Ganesh Green Bharat to Raise Rs.1.25 Bn, Sets Share Price at Rs.181-190

04 Jul 2024 CW Team

Ganesh Green Bharat, a renewable energy company, is set to raise ?1.25 billion through its latest fundraising initiative. The company has fixed the share price range at ?181-190 for this round of funding, reflecting strong investor interest in the growing renewable energy sector.

The funds will be utilised to expand Ganesh Green Bharat's portfolio of renewable energy projects, including solar and wind energy installations. This capital infusion will support the company's ambitious plans to enhance its production capacity and increase its footprint in the renewable energy market.

Ganesh Green Bharat's decision to raise funds comes at a time when the renewable energy sector is witnessing significant growth and investment. The company aims to leverage this momentum to accelerate its development projects and contribute to India's clean energy goals.

The share price range of Rs.181-190 has been strategically set to attract a broad base of investors while ensuring adequate capital for the company's expansion plans. This pricing reflects the company's robust market position and growth potential in the renewable energy sector.

The funds raised will also be used to upgrade existing facilities, invest in advanced technologies, and improve operational efficiencies. These initiatives are expected to enhance the company's competitiveness and drive sustainable growth in the long term.

Ganesh Green Bharat's fundraising effort underscores its commitment to leading the transition to renewable energy in India. By raising Rs.1.25 billion, the company aims to bolster its capabilities, scale its operations, and play a pivotal role in shaping a greener and more sustainable future for the country.

Infrastructure Urban

10 Mar 2026

ABB to Invest Rs 6.25 Billion to Expand India Manufacturing

ABB recently announced plans to invest approximately Rs 6.25 billion ($75 million) in India during 2026 to expand its manufacturing footprint and research and development capabilities. The investment follows more than $35 million spent in 2025 and reflects the company’s continued focus on strengthening its ‘local-for-local’ strategy in the country.The investment will support ABB’s Electrification, Motion and Automation businesses and expand manufacturing capacity for infrastructure sectors such as renewable energy, metro rail, data centres and industrial applications. Approximately 300..

Six WOLFF Cranes Handle 60,000 m³ Concrete for German Hospital

Six WOLFF tower cranes are playing a key role in constructing a new hospital complex in Memmingen, Germany, supporting large-scale material handling for the project. The facility is being built on a 7.7-hectare site and will feature six floors, around 480 beds and a gross floor area exceeding 75,000 sq m.Building shell works began recently in February 2025. One WOLFF 6531.12 Cross crane supported early site preparation before being dismantled in autumn 2025, while five remaining cranes continue operations. Over an average deployment period of 16 months, the cranes are expected to move approxim..

REC Funds Rs 115.6 Million CSR Support for Bihar Eye Hospital

REC recently committed Rs 115.6 million under its Corporate Social Responsibility (CSR) programme for the procurement of clinical and non-clinical equipment at Sankara Eye Hospital in Saharsa, Bihar. The initiative aims to strengthen healthcare infrastructure and improve access to specialised eye care services in the region.A Memorandum of Agreement (MoA) was recently signed between Pradeep Fellows, Executive Director (CSR), REC Limited, and Wg Cdr V. Shankar (Retd), Trustee and Executive Director of Sankara Eye Hospital, at the REC office in the SCOPE Complex, New Delhi.The support is expecte..