Currently, 110 KV and 220 KV lines serve Mumbai's demand of around 3,500 MW.
The backers of first fund, Abu Dhabi Investment Authority, Singapore's GIC and family office Premji Invest have committed to invest in the second fund also.
The proposed IPO will comprises fresh issue of shares worth Rs 275 crore and an offer-for-sale of up to 8.50 million shares by the company's existing shareholders and promoters.
The company is planning to raise Rs 300 crore through a fresh issue of equity shares and an offer for sale of up to 8.94 million shares by its promoter.
These segments are BFSI, Healthcare, ISVs, Media and Entertainment, and Retail.
BG Srinivas held the positions of Chairman and Executive Director at Infosys Australia.
The company supplies its products to 9 out of top 10 global tyre manufacturers and to all of the top 11 tyre, paint, footwear and cosmetics manufacturers in India
The Rs 865-crore public issue will comprises a fresh issue of Rs 320 crore and an offer-for-sale of up to Rs 545 crore.
The IPO offered fresh equity shares of up to Rs 66 crore and was priced in a range of Rs 33-35 a share.
Non-convertible debentures (NCDs) are fixed income securities that is listed with stock exchanges, like BSE and NSE in India.