Orient Green Power Invests in Delta Renewable Fourth Tranche

Orient Green Power allotted 2,33,333 equity shares in subsidiary Delta Renewable Energy for Rs. 23.33 lakh in the fourth preferential issue tranche.
Post-allotment, Orient Green Power's 70% shareholding in Delta Renewable Energy Private Limited remains unchanged.
Delta Renewable has commissioned a 7 MW AC solar project in Tamil Nadu and has an EPC contract for a 17.6 MW AC project underway.