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
Tata Power Renewable Energy Raises $86 Million was originally published on CleanTechnica.
To read more from CleanTechnica, join over 50,000 other subscribers: Google+ | Email | Facebook | RSS | Twitter.

Read Full Article Here

For more great articles: Clean Technica

(Visited 7 times, 1 visits today)

Comments

comments



© 2014 RenewaNews