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Oriental Green Power plans 8 bio mass power units across India.


Oriental Green Power, a company promoted by Shriram EPC, is planning to invest Rs. 11000 million to set up 8 bio mass based power projects across India. The likely states are Rajasthan, Punjab, Maharashtra, Tamil Nadu and Andhra Pradesh over the next 2 years. Investment for the projects will come from debt and equity and the company has recently raised Rs.3000 million through equity. 3 projects are likely to come up in Vandavasi, Sattur and Pollachi in Tamil Nadu.

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