Tag: equity
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Cabinet Approves Enhanced Delegation of Powers to POWERGRID; Equity Investment Limit Raised to ₹7,500 Crore per Subsidiary
By Enersider Desk | New Delhi The Union Cabinet has approved enhanced delegation of powers to Power Grid Corporation of India Ltd (POWERGRID), enabling the state-owned transmission company to step up investments in its core business and facilitate evacuation of renewable energy capacity, supporting the national target of achieving 500 GW of installed capacity from […]
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Inox Clean Energy raises Rs 3,100 crore through 6 pc equity sale
By PTI Inox Clean Energy has raised Rs 3,100 crore in an equity funding round diluting around 6 per cent stake to multiple foreign and domestic investors, sources said. In a statement on Wednesday, the company said it will utilise the proceeds towards achieving 10 gigawatt capacity target by FY28. Inox Clean Energy Ltd (Inox […]
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