India: Renewable energy firm Bhoruka Power in talks to raise $120m

India: Renewable energy firm Bhoruka Power in talks to raise $120m

WREPL says it is committed to setting up 5 GW capacities and of this 1 GW will be commissioned well within this financial year.

Hydro and wind power producer Bhoruka Power Corp. Ltd is looking to raise about $120 million in equity investment and use the money to increase renewable energy capacity to 1 gigawatt (GW) by 2020, said managing director S. Chandrasekhar.

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