Husk Power secures additional $4 million from ElectriFI to expand solar minigrids business
With this, ElectriFI's total investment in the domestic solar company stands at $10 million after lending $6 million in September 2022, a joint statement said.
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Husk Power has secured a funding of $4 million (over Rs 33 crore) from Europe-based ElectriFI and the company will use the proceeds to expand its solar-hybrid minigrids business in India.
With this, ElectriFI's total investment in the domestic solar company stands at $10 million after lending $6 million in September 2022, a joint statement said.
Husk Power Systems confirms securing of an additional $4 million in debt financing from ElectriFI, the statement said.
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Written By: PTI
Updated: Mon, Apr 15, 2024
02:56 PM IST
02:56 PM IST
New Delhi, PTI