Soham Renewable Energy to raise up to $60 million from Macquarie SBI Infrastructure fund- VCCircle

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Soham is a power generating company purely focusing on renewable energy. It aims to be among India’s top three companies in this space. With a firm belief in the future of renewable energy, Soham has been directing its efforts in this regard for the past eight years.

Soham has built and continues to operate India’s largest hydro power plant in the small hydro private sector. This plant is a 22MW plant located near one of Southeast Asia’s largest waterfall, Jog Falls in Shimoga, Karnataka and was commissioned in 2007.

The company has since developed a 15 MW, run of the river small hydro project located across Gurupur River , Moodabidri, Dakshina Kannada district, Karnataka. This project was successfully commissioned during September 2009 .

According to the company, The D. E. Shaw group, a global investment and technology development firm, invested $15 million in Soham Renewable Energy India Private Limited to fund its expansion plan over the next five years. It has also raised commitments from FE Clean Energy Asia. - read more