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PE-backed Orient Green Power to raise up to $67M via QIP

By : Sustainability ..., Jul 10, 2014

 Chennai-based Orient Green Power Company, the public listed renewable energy firm of the Shriram Group, has said its board has approved a proposal to raise as much as Rs 400 crore through a qualified institutional placement (QIP), subject to shareholders’ nod.

The...

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Orient Green Power wins board approval for biomass unit sale

By : Sustainability ..., Apr 11, 2014

Indian renewable energy producer Orient Green Power Company has received approval from its board of directors for the sale of its 10MW biomass unit in the state of Tamil Nadu.

The proposed sale is yet to receive...

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IDFC may buy Orient Green unit

By : Sustainability ..., Dec 12, 2013

 IDFC Alternatives is discussing a large stake buy, possibly a controlling interest, in select wind power assets owned by Orient Green Power Company, a listed firm of the southern conglomerate Shriram Group.

The transaction could be valued up to Rs 300 crore, said...

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