Vestas: Navigating Geopolitical Challenges in Wind Energy
JSW in talks with PE firm to join Holcim cement operations
JSW Group has started a discussion with a private equity company (PE), Carlyle, to join forces and support an offer for Indian Holcim cement operations.
Holcim Group put its arm registered in Ambuja Cement, and ACC Cement sold as part of a global strategy to focus on the core market. JSW is fundraising Rs 18,750 crore from the PE group as a consortium. More than one PE group will likely work and bid together with JSW Group. Apollo Global Management and Synergy Metals Holdings Investasi are the two investors in JSW Cement. Both the companies invested Rs 1,500 ..Adani Energy Acquires Essar's Transmission Assets
Adani Energy has finalised the acquisition of Essar's Mahan and Sipat transmission assets for a sum of Rs 1900 crore. This significant move underscores Adani's strategic expansion within the energy sector and consolidates its position as a key player in India's power transmission domain.
The acquisition of Essar's transmission assets represents a strategic investment for Adani Energy, enabling the company to augment its infrastructure and bolster its transmission network. With the addition of these assets, Adani strengthens its operational footprint, enhancing its capacity to deliver r..
IEX Q4 Net Profit Grows 9.5%
The Indian Energy Exchange (IEX) has reported a significant uptick in its net profit for the fourth quarter, marking a notable growth of 9.5%. This financial performance underscores the resilience and strength of the company's business model in navigating through dynamic market conditions within the energy sector.
The impressive growth in net profit reflects IEX's robust operational performance and effective strategic initiatives aimed at enhancing efficiency and driving sustainable value creation. As a leading power trading platform in India, IEX plays a pivotal role in facilitating t..