Ampin Energy Secures Rs 742 Cr Loan

21 Oct 2024 CW Team

Ampin Energy Transition, a renewable energy company, has secured a Rs 742 crore loan from Standard Chartered Bank to bolster its renewable energy initiatives in India. This financial backing will significantly support the company's plans for expanding its clean energy portfolio, particularly in solar energy projects. Ampin Energy’s focus on sustainability aligns with India’s broader renewable energy goals and the global shift towards greener energy sources.

The loan will be used to finance large-scale solar power projects, contributing to India's efforts to transition to cleaner energy and reduce its carbon footprint. The funding marks a key milestone for Ampin Energy as it continues to invest in renewable energy infrastructure across the country, focusing on solar farms and other sustainable energy solutions.

Standard Chartered Bank's investment demonstrates the growing confidence in India's renewable energy market and its potential to lead in green energy initiatives. As the world moves towards reducing dependence on fossil fuels, such financial partnerships play a critical role in accelerating the energy transition. The loan is part of broader efforts to meet global climate goals, and this financing will enable Ampin Energy to enhance its capacity and contribute significantly to the development of renewable infrastructure in India.

The loan reinforces the importance of financing in the energy sector, with banks playing a pivotal role in driving sustainable projects. By investing in renewable energy firms like Ampin, financial institutions are helping to ensure a greener future, supporting projects that will have a long-lasting impact on the environment and contribute to reducing greenhouse gas emissions.

Infrastructure Urban

08 Apr 2026

UniAcoustic, Vicoustic Form UniVicoustic Alliance

UniAcoustic, part of United Group, has acquired a strategic stake in Portugal-based Vicoustic, forming a new alliance branded as UniVicoustic. The agreement, signed in Mumbai, marks a significant cross-border partnership aligned with evolving India–EU trade dynamics.The collaboration brings together Vicoustic’s global expertise in architectural acoustic products with UniAcoustic’s manufacturing scale and distribution capabilities. The combined platform aims to expand market reach, integrate technology and optimise supply chains across key regions.The development comes amid progress in th..

Dalmia Bharat, Delhi PWD Revamp Under-Flyover Spaces

Dalmia Bharat has partnered with the Public Works Department (PWD), Government of Delhi, to redevelop select under-flyover spaces and a road stretch into sustainable urban hubs. The agreement covers key locations including Lodhi Flyover, Oberoi Flyover, Mangi Bridge and Hanuman Setu.Under the initiative, the company will undertake design, landscaping, plantation and long-term maintenance of the sites, with a defined upkeep period of three years after completion. The project aims to improve urban aesthetics while promoting environmental sustainability and biodiversity restoration in high-densit..

Versigent Debuts as Independent NYSE-Listed Company

Versigent has launched as an independent publicly traded company following its separation from Aptiv, with shares commencing trading on the New York Stock Exchange under the ticker “VGNT”. The move marks a significant milestone in the company’s transition into a standalone global player in power distribution systems.The company specialises in the design, manufacturing and delivery of low- and high-voltage electrical architectures, supported by engineering centres across four continents and manufacturing operations in over 25 countries.Versigent reported revenues of $8.8 billion, net inco..