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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