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- IEL, has successfully completed GDR issue of 2,000,000 GDRs @ USD 9.075 per
GDR (40,000,000 underlying equity shares), and raised an amount of USD
18,150,000. The proceeds are for meeting equity requirement for expansion
project of 25 MW & issue expenses.
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- Indowind has entered in to a MoU with M/s. Shanghai Electric Windpower
Equipment Company Ltd, for establishing wind farm in Tamil Nadu and
Karantaka, the supply contract has been signed for the first phase of 28 mw.
- Mr.KV Bala, Chairman - Interview with NDTV Profit - 1st November 2010. He talks on the details of the DVR to be issued by the company.
- Mr.Narendra Modi Hon'ble Chief Minister of Gujarat, had a one on one meeting with Mr.K.V.Bala, Chairman Indowind Energy Ltd., at Taj Connemara Hotel Chennai. The meeting was organised by CII as part of the Road show for the ensuing VIbrant Gujarat 2011 summit. Mr.Bala expressed interest to set up 10 MW Solar Project in Patan or Surendranagar Districts of Gujarat & 50 MW Wind Project in Kutch region. The group is in advanced stage of readiness to set up the projects having tied up with the suppliers & also in the process for financial closure.
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Mr.Narendra Modi Hon'ble Chief Minister of Gujarat woos three cos from south to Gujarat.
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Mr.Bala Kutti, Chairman - Exclusive interview with CNBC - 4th December 2009
- Indowind has informed BSE that the Company has received a Rs.50 Crores Term Loan sanction from Bank of India, for Meeting part requirement for acquiring running wind farms.
- Indowind has informed the exchange that a Term Loan sanction of RS.76 Crores from IREDA Ltd, New Delhi ...
- Business India - August 23rd 2009 ...
- Mr.Bala Kutti, Chairman - Exclusive interview with CNBC - 24th August 2009
- Dalal Street - MID CAP 500
- Mr.Bala Kutti, Chairman - Exclusive interview with CNBC - 25th May 2009
- Shri Narendra Modi - Chief Minister of Gujarat dedicate the 183rd Wind Turbine of Indowind to the Nation.
- Mr.Bala Kutti, Chairman - Exclusive interview with CNBC - 24th Feb 2009
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Latest News |
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Mr.Narendra Modi Hon'ble Chief Minister of Gujarat woos three cos from south to Gujarat.
AHMEDABAD: At least three leading companies from down south evinced interest in Gujarat, following a road show by CM Narendra Modi in Chennai over the weekend to attract investments in the run up to the Vibrant Gujarat Summit scheduled in January 2011.
The chief minister held one-on-one meetings with teams from TTK group, Brakes India and Indowind Energy on Saturday. Modi also met officials of OPG Group and Rane Group. Sources in the CMO say the companies were more than willing to invest in Gujarat. While TTK is a diversified conglomerate having interests in consumer durables, pharma and healthcare, Brakes India is a manufacturer of automotive and non-automotive braking systems.
Modi addressed Chennai-based business groups, institutions and organisations seeking their participation in the summit. The chief minister was extended a warm welcome by over 400 industrialists from different sectors at the event in Chennai.
Making a special appeal to Coimbatore's spinning industry, Modi said the players should make future expansions in Gujarat.
"Gujarat is the largest cotton producing state in India. The spinning mills are based in Coimbatore in India. If spinning mills were established in Gujarat, the transport cost could be reduced. We can capture the whole world," he said, quickly clarifying: "I am not here to take investments away from Tamil Nadu, but only asking you to consider setting up an additional unit in Gujarat."
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Read more: Modi woos three cos from south to Gujarat - The Times of India |
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Press Releases |
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Mr.Narendra Modi Hon'ble Chief Minister of Gujarat, had a one on one meeting with Mr.K.V.Bala, Chairman Indowind Energy Ltd., at Taj Connemara Hotel Chennai. The meeting was organised by CII as part of the Road show for the ensuing VIbrant Gujarat 2011 summit. Mr.Bala expressed interest to set up 10 MW Solar Project in Patan or Surendranagar Districts of Gujarat & 50 MW Wind Project in Kutch region. The group is in advanced stage of readiness to set up the projects having tied up with the suppliers & also in the process for financial closure. |
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