GIP, RattanIndia enter agreement for sale of Indian solar portfolio
The RattanIndia Group and the Global Infrastructure Partners (GIP) has entered into an agreement for the sale of up to 306 MW solar portfolio in India for a deal of about INR16.7 billion (US$227.9 million).
The solar portfolio consists of ground-mounted projects of 297 MW combined capacity including 50 MW in Pavagada in Karnataka and 70 MW in Bhadla, Rajasthan, and rooftop photovoltaic (PV) installations in ten cities with generating capacities of 9 MW.
The projects have an existing 25-year power purchase deal with the NTPC and Solar Energy Corporation of India (SECI).
Country updates
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August 28, 2020
Risen Energy wins 165 MW solar panel deal for Anantapur solar PV project in Andhra Pradesh
Sprng Energy and an Actis group company have purchased an additional 165 MW of solar PV modules from Risen Energy, as part of the Anantapur Solar project, for supplying power to AP State through NTPC...
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August 26, 2020
Yinson to take over 140 MW solar portfolio in Rajasthan
Yinson Holdings Berhad has entered into an agreement to acquire an additional 57.5% equity interest in Rising Sun Energy Private Limited (RSE), an India-incorporated company with two operational solar...
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August 24, 2020
Siemens Gamesa to supply turbines for 473 MW wind project in Fatehgarh
Siemens Gamesa has received a firm order from Adani Green Energy for one of the largest wind power projects in India. The company will deliver 215 SG 2.2-122 wind turbines, totaling 473 MW. The agreem...
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August 18, 2020
SJVN to build a 100 MW Dholera Solar Park in Gujarat
SJVN Limited has secured a contract to develop and construct the 100 MW Dholera Solar Park located in Gujarat, India. The INR4.5 billion (US$60 million) project has a capacity of 100 MW at INR 2...
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August 14, 2020
NHDC launches tender for floating solar project in Khandwa
The joint venture company of NHPC Ltd and the State of Madhya Pradesh, NHDC Ltd., has launched a tender for the development of the 25 MW floating solar photovoltaic plant in Omkareshwar reservoir in K...
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