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Board approved 74% guarantee on Rs460cr SBI working capital facility for subsidiary Oriana Usolar JV to develop 234MW AC floating solar at DVC Maithon Dam, Jharkhand under DVC EPC contract, valid 12 months renewable, effective post shareholder nod, only contingent liability. Context: extends its pattern of backing subsidiary debt.
Oriana Power Raises Usolar Working Capital Guarantee To Rs 460 Crore
Oriana Power Completes Rs 176 Crore Truere Current Divestment To Actis
Oriana Power Secures ₹3,870 Crore MSEDCL Battery Storage Project For 900 MW
Oriana Power Approves ₹65 Crore Investment In Usolar Joint Venture Subsidiary
Oriana Power Secures ₹94.5 Crore Bellwether Energy Solar EPC Order