BRIEF-Orient Green Power Expects Sale Of Remaining Biomass Units To Conclude Over Next 2 Qtrs

  • Reuters
  • Stock Market News
BRIEF-Orient Green Power Expects Sale Of Remaining Biomass Units To Conclude Over Next 2 Qtrs
Credit: © Reuters.

Jan 9 (Reuters) - Orient Green Power Company Ltd ORIN.NS :

* CO IN ACTIVE DISCUSSIONS WITH BANKS FOR REFINANCING DEBTS TO TUNE OF 10 BILLION RUPEES TO SINGLE DIGIT INTEREST RATE

* SAYS DIVESTMENT OF BIOMASS BUSINESS SUBSTANTIALLY COMPLETED WITH TRANSFER OF 8 BIOMASS UNITS ON DEC 31, 2017

* SAYS SALE OF REMAINING UNITS EXPECTED TO BE CONCLUDED OVER NEXT 2 QUARTERS

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