Acquisitions and Divestitures News in India

Synergia Energy Announces Cambay Farm out and CCS Update
2/27/2023 - ynergia Energy Ltd ("Synergia") is pleased to provide the following update concerning the Cambay field. Roland Wessel, Synergia's CEO, visited several companies in Delhi and Ahmedabad concerning the C...
GE Acquires 49% Stake in Continuum Onshore Wind Farm in India
12/15/2022 - - GE Energy Financial Services invests via bespoke structured preferred equity in Continuum’s 148.5 MW Morjar wind power project in Gujarat, India.
- The project will be equipped ...
Actis Backed BluPine Energy Acquires 404MWp Operating Solar Portfolio
11/24/2022 - Actis, a leading global investor in sustainable infrastructure, has announced that its portfolio company, BluPine Energy, a renewable wind and solar power generation and storage business, has complete...
EPTL & EPL Concludes $2.05BN (?16,50 0 CRORE) Transaction of Port & Power Infra Assets with AM/NS
11/21/2022 - Essar Ports & Terminals Ltd (EPTL) and Essar Power Ltd (EPL) concluded the US$ 2.05 billion (?16,500 crore) sale of captive ports and power assets located in Hazira and Paradip to Arcelor Mittal Nippo...
Adani Ports and Special Economic Zone Gets NCLT Approval for the Acquisition of Gangavaram Port
10/10/2022 - • With the acquisition of the remaining 58.1% stake, APSEZ will own 100% of Gangavaram Port; this stake purchase is through a share swap arrangement
• Gangavaram Port is the third largest non-ma...
Virescent Infrastructure to Acquire Assets from Jakson Group
9/2/2022 - Virescent Renewable Energy Trust (“VRET or Virescent”), a renewable energy platform backed by the leading global investment firm KKR in India, is in advance stages of discussions for acquisition of ar...
Climate Investment Fund and klp Invest Big in Indian Solar
8/19/2022 - The new Norwegian Climate Investment Fund, managed by Norfund, and KLP, Norway’s largest pension company, have entered into an agreement to take a 49% stake in a 420 MW solar power plant in India deve...
ThomasLloyd Energy Completed the Acquisition of A 43% Interest in SolarArise
8/16/2022 - ThomasLloyd Energy Impact Trust plc, the renewable energy investment trust providing direct access to sustainable energy infrastructure in fast growing and emerging economies in Asia, is pleased to an...
ThomasLloyd Energy Announces Additional SolarArise Investment
6/21/2022 - The Board of ThomasLloyd Energy Impact Trust plc, the renewable energy investment trust providing direct access to sustainable energy infrastructure in fast growing and emerging economies in Asia, is ...
Oilex Announces Cambay PSC Participating Interest Assignment
2/7/2022 - Oilex Ltd (Oilex or the Company) is pleased to announce that the Government of India Ministry of Petroleum and Natural Gas has approved the transfer of assignment of the 55% Participating Interest (PI...
Adani Completes Acquisition of the 5 GW Renewable Portfolio of SB Energy
10/4/2021 - Following the completion of Adani Green Energy’s (AGEL) acquisition of 100% interest in SB Energy India from SoftBank Group Corp (“SBG”) (80%) and Bharti Group (20%) announced on 19th May 2021, TotalE...
Cambay India Update and UK Exploration Licence P2446
9/17/2021 - Cambay India Update
Following the execution of the sale and purchase agreement to purchase the Gujarat State Petroleum Company's 55% participating interest in the Cambay Production Sharing Contra...
Oilex Announces Bhandut Sale Completed
5/28/2021 - Oilex Ltd advises that the sale of its 40% participating interest (PI) in the Bhandut Production Sharing Contract (Bhandut PSC) has now completed following the receipt of US$290,000 from the buyer. A...
Oilex Completes Sale of Participating Interest in Bhandut PSC
4/13/2021 - Oilex has announced that all necessary approvals from the Government of India (GoI) for the sale of its Participating Interest (PI) in the Bhandut PSC have now been completed. Following the approval f...
RJIL Signs Agreement with Bharti Airtel
4/6/2021 - Reliance Jio Infocomm Ltd (“RJIL”) announced that it has entered into a definitive Agreement with Bharti Airtel Limited for acquisition of right to use spectrum in the 800MHz band in Andhra Pradesh, D...
Azure Power Sells Non-core Solar Rooftop Portfolio to Radiance Renewables
4/5/2021 - Azure Power Global Limited, a leading solar power producer in India, announced it has signed a binding agreement to sell its non-core solar rooftop portfolio to Radiance Renewables Pvt. Ltd. (Radiance...
HPCL Acquires Balance 50% Stake in Chhara LNG Terminal
3/30/2021 - Hindustan Petroleum Corporation Limited (HPCL) has acquired the balance 50% equity stake in ‘HPCL Shapoorji Energy Private Limited (HSEPL)’ from M/s S P Ports Pvt Ltd on 30th March 2021. Post-acquisit...
OIL Led Consortium to Bid for Acquiring Stake of BPCL in Numaligarh Refinery
2/18/2021 - Oil India Limited (OIL) in consortium with Engineers India Limited (EIL) has decided to bid for acquiring 61.65% stake of Bharat Petroleum Corporation Limited (BPCL) in Numaligarh Refinery Limited (...
Update Regarding Oilex's Proposal to Acquire Cambay PSC
2/15/2021 - On 9th September 2019, Oilex Ltd (Oilex or the Company) announced it had reached an agreement with Gujarat State Petroleum Corporation (GSPC) pursuant to which GSPC would enter into a sale process for...
Total Acquires 20% Interest in the Largest Solar Developer in the World
1/18/2021 - Total announces the acquisition of a 20% minority interest in Adani Green Energy Limited (AGEL) from Adani Group. ...

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