{"id":114242,"date":"2017-05-26T11:28:21","date_gmt":"2017-05-26T11:28:21","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=114242"},"modified":"2017-05-26T11:28:21","modified_gmt":"2017-05-26T11:28:21","slug":"hindustan-power-plans-to-raise-around-rs-6000-crore-in-next-two-years","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/hindustan-power-plans-to-raise-around-rs-6000-crore-in-next-two-years\/","title":{"rendered":"Hindustan Power plans to raise around Rs 6,000 crore in next two years"},"content":{"rendered":"<p>Hindustan Power is targeting to raise around Rs 6,000 crore over the next two years to add 5 -6 GW of solar power capacity. <\/p>\n<p>&#8220;I think our goal to build out 5-6 GW of solar over the next five years both in India and outside India and that would be somewhere in the range of around a billion dollars (around Rs 6,000 crore) of equity,&#8221; Hindustan Power Chairman Ratul Puri said on the sidelines of a function here. <\/p>\n<p>&#8220;So, that would be raised over the next couple of years through internal cash generations and from external investors or potentially divesting some assets..potentially a combination of all these three,&#8221; Puri said. <\/p>\n<p>Asserting that there was nothing imminent in any area at present, Puri said that the company was just exploring opportunities at this juncture. <\/p>\n<p>Replying to a question, he said, &#8220;I think we are always looking at different opportunities to raise capital to finance growth and there are always multiple opportunities that are available. And&#8230; selling part of our assets is one of those opportunities&#8221;. <\/p>\n<p>&#8220;So, I think there is something which is ongoing. Not just sale but we are looking at capital to fund growth,&#8221; he added. <\/p>\n<p>The company&#8217;s current capacity is 2,000 MW, of which 800 MW solar.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Hindustan Power is targeting to raise around Rs 6,000 crore over the next two years to add 5 -6 GW of solar power capacity. &#8220;I think our goal to build out 5-6 GW of solar over the next five years both in India and outside India and that would be somewhere in the range of around a billion dollars (around Rs 6,000 crore) of equity,&#8221; Hindustan Power Chairman Ratul Puri said on the sidelines of a function here. &#8220;So, that would be raised over the next couple of years through internal cash generations and from external investors or potentially divesting [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[132],"tags":[],"class_list":["post-114242","post","type-post","status-publish","format-standard","hentry","category-power"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/114242","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=114242"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/114242\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=114242"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=114242"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=114242"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}