Earlier this month, the Maharatna PSU approved unrequisitioned surplus (URS) power generated by the thermal power plants.
Its IPO is aimed at strengthening the balance sheet, funding its working capital requirements and providing liquidity to some of its shareholders.
Maruti Suzuki, JSW Steel hits 52-week high in Nifty.
The issue, with a face value of ₹1 per share, comprises a fresh issue of equity shares worth ₹1,500 crore and an OFS of up to ₹3,700 crore by promoters and investors.
The project, awarded at a competitive tariff of ₹3.13/kWh, will add 700 MWp of solar DC capacity and 780 MWh of battery storage to the Reliance Group’s renewable portfolio
The company confirmed that the bonds will be redeemed on or before August 30, 2025, with consent from bondholders as stipulated in the trust deed.
The IndiGo IDFC FIRST Credit Card is available in two options with a joining fee of ₹4,999 or through a fixed deposit of ₹1 lakh, which guarantees approval without a joining fee.
Here are some of the stocks that may see significant price movement today: Bajaj Auto, Lloyds Metals and Energy, Rail Vikas Nigam, etc.
Part of the GMR Group, GMR Power and Urban Infra has operations across energy, urban infrastructure, and transport, sectors that require steady access to long-term funding.

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