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GPS Renewables' ARYA raises Rs 100 Cr funding from Incred, Spark Capital

  • ARYA, a subsidiary of GPS Renewables, has secured Rs 100 crore funding from InCred Opportunities Fund and Spark Capital.
  • The funding will be used to develop Compressed Biogas (CBG) projects under joint ventures with Indian Oil Corporation and Bharat Petroleum Corporation Limited.
  • ARYA aims to contribute to India's transition to sustainable green energy.
  • GPS Renewables has previously raised funds through debt financing and equity funding.

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