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Exclusive: IFC weighs $500 mn financing for India's smart meter programme

Infrastructure

31 May, 2023

Exclusive: IFC weighs $500 mn financing for India's smart meter programme

International Finance Corporation (IFC) could provide as much as $500 million (around Rs 4,100 crore) to companies engaged in the ......

Grapevine: CPPIB, ADIA eye India's smart meter rollout; DHFL bidders mull walkout

General

26 November, 2020

Grapevine: CPPIB, ADIA eye India's smart meter rollout; DHFL bidders mull walkout

Canada Pension Plan Investment Board (CPPIB) and sovereign wealth fund Abu Dhabi Investment Authority (ADIA) are interested in investing in ......

Grapevine: Energy Efficiency Services mulls solar JV; Karaikal Port up for sale

General

10 July, 2020

Grapevine: Energy Efficiency Services mulls solar JV; Karaikal Port up for sale

State-run Energy Efficiency Services Ltd (EESL) is in talks with oil major Royal Dutch Shell and at least two other ......

IntelliSmart Infrastructure appoints Sterlite Power exec as CEO

Infrastructure

07 April, 2020

IntelliSmart Infrastructure appoints Sterlite Power exec as CEO

IntelliSmart Infrastructure Pvt. Ltd, which handles the implementation, finance and operation of a smart meter rollout programme for distribution companies, ......

Grapevine: Fosun to buy 2 Pfizer factories; Sunil Mittal to up stake in CG Power

General

03 October, 2019

Grapevine: Fosun to buy 2 Pfizer factories; Sunil Mittal to up stake in CG Power

Gland Pharma, owned by Chinese firm Fosun Pharma, has emerged as the front-runner to acquire the two factories in Chennai ......

Energy Efficiency Services unit buys UK-based Edina for $76 mn

Infrastructure

21 March, 2018

Energy Efficiency Services unit buys UK-based Edina for $76 mn

EESL EnergyPro Assets Ltd, a subsidiary of state-run Energy Efficiency Services Ltd (EESL), has acquired UK-based power generation solutions provider ......