Tata Power Renewable Energy Raises $86 Million

By Saurabh Mahapatra The renewable energy arm of one of the leading private power generation companies in India has raised fresh funding. Tata Power Renewable Energy raised Rs 575 crore (US$86 million) through the issuance of non-convertible debentures (NCDs) on a private placement basis. The funds raised will be use to retire high-cost debt in the company. Tata [&hellip
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