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The Power Grid Corporation of India Limited was incorporated on 23 October 1989 [5] under the Companies Act, 1956 with an authorized share capital of Rs. 5,000 Crore (subsequently enhanced to Rs. 10,000 Crore in Financial Year (FY) 2007–08) as a public limited company, wholly owned by the Government of India with 51.34% stake in the company as on 31 December 2020 and as principal electric ...
IndiGrid was established with Sterlite Power as its sponsor in October 2016, as per the SEBI InvITs Regulations. [7] [8] In May 2017, IndiGrid opened its initial public offer (IPO) to raise ₹2,250. It is the first power sector InvIT and the second InvIT to get listed on exchange after IRB InvIT Fund. [9]
By 2022, KPI Green Energy had secured agreements for 15.88 MW of wind-solar hybrid power with six companies [18] [19] and sold 7.50 MWp of solar power to Tata Motors Passenger Vehicles. [ 20 ] [ 21 ] Its subsidiary, Sun Drops Energia, launched a 2.10 MW Wind-Solar Hybrid Power Project .
BSE Limited, also known as the Bombay Stock Exchange (BSE), is an Indian stock exchange with highest number of companies (5,246 (as of 8th February 2022)) which is located on Dalal Street. [8] Established with the efforts of cotton merchant Premchand Roychand in 1875, [ 9 ] [ 10 ] it is the oldest stock exchange in Asia , [ 11 ] and also the ...
Over the course of two days, the BSE SENSEX in India dropped from 19,013 on Monday morning to 16,730 by Tuesday evening or a two-day fall of 13.9%. [66] Less than a month later, on 11 February 2008, the SENSEX lost 833.98 points, when Reliance Power fell below its IPO price in its debut trade after a high-profile public offer. [32]
The project was conceived by the latter when it won a Solar Energy Corporation of India's capacity bids for wind power projects connected to the National Grid. [ 12 ] In 2015–2016, Adani Renewable Energy Park Limited, a subsidiary of AGEL, signed a joint venture agreement with the Government of Rajasthan .
Central Government, through Ministry of Power in exercise of the power conferred by sub-section (3) of Section 26 and sub-section (2) of Section 27 of the Electricity Act, 2003 by notification dt. 27 September 2010 in the Gazette of India, notified that the Power System Operation Corporation Ltd (POSOCO), a wholly owned subsidiary of the Power Grid Corporation of India Limited (a Government ...
NHPC Limited (erstwhile National Hydroelectric Power Corporation) is an Indian public sector hydropower company that was incorporated in 1975 to plan, promote and organise an integrated and efficient development of hydroelectric power. Recently it has expanded to include other sources of energy like solar, geothermal, tidal, and wind.