Prabha Energy Private Limited

Prabha Energy Private Limited (PEPL) is a subsidiary of Deep Industries Limited, which is listed on the National Stock Exchange of India and the Bombay Stock Exchange. PEPL holds a farm-in stake and is the lead operator in the North Karanpura coal bed methane gas field in Jharkhand State, India. Tridevi Capital advised on a US$20 million investment in PEPL through a subscription for compulsory convertible debentures. The investment will fund capital expenditure for the development and production of natural gas from the coal bed methane block.