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SDMC TO GENERATE 2.5MW SOLAR POWER WITH PTC

Venturing into solar technology, the South Delhi Municipal Corporation (SDMC) entered into an agreement with Power Trading Corporation (PTC) on Friday for generation of 2.5 megawatts (MW) Solar Power on the spare vacant land of SDMC. “This will be a part of the corporation’s renewable energy initiative. It is going to be an ambitious project […]

Inox Wind Infra to raise Rs 195 crore via NCDs

Inox Wind Infrastructure Services, a wholly owned subsidiary of Inox Wind, has issued non-convertible debentures worth Rs 195 crore on a private placement basis. “The NCDs will carry a coupon rate of 8.33 per cent (payable semi-annually) and are guaranteed by the company,” the company said in a regulatory filing. The proceeds from the NCDs […]