Renewable energy companies gear up for big-ticket fundraising with IPOs

NEW DELHI: India’s renewable energy companies are gearing up for big-ticket fundraising with IPOs, debt and investment foreign inflows to match the gigantic requirement of the government’s unprecedented enthusiasm to generate clean power.

Sector specialists say wind energy firms are planning to raise Rs 5,000-6,000 crore while the government-owned financing entity for clean energy projects, Indian Renewable Energy Development Agency (IREDA), is also looking to raise nearly Rs 3,000 cro ..

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