Confidence Petroleum raises Rs 780 million
Through private placement, India’s largest LPG cylinder manufacturer and a leading private sector LPG retailer Confidence Petroleum India has raised Rs 780 million.
We support India's thrust on renew
In an exclusive interaction with Power Today, Werner Hoyer, President, European Investment Bank (EIB) says the EU's non-profit long-term lending institution will continue to extend support to renewable energy projects in India
NLC India to invest Rs 1.3 trillion
NLC India has lined up a capital expenditure of Rs 1.29 trillion in order to raise its capacity for mining and power generation. Of the total proposed investment, around 70 per cent would be funded through debt and the rest through equity, the company said.
Q4 2017 highlights VC/PE funding
ReNew Power Ventures - an Indian renewable energy project developer - secured ~$200 million (~Rs.13 billion) from the Canada Pension Plan Investment Board in the form of compulsory convertible preference shares (convertible debt) that will convert to equity shares at the time of an initial public offering.
Sterlite Power to invest $10 bn in transmission lines in four years
Sterlite Power is seeking an investment of nearly $10 billion over the next three-four years for the expansion of its business in both domestic markets as well as overseas. The company had acquired the 28.4 per cent stake that Standard Chartered Private Equity (SCPE) held in its transmission business for Rs 1,010 crore, thus owning 100 per cent stake.
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