India: Mytrah Energy in talks to raise $278m from Piramal Capital SFG

India: Mytrah Energy in talks to raise $278m from Piramal Capital SFG

Photo: Bloomberg

Hyderabad-based renewable energy producer Mytrah Energy India Pvt. Ltd is in advanced talks to raise Rs1,800 crore in structured debt funding from Piramal Capital’s structured finance group (SFG), two people directly aware of the development said on condition of anonymity. According to them, the deal is at a term-sheet level and will be one of the largest structured debt investments by Piramal group till date.

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