New Delhi: Husk Power has secured a funding of USD 4 million (over Rs 33 crore) from Europe-based ElectriFI and the company will use the proceeds to expand its solar-hybrid minigrids business in India.
With this, ElectriFI’s total investment in the domestic solar company stands at USD 10 million after lending USD 6 million in September 2022, a joint statement said.
Husk Power Systems confirms securing of an additional USD 4 million in debt financing from ElectriFI, the statement said.
