ALFA Filings
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Catalyst Trusteeship Limited disclosed the extension of an existing pledge on 26,59,52,084 shares of Orient Green Power Company Limited. This encumbrance represents 22.67% of the target company's share capital.
Orient Green Power's subsidiary, Delta Renewable Energy, successfully commissioned a 17.6 MW AC solar power plant in Tamil Nadu. The project is now fully operational.
Orient Green Power's subsidiary, Beta Wind Farm, has executed an EPC contract worth ₹62 Crore with Renfra Energy to install 6.6 MW of wind capacity.
Orient Green Power clarified the volume spurt stems from seasonal Q2 anticipation and earlier capex disclosures. The company confirmed no information is withheld from the market.
ICRA assigned BBB (Stable) ratings to Orient Green Power subsidiaries Beta Wind and Delta Renewable Energy. Total rated debt facilities amount to ₹595 Crores across both entities.