Welspun Energy has raised R335 Cr long term project funds from a consortium of lenders comprising of three public sector banks and one infrastructure finance firm. The funds will be used to set up a 50 MW solar power project in Rajasthan, according to BS.
Hyderabad-based CVR Group unit Navayuga Power may sell stake in its power assets to Toshiba, Sumitomo, Mitsubishi & GDF Suez. The deal Value expected to be in between INR 13,800 to 14,400 Mn for equity stake 49 to 51%.
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