Former Ostro Energy executives seek $100m for renewable energy platform

Photo: Bloomberg

Ranjit Gupta and Murali Subramanian, former chief executive officer (CEO) and chief operating officer (COO), respectively, of global private equity firm Actis LLP’s Ostro Energy Pvt. Ltd, are in talks to initially raise $100 million to establish a renewable energy platform in India, said three people aware of the development.

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