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- ONGC NTPC Green Acquires Ayana Renewable Power in Landmark $2. 3 Billion . . .
DEWA Issues 51 Solar-Friendly Power Certificates to Boost Industrial Clean Energy Adoption (NGEL), has signed a Share Purchase Agreement (SPA) to acquire a 100% equity stake in Ayana Renewable Power Private Limited (Ayana) The acquisition, valued at INR 195 billion (USD 2 3 billion), is a significant milestone in India’s renewable energy
- ONGC NTPC Green to Acquire 100% Stake in Ayana Renewable
Ayana Renewable Power Private Limited (Ayana) is a leading player in the renewable energy sector having 4 1 GW operational and under-construction assets with a development pipeline of 1 GW A majority of Ayana's portfolio is strategically located in resource-rich states and is contracted with high credit-rated off-takers such as SECI, NTPC
- NIIF, BII, Eversource to exit Ayana Renewable in $2. 3-bn deal
Ayana has close to 4 1 GW in operational and under-construction wind and solar assets This is ONGPL’s first acquisition since its establishment in November 2024, marking its expansion into the renewable energy sector The JV’s parent entities, ONGC and NTPC, have set a target to be net-zero by 2038 and 2050, respectively, the two companies
- ONGPL Signs Share Purchase Agreement for 100% Acquisition of Ayana . . .
Ayana, a leading player in the renewable energy sector, majority owned by NIIF, has c 4 1 GW operational and under-construction assets A majority of Ayana’s portfolio is strategically located in resource rich states and is contracted with high credit rated off-takers such as SECI, NTPC, GUVNL, Indian Railways, among others
- ONGC-NTPC Green JV Acquires Ayana Renewable Power for $750 Million
The $750 million acquisition of Ayana Renewable Power by ONGC NTPC Green Pvt Ltd is more than just a corporate deal; it is a significant leap in India’s journey toward sustainable energy As ONGC and NTPC Green expand their renewable energy portfolios, the acquisition positions them to meet India’s renewable energy targets and contribute to
- ONGC NTPC Green buys Ayana Renewable in Rs 19,500-crore deal
Ayana, majority owned by NIIF, has 4 1 GW operational and under-construction assets (Reuters) ONGC NTPC Green (ONGPL) signed an agreement on Wednesday to buy Ayana Renewable Power from National
- ONGC NTPC Green Acquires Ayana Renewable Power in $2. 3 Billion Deal to . . .
ONGC NTPC Green Private Limited (ONGPL) acquires Ayana Renewable Power for INR 195B ($2 3B), marking its first strategic acquisition Ayana’s 4 1 GW operational and under-construction portfolio accelerates ONGPL’s renewable energy ambitions The deal aligns with India’s goal of 500 GW renewable capacity by 2030 and Net-Zero emissions by 2070
- ONGC NTPC Green acquires Ayana Renewable Power
ONGC NTPC Green Pvt Ltd (ONGPL), a 50:50 joint venture between ONGC Green and NTPC Green Energy, has signed a share purchase agreement to acquire a 100% equity stake in Ayana Renewable Power (Ayana) The agreement was signed with National Investment and Infrastructure Fund (NIIF), British International Investment Plc (BII) and its subsidiaries
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