Hindustan Power plans to raise around Rs 6,000 crore in next two years

Hindustan Power plans to raise around Rs 6,000 crore in next two years

Hindustan Power is targeting to raise around Rs 6,000 crore over the next two years to add 5 -6 GW of solar power capacity.

“I think our goal to build out 5-6 GW of solar over the next five years both in India and outside India and that would be somewhere in the range of around a billion dollars (around Rs 6,000 crore) of equity,” Hindustan Power Chairman Ratul Puri said on the sidelines of a function here.

“So, that would be raised over the next couple of years through internal cash generations and from external investors or potentially divesting some assets..potentially a combination of all these three,” Puri said. Read More…

 

 

Credit By: The Economic Times

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