Monthly Archives: September 2017

Energy firm ACME applies to Sebi for Rs 2,200-cr IPO

Renewable energy firm ACME Solar Holdings has filed preliminary papers with Sebi to raise Rs 2,200 crore through an initial public offering, according to draft papers filed with the markets regulator. Funds raised through the issue would be used to pay debt and to finance the company’s 200 MW solar power project in Rajasthan and

IGL steps on the gas, to put in Rs 600 crore for expansion

Indraprastha Gas Ltd will invest Rs 600 crore this fiscal to expand operations, including starting CNG and piped cooking gas retailing in three cities of Haryana. IGL, the sole supplier of CNG to automobiles and piped natural gas (PNG) to households in the national capital and adjoining cities of Noida, Greater Noida and Ghaziabad, is

Tech Mahindra, Power Ledger to test MaaS-based electricity solution

IT firm Tech Mahindra, in collaboration with electricity trade platform provider Power Ledger, on Friday announced a series of trials to develop a new mechanism of electricity production through ‘Microgrid-as-a-Service’ (MaaS). MaaS is an integrated platform incubated by Tech Mahindra to create a new model in the electricity market which will enable building owners, campuses,

NH widening scam: Secy seeks security

A state-level committee on security under the Department of Home will look into the issue of providing gunners to Secretary, Department of Agriculture Senthil Pandiyan, who, fearing harm for himself and his family, has made a request for providing security to the Department of Personnel.