REC to Infuse Equity Investment of ₹142.5 Million into Hindustan Power Exchange

The investment amounts to 19% of HPX’s proposed ₹750 million equity share capital

December 1, 2023

/ Arjun Joshi
/ Finance and M&A, Other, Renewable Energy
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Government-owned infrastructure finance company REC Limited’s board of directors has approved an equity investment of ₹142.5 million (~$1.7 million) in Hindustan Power Exchange (HPX).

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Arjun Joshi

More articles from Arjun Joshi.
DisbursementEquity InvestmentHindustan Power ExchangeREC
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