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 Transport

23 Sep 2025

PNC Infratech Bags Rs 4.96 Billion Bridge Project In Bihar

PNC Infratech Ltd announced on Friday that it has received a letter of acceptance (LoA) worth Rs 4.96 billion from the Bihar State Road Development Corporation (BSRDC).The project entails constructing a high-level bridge and approach road along the Hathouri–Atrar–Bavangama–Aurai Road, covering 21.3 km. The contract, awarded under the EPC model, is slated for completion within 1,095 days, or three years.The company confirmed that neither its promoters nor group entities hold any interest in the awarding authority. The LoA follows PNC’s earlier announcement on 5 September, when the proje..

Pampore Residents Struggle As Smart City Buses Detour

Residents of Pampore are facing severe inconvenience as the Smart City bus service on route 7A continues to bypass the town, forcing commuters to seek alternative transport.The service, connecting Jahangir Chowk in Srinagar to Pahoo via Pampore Road, was suspended earlier this month after heavy rainfall on 5 September damaged the embankment at Drangbal due to the Jhelum river overflowing. Operations were temporarily halted for reconstruction work.Although repairs were reportedly completed several days ago, buses continue to detour via the Panthachowk bypass, skipping Pampore’s main market an..

BMC Hosts E-Waste Management Exhibition In Mumbai

The BMC Education Department, in collaboration with Electrofine Recycling Pvt. Ltd., is hosting an E-Waste Management Exhibition on Friday, 19 September, from 10:00 am to 5:00 pm at N. M. Joshi School, Curry Road, Mumbai.The exhibition will feature innovative student projects on e-waste reuse, recycling and responsible disposal. Over the past four months, BMC and its partner have collected and recycled 15,000 kg of electronic waste across the city.Students from municipal schools will present projects, models and initiatives aimed at promoting environmentally sustainable practices. The hands-on..