ReNew Power Raises Rs.5 Billion Through Green Bonds
November 17, 2016
Follow Mercom India on WhatsApp for exclusive updates on clean energy news and insights
ReNew Power, announced its first public issue of non-convertible debentures (NCDs) with a face value of Rs.1 million (~$14,744) each, aggregating Rs.5 billion (~$73.72 million). Funding raised will be utilized towards the development of wind power projects in the state of Madhya Pradesh.