India Digest: CLP eyes Suzlon unit; CDC, IFC backs Tata Homes; Edelweiss distressed assets plan

India Digest: CLP eyes Suzlon unit; CDC, IFC backs Tata Homes; Edelweiss distressed assets plan

While Hong Kong-based CLP is looking to buy stake in Suzlon’s solar power project in India, UK’s CDC and World Bank’s IFC have backed Tata Value Homes with $25 million investment each. Also, Edelweiss Financial Services is looking to set up a dedicated entity to turn around businesses acquired through the company’s asset reconstruction division.

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