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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 Approves ₹65 Crore Investment In Usolar Joint Venture Subsidiary
Oriana Power Secures ₹94.5 Crore Bellwether Energy Solar EPC Order
Oriana Power Secures ₹214.80 Crore EPC Contract For 50 MW Solar Projects