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Vikram Solar will use INR793.36 crore (US$95 million) from the IPO to build a 3,000MW solar cell and module facility.

Vikram Solar secures SEBI nod for IPO, eyes expansion

June 5, 2025
Indian solar module manufacturer Vikram Solar has received final approval from the Securities and Exchange Board of India (SEBI) to proceed with its initial public offering (IPO) and raise capital through the public markets.
Solar_Project_-_Beas-5._MNRE_india

IFC subscribes to L&T’s Green Bond to help finance Indian solar

July 6, 2017
The World Bank’s IFC has invested INR6.67 billion (US$103 million) in L&T Infrastructure Finance Company to help finance solar PV in India.
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