Orient Green Power Company Limited — Others, 08-08-2025: Monitoring Agency Report

Orient Green Power's monitoring agency report on its Rs 250 Cr Rights Issue confirms no deviation from stated objectives. Of the Rs 143.50 Cr earmarked for the 25 MW AC solar project, most funds remain unutilized, with Rs 0.11 Cr spent this quarter. The unspent Rs 143.36 Cr is currently held in fixed deposits, generating interest for the company. The board also approved a revised solar project plan, including a new EPC contractor for a 7 MW AC portion. This indicates ongoing project adjustments and demonstrates prudent capital management for stakeholders.