NSL Renewable Power Pvt. Ltd., a part of the Hyderabad-based NSL Group, has entered into investment agreements to the tune of $60 million with a group of international investors, including private equity firms. The company has an installed capacity of 185 MW — wind 148 MW, solar (20 MW), biomass (12 MW) and hydel (5 MW). The company had raised $60 million previously, and the proceeds of this tranche of investments would be used to fuel further growth. The investment would help NRPPL to more than double its capacity, according to NSL Group Chairman M. Prabhakar Rao.
via The Hindu Newspaper http://www.thehindu.com/business/Industry/nsl-renewable-power-raises-60-m/article4667270.ece
No comments:
Post a Comment