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Oriana Power Raises Usolar Working Capital Guarantee To Rs 460 Crore


6 October 2026
Oriana Power Ltd.

Board revised corporate guarantee for subsidiary Oriana Usolar JV's Rs460 crore SBI working capital facility from 74% to 100%, pending shareholder approval. Facility funds 234 MW AC floating solar plant at DVC Maithon Dam, Jharkhand awarded by Damodar Valley Corp. Tenure 12 months renewable, repayable on demand.


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