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India's Matrix Gas Plans ₹10-12 Billion IPO for Green Projects

Last Update 04 October 2024

India's Matrix Gas & Renewables plans to raise ₹10-12 billion ($119-$143 million) through an IPO to fund its green hydrogen projects, targeting 1,000 megawatts in three years. CEO Chirag Kotecha announced plans to file for the IPO next year, capitalizing on India's booming equity market. The company seeks to finance ₹35 billion in capital expenditures with 70% debt and 30% equity.

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2023

BIS Unveils New Standards to Boost Electric Vehicle Safety and Quality

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