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Saatvik Solar seeks Rs 1,000 crore PE funding for expansion

By Economic Times - 2 months ago
Saatvik group plans to raise Rs 1,000 crore through private equity funding this fiscal year to support its expansion. The funds will help finance the planned capital expenditure of Rs 2,200 crore. The group aims to nearly double its revenue to Rs 2,000 crore this year as new capacities come onstream.

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