The deal for the assets that have been up for sale since 2017, marks the first acquisition by one of India’s largest clean energy platforms.
Norway GPFG has invested $658 million in RIL ($485.19 million), ONGC ($108.74 million), Indian Oil ($61.6 million) and Oil India ($2.03 million).
Actis will likely accommodate the solar projects of Essel Group in the new firm that the private equity fund plans to acquire in a deal valued at arou
India’s renewable energy space has also seen consolidation in the backdrop of considerable overseas interest.
Norway’s Statoil ASA, France’s Total SA and Royal Dutch Shell Plc have also shown interest in investing in Amplus that has set up 350 megawat
Leap Green’s effort to raise funds comes at a time when the Indian renewable energy space is witnessing growing consolidation,
PTC India Ltd’s wind power business may be valued at around ₹2,000 crore.
The firms will make presentations before the Department of Investment and Public Asset Management for the role of M&A adviser.
India has emerged as one of the most favourable destinations for renewable energy with investments of about $42 billion. Over the next four years, the
The process to sell one of India’s largest wind energy platforms was initiated after a plan to merge Orient Green Power Co. Ltd’s (OGPL) wind powe
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