Oriana Power approves Rs 75 crore debenture issue
Oriana Power Limited (Oriana Power) has approved a Rs 75 crore fundraising plan through a private placement of debentures. The decision was taken at a meeting of the Board of Directors held on 5 January 2026. The funds are intended to support the company’s expanding project pipeline, including recently secured solar and energy storage contracts. The company plans to issue 7,500 rated, unlisted, senior, secured, redeemable, transferable, non-convertible debentures (NCDs) to selected investors, subject to…
