Nearly three years after Welspun Renewable Energy was sold in a big-ticket deal, the firm’s co-founder has secured funding from foreign institutional investors for his new power venture. Giriraj Renewables Pvt. Ltd, a fully-owned subsidiary of Vineet Mittal-led Avaada Power Pvt. Ltd, has raised more than $50 million (Rs 354 crore ......
DFIs bet on Welspun Renewable Energy founder’s new firm
By Debjyoti Roy
- 14 Feb 2019