PTT GROUP AND RENEW POWER DEAL CANCELLED

HIGHLIGHTS

• The deal between PTT Group and ReNew has been cancelled.
• Now PTT is considering to invest in renewable energy on many projects in the targeted countries including India.
• ReNew has acquired RMG Acquisition Corp.

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Azure Power Solar Energy to raise bonds at 5.65 pct

The latest news alleges Azure Power Solar Energy’s pricing dollar bonds. The final price target allegedly stood at 5.70% (+/-5 basis points) in order to close the deal. This news has made Azure Power Solar Energy the third Indian firm to work for the dollar bond market this month. Power Finance C...