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Indowind is planning to install a 9MW wind farm in Tamilnadu (India) with financial assistance from Power Finance Corporation Ltd, Delhi, and the Bank of India, Mumbai. To fund the margin money, the company is proposing to go for initial public offering (IPO) through the book building route and the DRHP (Draft Red Herring Prospectus) for the same was filed with the SEBI (Securities and Exchange Board of India) on 3 February 2006.
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