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Orient Green Power planning to raise up to Rs 250 crore

20 May 2024 Evaluate

Orient Green Power Company is planning to raise up to Rs 250 crore through issue of equity rights to its existing shareholders. Under the rights issue, a company invites its shareholders to buy additional shares at a discount. Shareholders get rights to purchase shares at lower than the market rate, helping the company raise funds without bringing in new investors. 

Orient Green Power Company is a leading Indian independent renewable energy-based power generation company focused on developing, owning and operating a diversified portfolio of renewable energy power plants. 


Peers
Company Name CMP
NTPC 321.00
Tata Power 362.00
Adani Power 196.30
Power Grid Corpn. 262.20
Adani Energy Solut. 1286.65
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