP) near Gandhi Sagar in Madhya Pradesh's Neemuch district

The increased expenses slashed profits of some of the biggest mills in India at a time when commodity prices were rallying to multi-year highs

Govt had launched a green hydrogen policy in February this year. Companies like Reliance, Larsen & Tourbo and Adani have announced projects worth Rs 6 trillion. So how is this sector shaping up?

Capex intensity and the pace of receivables collection from distribution companies will dictate ratings trajectory for Greenko Energy Holdings and ReNew Power, Fitch Ratings has said in a new report

Moody's said India's renewable energy sector grew by 20% in the last five years

The combined deal of Orange and Skeiron would add 1,300 MW of wind and solar power to the overall operational capacity of Greenko to 4.5 GW of wind, solar and hydroelectricity

Fitch said Greenko wouldn't see any major change in its credit profile after the acquisition