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| Exchange Disseminated Time 01/11/2015 16:09:54 | | Energy Development Company Ltd has informed BSE that the Company is executing several power projects in the states of Arunachal Pradesh and Uttarakhand through its various subsidiaries, which requires huge investment. The Board of Directors at its meeting held on November 01, 2015 has decided to bring in financial partner(s)/ strategic investors(s) for effective / speedy implementation / execution of these projects. The ongoing preferential issue of shares is also a part of such financial restructuring. |
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