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Cobol Technologies, a solar power firm owned by Moser Baer, has raised $30 million (Rs 151 crore) from Pangea Capital. Bermuda-based Pangea is a mid-sized fund house with total assets under management in excess of $100 million. Cobol Technologies operates in the area of electricity generation and distribution and is currently setting up a 5 MW solar power project in Uttar Pradesh

Source: Cleantech