The company stated that the total investment for this project is valued at Rs 665 crore (USD 80 million). Upon completion, the solar plant is expected to generate about 3.23 lakh MWH of solar energy annually, offsetting an estimated 2.96 lakh tons of CO2 and providing power to approximately 2.7 lakh households.
BluPine Energy, a subsidiary of Actis, has acquired solar power assets from Acme Group for an enterprise value of ₹1,700 crore. The deal, involving 14 special purpose vehicles, will add 312 megawatts of solar capacity to BluPine Energy.
The UK-based private equity firm Actis is building its third renewable energy platform in India, BluPine Energy, after setting up and selling Ostro Energy and Sprng Energy in the past. Actis ..
The UK-based private equity firm Actis is moving away from plain vanilla wind and solar power generation projects and will focus on hybrid ones as it ..