piramal

Piramal Enterprises Limited (PEL) has signed a Memorandum of Understanding (MoU) with the Canada Pension Plan Investment Board (CPPIB), a Canadian pension fund, to co-sponsor a renewable energy centred Infrastructure Investment Trust (“InvIT”).

Piramal Finance, a subsidiary of Indian financier Piramal Enterprises, has sanctioned a INR7 billion (US$108 million) line of credit for Acme Solar.