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GMR Power planning to raise funds upto Rs 160 crore via NCDs

15 May 2024 Evaluate

GMR Power and Urban Infra is planning to raise funds upto Rs 160 crore (approximate) by way of issuance of Non-Convertible Debentures (NCDs) on Private Placement basis. The Board of Directors of the company in the meeting scheduled to be held on Friday, May 17, 2024 will 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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