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News Topical, Digital Desk : If you want to capitalize on the rapidly growing renewable energy sector, you could have a great opportunity next month. Renewable independent power producer Juniper Green Energy Limited is preparing to enter the market. According to the company's draft red herring prospectus (DRHP), the company has a strong pipeline of solar, wind, and hybrid renewable projects. This will likely keep the market watching closely. The issue will be a large issue, with the company aiming to raise ₹3,000 crore from the market.

What are the details of the issue?

According to information received, the company's IPO will be a fresh issue of ₹3,000 crore, excluding an offer for sale. The proceeds raised from the market can be used to repay debt at the company level, as well as to reduce debt at the company's key subsidiaries—Juniper Green Gamma One, Three, Field, Beam, Kite, and Ray Two. The company will also use this proceeds to meet general corporate needs. 

What's special about the company? Juniper Green Energy is among India's top renewable power companies. Based on total capacity as of December 31, 2024, Juniper Green is among India's top 10 renewable IPPs. The company started with a 100 MW solar project in 2020. As of May 31, 2025, the company has built a diversified renewable energy portfolio of 7,898.45 MW, comprising a total of 48 projects. These include solar and wind-based operational assets, contracted projects under construction, hybrid and FDRE (Firm & Dispatchable Renewable Energy) projects, and BESS (Battery Energy Storage System) projects. The company's operations span states like Gujarat, Maharashtra, Rajasthan, and Madhya Pradesh. (Disclaimer: The opinions and advice expressed on CNBC TV18 Hindi/CNBC Awaaz are the personal views of the experts and brokerage firms; the website or management is not responsible for them. Please consult your financial advisor or certified expert before investing.)


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