ReNew Power, GS E&C partner on 300 MW solar project in Rajasthan

ReNew Power Private Limited (ReNew Power) has formed a joint venture partnership with South Korea-based GS E&C for the execution of its 300 MW solar power plant in Rajasthan. The project is part of the capacity auctioned by Solar Energy Corporation of India (SECI) under its tranche-IV auctions concluded earlier this year.

ReNew Power will hold a majority 51% equity under the partnership, while the balance will be held by GS E&C.