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Tata Power is pursuing bids for wind turbines to equip its wind-solar hybrid renewable energy projects, expecting to install over 3GW with a potential expansion to 5GW over five years. Major manufacturers like Siemens Gamesa and Suzlon are involved, with investments estimated at $9 billion.
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At present, AIFs have been designated as qualified institutional buyers(QIB) and can avail certain benefits under Sebi rules. On Tuesday, Sebi said AIFs should not facilitate investors who are ineligible for QIB status on their own from availing the benefits.
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News and Media
This will be India's largest public issue, surpassing the previous record set by the 21,008-crore public issue of the state-owned Life Insurance Corporation of India in May 2022.
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News and Media
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