Aban Offshore to raise $100M via QIP, cut debt
July 19, 2012 | Sneha Shah
In March, the company redeemed one set of its outstanding foreign currency convertible bonds worth $170M.
In March, the company redeemed one set of its outstanding foreign currency convertible bonds worth $170M.
Also backed by ChrysCap, Beacon PE and Rakesh Jhunjhunwala, NCC (formerly Nagarjuna Construction) is one of the big loss-making investment bets of Blackstone in India.
The power producer had earlier filed DRHP two years ago but did not go ahead with the issue.
The developer of airports, power projects, roads and mines, will dilute a significant minority holding in GVK Coal Developers (Singapore) Pte Ltd.
Gets 25-year operation concession from Gujarat for 2.5 MW plant.
The company is expanding its existing solar plant to raise the total output to 40 MW.
Diamond Power develops a wide range of equipment such as cables, conductors and transformers.
Greenko owns renewable energy assets of 215MW and is backed by PE firms like Aloe, TPG Growth and StanChart PE.
Shree Shubham Logistics Ltd will use the funding to expand to different states and increase its storage capacity.
First phase of the project with 1200 MW is scheduled to commence commercial operations by June 2013.