Rays Power Infra Raises Rs. 127 Crores ahead of Planned IPO
Rays Power Infra announced raising Rs. 127 crores in Equity Capital, bringing total recent funding to nearly Rs. 200 crores. With an impending IPO DRHP filing, the company plans further fundraising to support growth, maintaining less than 5% dilution. The funds will enhance Solar and Wind park development, aiming for 3 gigawatts capacity, and drive innovation in renewable energy solutions.
Also Read Saur Energy