Eleven to Establish Renewable-Focused Electricity Distribution Network in Gurugram and Nuh.

Eleven, a diversified business group, recently said it will invest more than ₹4,700 crore to establish a renewable energy-led electricity distribution network across Gurugram and Nuh districts in Haryana.The proposed project, to be undertaken by the group's power distribution arm, ranks among the largest private investments planned in Haryana's power distribution sector.

The capital for the first phase is fully locked in, with the equity infused and the complete funding mix of equity and debt in place. The company, Eleven Power, has applied to the Haryana Electricity Regulatory Commission for a parallel distribution licence for the two districts, and the project is subject to the grant of the licence by the Commission," the company said in a statement.