ReNew Power looks to raise $150-200 million

29-May-2015 #Policy News Source: Live Mint

ReNew Power Ventures Pvt Ltd is planning to raise about $150-200 million in private equity (PE) funding and has started initial discussions for it. ReNew Power intends to use the funds for generating another 400 megawatts (MW) of solar power in addition to its 600MW of installed and operational clean energy capacity across the states of Maharashtra, Rajasthan, Karnataka, Gujarat, Madhya Pradesh and Haryana.

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