non-convertible-debentures

IndiGrid Raises ₹11.4 Billion from IFC Through Debenture Issue

IndiGrid, which is the first power sector Infrastructure Investment Trust (InvIT) to be listed on the stock exchange in India, has announced that the International...

April 21, 2023

Rakesh Ranjan

Finance and M&A

Grid

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...

January 10, 2018

Wendy Prabhu

Finance and M&A

Solar

Azure Power to Raise $500 Million (~Rs.32 Billion) from Sale of Bonds

Azure Power, an Indian solar power producer, will issue and raise around $500 million (~Rs.32 billion) from the sale of bonds to overseas investors. It bond offering was...

August 1, 2017

Saumy Prateek

Finance and M&A

Other

Month in a Minute: Important Headlines and Data Points from the Indian Renewable Sector in April 2017

Mercom India forecasts cumulative installations in the calendar year 2017 to reach 10 GW. The European Investment Bank (EIB) approved a EUR 200 million (~Rs.13.8...

May 2, 2017

Priya Sanjay

Markets & Policy

Solar

Fotowatio Renewable Ventures Raises $29 Million from IFC to Fund 100 MW Solar Projects in Andhra Pradesh

Fotowatio Renewable Ventures (FRV), has raised $29 million (~Rs.1.86 billion) in non-convertible debentures (NCDs) from the International Finance Corporation (IFC) to...

April 27, 2017

Wendy Prabhu

Finance and M&A

Solar

...