Nepal's Supreme Court recently stayed the negotiations on the power development agreement (PDA) between the government and GMR Energy for the 900 MW Upper Karnali Hydropower Project.
Tag: GMR Energy
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GMR Infra mulls IPO for energy division
In order to raise equity capital for its ongoing projects, The energy division of GMR Infrastructure may be listed in the stock exchange, reports indicate. GMR Energy, which operates power plants with a total capacity of 1,487 mw, is working on over 3,000 mw of power projects. The company plans to raise around Rs 1,500 crore by offering 10 percent stake through fresh equity issuance
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GMR Energy to raise Rs 370 cr
GMR Energy, is close to raising around Rs 370 crore in debt for achieving financial closure of two of its power transmission projects in Rajasthan.
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GMR Energy to raise Rs 370 cr
GMR Energy, is close to raising around Rs 370 crore in debt for achieving financial closure of two of its power transmission projects in Rajasthan.