Orient Green power board to meet tomorrow to discuss rights issue
New Delhi [India], August 9: Orient Green Power board will meet on 10th August, Thursday to approve rights issue of shares. The company is looking at rights issue to reduce debt and fund growth in the renewable energy sector.
Orient Green Power is a independent power producer with a capacity of over 400 mega watts (MW). The company is further looking to raise funds via rights issue to reduce debt and fund future growth projects in the renewable energy space.
