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Torrent Power to buy ReNew Energy green projects for $1.2 billion

According to media reports, Indian energy and power company, Torrent Power is planning to purchase photo voltaic and wind energy projects worth 450 million dollars from ReNew Energy Global Plc. Mint reported that Torrent Power based in Ahmedabad is planning to purchase the green power initiatives totaling 1.1 gigawatts (GW) for $1.2 billion. Torrent Power has reportedly submitted non-binding offers to purchase the photo voltaic and wind energy facilities. People who have knowledge regarding the transaction told Mint that no financial institution has so far been appointed for the transaction by ReNew. Talks regarding the valuations are also reportedly undergoing. ....

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Sembcorp acquires Vector Green

Sembcorp Green Infra has signed the agreement to acquire Mumbai-based renewable power producer Vector Green, which has a cumulative 583 MW of solar and wind portfolio in India. ....

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Sembcorp acquires Vector Green

Sembcorp Green Infra has agreed to acquire Mumbai-based renewables producer Vector Green, which has a 583 MW solar and wind portfolio in India. ....

Vipul Tuli , Vector Green Energy , India Infrastructure Fund , Sembcorp Industries , Sembcorp Green Infra , Global Infrastructure Partners India , Vector Green , Wong Kim Yin , South Asia ,