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Indowind Energy planning to raise Rs 30 crore

03 Jan 2018 Evaluate

Indowind Energy is planning to raise capital up to Rs 30 crore by QIP or Preferential issue of warrants to Promoters or Rights issue or any of its combination to meet the expansion and re-powering requirements of the company. The meeting of Board of Directors of the company will be held on January 05, 2018 to consider the same.

Indowind Energy is engaged in the business of generation and distribution of power through windmill. The company’s segments include Power Generation, Project Sale and Others.

Peers
Company Name CMP
NTPC 326.55
Tata Power 366.00
Adani Power 202.10
Power Grid Corpn. 267.55
Adani Energy Solut. 1354.70
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