(EnergyAsia, August 14, Friday) — India’s largest hydropower company, state-run NHPC, said it raised US$1.25 billion through a fully subscribed initial public offering (IPO) on the Mumbai-based National Stock Exchange. The money raised will finance the construction of seven hydropower plants by 2012. At the end of its first trading day last Friday, the company…
INDIA: State NHPC raised $1.25 billion in IPO to build new hydro power plants
Posted on August 13, 2009 by EnergyAsia