Freyr Energy to raise funds for fuel expansion

Hyderabad-based startup Freyr Energy is planning to raise funds to fuel its expansion and next phase of growth covering opex model projects.

The Hyderabad-based start up has grown rapidly over the past two years by raising about Rs 10 crore so far and is now looking at raising up to $ 2-3 million, said a report in BusinessLine.

With a strong order book, it expects to close this year with revenues of Rs. 80 crore.

Founded by Saurabh Marda, Managing Director, and Radhika Choudary, Director, the company has completed more than 750 rooftop installations across 10 States engaging 80 plus channel partners.

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Madhya Pradesh to raise Rs 14,485 crore for Metro Rail

Sat Apr 22 , 2017
The State government of Madhya Pradesh is planning to raise Rs 14,485.55 crore to implement Metro Rail project in Indore and Bhopal. Speaking to reporters, Urban Development and Housing Minister Maya Singh said, “We have a big plan to run metros in Indore and Bhopal for which a huge amount […]
Madhya Pradesh to raise Rs 14,485 crore for Metro Rail

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