NTPC has plans for a private placement of 7.37% secured non-convertible debentures to raise Rs39.25bn ($581.7m), which will be used to fund capital expenditure or refinance the debt of ongoing projects, as well as for general corporate purposes.
MJP International has signed a distribution agreement with O.C Construction, providing exclusive rights to sell and distribute its products in certain parts of Texas, US.
This agreement includes more than a dozen different types of wind turbine and solar panels, as well as other components.
MJP International specialises in green energy products and services, whereas O.C Construction is a general contractor specialising in residential and commercial construction.
Vinacomin Power Holding Corporation has agreed to issue 680m shares in an public offering.
The shares will be traded on Unlisted Public Company Market (UPCoM) at a starting price of VND14,000 ($0.62) a share.
Mobisol has raised equity financing of €14.62m ($15.43m) from International Finance Corporation (IFC), the Access to Energy Fund (AEF), and the MASSIF fund, which are managed by FMO-Netherlands Development Finance Company.
Mobisol intends to invest the funds to accelerate its growth in existing markets in Rwanda and Tanzania, as well as expand into Kenya.
PTC India has agreed to provide equity financing of Rs6bn ($88.86m) to renewable company PTC Energy.
The funds will support PTC Energy to generate 300MW of renewable power by March 2017.
China Datang Corporation has reached an agreement with Yungang Thermal Power Company and Linfen Thermal Power Company to form a joint venture (JV) known as Datang Shanxi Energy Marketing Company.
The new company will be engaged in the purchase and sale of thermal power, amongst other types. They will focus on operation of power distribution networks and providing consultancy services on energy conservation and power consumption.
The JV company formation is expected to enable the three partners to improve their profitability.