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GMR Power planning to raise Rs 181 crore via NCDs

11 Mar 2024 Evaluate

GMR Power and Urban Infra is planning to raise funds of approximate Rs 181 crore by way of issuance of Non-Convertible Debentures (NCDs) on Private Placement basis. A Meeting of the Board of Directors of the company is scheduled to be held on on March 13, 2024 to inter-alia, consider and approve the same. 

GMR Power and Urban Infra, a subsidiary of GEPL holds expertise in the sectors of energy, urban infrastructure and transportation.


Peers
Company Name CMP
NTPC 333.30
Tata Power 365.00
Adani Power 209.85
Power Grid Corpn. 269.10
Adani Energy Solut. 1373.75
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