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India’s Power Sector Witnesses Non-Utility Solar Boom, Says SBI CAPS Report

SBI CAPS reports India’s non-utility solar surge in 2024, with rooftop and off-grid installations contributing 25 percent of solar additions. Supported by policies, subsidies, and cost reductions, annual non-utility solar growth could reach 20 GW by FY27.

SBI Capital Markets | January 18, 2025 | By EI News Network | 565

UTL Solar Files DRHP with SEBI to Raise Funds via IPO

Greater-Noida-based Fujiyama Power Systems (UTL Solar) has filed its DRHP with SEBI for an IPO comprising a fresh issue of INR 700 crore and an OFS of 2 crore shares, aimed at funding new manufacturing facilities, debt repayment, and corporate purposes.

SBI Capital Markets | January 01, 2025 | By Mrinmoy Dey | 964

Transmission Infrastructure Crucial for India’s Renewable Energy Goals, Says SBICAPS Report

A recent SBI Capital Markets report highlights the crucial role of transmission infrastructure in integrating India’s renewable energy capacity. With significant renewable additions expected, a rapid expansion of transmission lines and substations is necessary to meet future energy demands and ensure grid stability.

SBI Capital Markets | November 30, 2024 | By EI News Network | 1703

Waaree Energies IPO to Open for Subscription on Oct 21, Price Band Set at INR 1427-1503 Per Share

Waaree Energies Ltd. has announced the price band for its IPO, set between INR 1,427 and INR 1,503 per share, aiming to raise INR 4,321 crore to fund a new 6 GW solar manufacturing facility and general corporate purposes.

SBI Capital Markets | October 16, 2024 | By Mrinmoy Dey | 1158