{"id":623083,"date":"2023-12-19T10:35:24","date_gmt":"2023-12-19T05:05:24","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=623083"},"modified":"2023-12-19T12:03:08","modified_gmt":"2023-12-19T06:33:08","slug":"aditya-birla-group-taps-nebras-power-to-raise-400-million","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/aditya-birla-group-taps-nebras-power-to-raise-400-million\/","title":{"rendered":"Aditya Birla Group taps Nebras Power to raise $400 million"},"content":{"rendered":"<p>Aditya Birla Group has entered into talks with Nebras Power, a wholly-owned subsidiary of Qatar Electricity &amp; Water, to offload a minority stake in its renewable energy business.<\/p>\n<p>The cement-to-retail conglomerate, which set up its renewable power unit in 2011, is looking for a strategic investor to scale up its renewable energy business.<\/p>\n<p>According to sources close to the development, Nebras Power is likely to invest about $400 million in the Indian conglomerate\u2019s renewable energy business, Aditya Birla Renewables.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Aditya Birla Group has entered into talks with Nebras Power, a wholly-owned subsidiary of Qatar Electricity &amp; Water, to offload a minority stake in its renewable energy business. The cement-to-retail conglomerate, which set up its renewable power unit in 2011, is looking for a strategic investor to scale up its renewable energy business. According to sources close to the development, Nebras Power is likely to invest about $400 million in the Indian conglomerate\u2019s renewable energy business, Aditya Birla Renewables.<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,240,138],"tags":[],"class_list":["post-623083","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-power-the-financial-express","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/623083","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\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=623083"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/623083\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=623083"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=623083"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=623083"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}