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Mini-grid firm Husk to raise $400 mn
November 26, 2025
|Financial Express Delhi
HUSK POWER SYSTEMS, the world's biggest solar mini-grid operator, has begun an industry-record capital raise of $400 million as it seeks to grow revenue tenfold by 2030 and prepare for an initial public offering.
The company operates about 400 mini-grids in India and Nigeria and plans to expand further in those countries as well as others in Africa such as the Democratic Republic of Congo and Madagascar. Husk, which also installs rooftop solar and sells energy-efficient appliances, has set a target of at least 2 gigawatts of installations by 2030. "We kick-started the process as of last week," Manoj Sinha, the company's co-founder and chief executive officer,
هذه القصة من طبعة November 26, 2025 من Financial Express Delhi.
اشترك في Magzter GOLD للوصول إلى آلاف القصص المتميزة المنسقة، وأكثر من 9000 مجلة وصحيفة.
هل أنت مشترك بالفعل؟ تسجيل الدخول
المزيد من القصص من Financial Express Delhi
Financial Express Delhi
16 trade unions come in support of four labour codes
AS MANY AS sixteen trade unions, including the Bharatiya Mazdoor Sangh (BMS), on Tuesday came together in support of four labour codes at the Labour & Employment Summit-2025 in New Delhi.
1 min
December 17, 2025
Financial Express Delhi
N-energy Bill likely to open space for foreign funding
NEED FOR BASELOAD ALTERNATIVES, HUNT FOR CAPITAL
2 mins
December 17, 2025
Financial Express Delhi
IAMAI flags DoT’s SIM-binding rule, says it could disrupt digital services
Industry body warns that new rules may negatively impact a large number of businesses
1 mins
December 17, 2025
Financial Express Delhi
The digital storyteller
STORYTELLING HAS ALWAYS been one of the most powerful ways to connect with people. Earlier creators focused mainly on entertaining, informing, or inspiring audiences. Their role was often limited to crafting narratives, performing, or producing art. But the digital era has changed this identity. Today, they are not only storytellers but also technopreneurs who use technology to build businesses around creativity.
2 mins
December 17, 2025
Financial Express Delhi
Sectoral, thematic funds underperform markets
THE SECTORAL AND thematic funds category of equity mutual fund schemes which has seen an increase of nearly 130% in its assets under management (AUM) from 2023 and contributes to nearly 15% of the total equity AUM,has underperformed the market returns both over one-and three-year periods.
2 mins
December 17, 2025
Financial Express Delhi
NCLT clears Vedanta demerger
IN ITS SUBMISSIONS, the ministry referred to along-running dispute related to Vedanta’s RJ oil and gas block in Rajasthan, arguing that a substantial part of the company’s debt stemmed from government claims linked to the block.
1 min
December 17, 2025
Financial Express Delhi
ICICI Pru AMC becomes 4th most-subscribed India IPO
·₹10,600-cr IPO, subscribed 39.17 times, gets bids worth ₹3 lakh cr
1 min
December 17, 2025
Financial Express Delhi
A disservice to dignity of labour
BARRING TRANSPARENCY IN IMPLEMENTATION & SOCIAL AUDITS, NEW LAW UNDERMINES MGNREGA ENTITLEMENTS
4 mins
December 17, 2025
Financial Express Delhi
FCI explores off-budget financing
₹25,000-CR BONDS LIKELY
1 min
December 17, 2025
Financial Express Delhi
Govt proposes major overhaul of GDP series
THE NEW GROSS Domestic Product (GDP) series is set for a major overhaul with the government proposing various changes, including the adoption of the Classification of Individual Consumption according to Purpose (COICOP) 2018 for the compilation of private final consumption expenditure.
1 mins
December 17, 2025
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