Beta Wind Farm Pvt Ltd creates DSRA with bank for Rs. 25.58 crores

As a part of loan covenants, Beta Wind Farm Private Limited (BETA), [Subsidiary of Orient Green Power Company Limited] has successfully created Debt Service Reserve Account (DSRA) in form of Fixed Deposit with bank for Rs. 25.58 crores today with a lien marked in favour of lender, Indian Renewable Energy Development Agency Limited (IREDA). With this the total DSRA created amounts to Rs. 68.58 crore.

Shares of Orient Green Power Company Limited was last trading in BSE at Rs. 21.94 as compared to the previous close of Rs. 22.29. The total number of shares traded during the day was 394372 in over 1590 trades.

The stock hit an intraday high of Rs. 22.99 and intraday low of 21.41. The net turnover during the day was Rs. 8684377.00.

Source : Equity Bulls

Keywords

OrientGreenPowerCompany INE999K01014 BetaWindFarm DSRA FixedDeposit Lien Lender IREDA