Solar Developer ReNew Power Raises $450 Million Through Dollar Bond Issue

Solar Developer ReNew Power Raises $450 Million Through Dollar Bond Issue

ReNew Power Private Limited, a domestic renewable project developer, has raised $450 million (~₹31.96 billion) through a dollar bond issuance. Mercom confirmed the deal with the parties involved. The bonds ...
REC Raises $700 Million Through Global Medium-Term-Note Program

REC Raises $700 Million Through Global Medium-Term-Note Program

The REC Limited (Formerly, Rural Electrification Corporation of India), a public sector enterprise under the Government of India, has raised $700 million through initial foray of its $5 billion global ...
/ / Finance and M&A, Solar
SDMC Earns ₹0.96 Million by Selling Surplus Rooftop Solar Power

SDMC Earns ₹0.96 Million by Selling Surplus Rooftop Solar Power

The South Delhi Municipal Corporation (SDMC) has announced that it has become country’s first civic body to generate solar power through rooftop solar installations atop 55 of its buildings, earning ...
/ / Rooftop, Solar
ReNew Power Raises $352 Million

ReNew Power Raises $352 Million to Pursue Expansion Plans

Indian renewable energy project developer ReNew Power has raised ₹22.35 billion (~$352 million) to be used for its expansion and loan-payment plans. Confirming the development, a source at ReNew Power told ...
/ / Finance and M&A, Solar