Juniper Green Energy turns public in run-up to IPO
In preparation for its initial public offering (
IPO
), renewable power producer
Juniper Green Energy
has transitioned from a private entity into a public company. The entity has been renamed from Juniper Green Energy Pvt Ltd to Juniper Green Energy Ltd, data with the Ministry of Corporate Affairs showed.
The move has paved the way for the filing of draft IPO documents with markets regulator
Sebi
.
Market sources said that the Delhi-based company is expected to soon file its IPO papers with Securities and Exchange Board of India (Sebi).
Juniper Green Energy is an independent
renewable energy
power producer in India, focused on the development, construction and operations of
utility-scale solar
, wind, and hybrid renewable energy projects. The company has grown its operational capacity to 1.1 GWp.
Juniper Green Energy is part of AT Capital Group, a globally diversified investment group with a focus on sectors such as renewable energy, real estate, private and structured credit, and public markets.
Earlier this month, Juniper Green Energy appointed Ankush Malik as its Chief Executive Officer, who has more than 15 years of experience in the power sector.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Time of India
an hour ago
- Time of India
IT employees raise red flag, Karnataka's labour department says no change in weekly hours
Bengaluru: Even as the Karnataka labour department insists that proposed amendments to the Karnataka Shops and Commercial Establishments Act-1961 will not breach the 48-hour weekly cap, the state's tech workforce remains unconvinced. The Karnataka State IT/ITeS Employees Union (KITU), which led a protest in Bengaluru, argued that the proposed amendments would institutionalise excessive workloads. The department, however, claims the changes are intended to provide "flexibility" to employers and employees, allowing them to complete their weekly quota over fewer days. At the centre of the controversy is the department's plan to increase daily working hours from 9 to 10, and the maximum permissible overtime from 50 to 144 hours per quarter. This could allow for up to 12-hour workdays, including overtime. Citing long-standing concerns over unpaid overtime and chronic overwork, many fear the draft amendments will legalise exploitative practices that have become rampant in the IT and ITeS sector. "Even if you cap the week at 48 hours, that still averages to about 9.6 hours over five days. Add the legalised overtime — about 2.5 hours per day — and we're back to 12-hour shifts. And overtime compensation? It doesn't exist in practice," an IT employee said. Employees told TOI that existing loopholes enable companies to demand long hours without paying for them. The fear now is that the amendments will provide a legal cover for what is currently an unspoken but widely followed practice. KITU general secretary Suhas Adiga, who attended a recent stakeholders' meeting organised by the department, pointed out lack of transparency. "We asked for data on how many employees are working overtime and what they're paid. The minister admitted that not a single company responded. There's no data. No accountability," he said. KITU's official stance is that the move will exacerbate health risks, erode work-life balance, and push employees further into burnout. Chitra Banu, KITU member, was unequivocal in her stance. "It won't get implemented; we won't let it happen." Not everyone in the industry opposes the move. Adithya M, who works at a Bengaluru-based startup, said: "I've been working 10–12 hour days anyway. My body and mind are used to it. This isn't a big deal for startup folks." According to union leaders, this is precisely the problem — the new norms are merely catching up with exploitative realities instead of challenging them. "Now that 144 hours of overtime per quarter is legal, we're just putting a rubber stamp on what's been happening illegally," KITU secretary Sooraj Nidiyanga said. The labour department maintains that the changes are aligned with International Labour Organisation (ILO) norms and are part of broader efforts to modernise labour law. But the discontent from the ground tells another story — one of disconnect between legislative intent and lived experience. For now, the IT sector's fears remain unresolved, with trust in short supply and clarity even shorter.
News18
an hour ago
- News18
PM Modi Welcomes QS World Rankings 2026 After Indian Universities Make Significant Advancements
QS World Rankings 2026: IIT Delhi has notably improved, moving up 27 positions to achieve the 123rd rank, a considerable leap from last year's 150th place. QS World Rankings 2026: Prime Minister Narendra Modi recently expressed his approval of the QS World University Rankings 2026, highlighting significant advancements made by Indian institutes this year. The Indian Institute of Technology (IIT) Delhi has notably improved, moving up 27 positions to achieve the 123rd rank, a considerable leap from last year's 150th place. 'The QS World University 2026 Rankings bring great news for our education sector. Our Government is committed to furthering research and innovation ecosystems for the benefit of India's youth," the prime minister posted on X. A total of 54 Higher Educational Institutions from India have been featured in the QS World University 2026 Rankings, marking a new high for the country, Education Minister Dharmendra Pradhan announced. The number of Indian universities in these rankings has increased from just 11 in 2014 to 54 in the latest list, he posted on X. This is a 390 per cent increase over the past decade. Pradhan expressed confidence that with the National Education Policy's focus on research, innovation, and internationalisation, even more Indian higher education institutions will achieve global excellence in the future. He added that India boasts the fastest-growing education system among G20 countries and ranks fourth in representation, following the US, UK, and China. Meanwhile, as per the QS rankings 2026, IIT Bombay slipped 11 places to 129th. In 2025, it was ranked 118th However, it remains the second-best ranked Indian institution globally. IIT Madras recorded one of the most dramatic improvements in 2026 – leaping 47 places to reach the 180th spot. This is the first time it has entered the global top 200. The QS World University Rankings, published annually by global higher education analytics firm Quacquarelli Symonds, assess universities based on a variety of performance indicators including academic reputation, faculty-student ratio, research impact, international student diversity, and graduate employability. First Published:
Time of India
an hour ago
- Time of India
30 new AC e-buses roll in, Aapli Bus EV fleet to grow to 260
1 2 Nagpur: The city's push towards cleaner and greener public transport is gaining pace, with 30 new air-conditioned electric buses arriving this week under the much-delayed 250 e-bus project sanctioned in 2023 by then deputy chief minister Devendra Fadnavis. These buses will soon be inducted into the Aapli Bus service, increasing the electric vehcile fleet from 230 to 260. The Aapli Bus fleet now comprises a total of 539 buses, including 150 midi buses, 45 mini buses, and 237 standard diesel buses procured under the Jawaharlal Nehru National Urban Renewal Mission (JNNURM). Out of the 230 electric midi buses already in service, 184 are air-conditioned while 46 are non-AC. Many of the 237 standard diesel buses have surpassed their 15-year lifespan. Nagpur Municipal Corporation (NMC) has already begun phasing them out. In the first phase, 123 such ageing buses were scrapped, and more are expected to be replaced gradually as electric buses arrive. In 2023, Fadnavis sanctioned Rs136 crore for the procurement of 250 AC e-buses. However, the project was marred by delays, including the enforcement of the model code of conduct during the Lok Sabha and state assembly elections. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Costco Shoppers Say This Wrinkle Cream Is "Actually Worth It" The Skincare Magazine Undo The Rs550 crore project finally gained traction in 2024 when NMC awarded the contract to Hansa Vahan India Private Limited, which partnered with EKA Mobility for the execution. "NMC twice floated tenders for this project. Hyderabad-based Olectra and Nagpur-based Hansa Vahan India Pvt Ltd emerged as top contenders. Hansa's competitive bid of Rs62.84 per km was significantly lower than Olectra's Rs77.91, leading to the selection of the local firm. NMC issued the Letter of Award on October 11, 2023, and gave the firm 300 days to supply and operate all 250 buses," said a senior transport official. As per the Request for Proposal (RFP), the selected contractor is to operate the 250 air-conditioned electric buses under this scheme at a cost of Rs62.91 per kilometre. The state govt is offering a subsidy of Rs55 lakh per bus, while the remaining cost will be borne by the operator. NMC will pay the operator based on the kilometres operated. The official added that NMC has already received the first lot of 30 e-buses from the company. Construction of depots is underway at Wathoda and Khapri. Meanwhile, the company has been temporarily allotted space at the Matrishakti E-Depot in Lakadganj for setting up a charging station, allowing it to begin operations while permanent infrastructure is developed. In addition, the civic body is expecting the first lot of e-buses next month as part of the 150 sanctioned under the Pradhan Mantri e-Bus Sewa scheme. Besides this, NMC has also sent a proposal to the PMe-Bus Sewa scheme to allocate another 240 e-buses. "By next year, NMC plans to phase out the remaining JNNURM standard buses. By 2029, our target is to convert the entire city fleet to electric, achieving zero emissions in public transport operations," the official said.
