Comments
SunEdison will soon complete the acquisition of 101.6 MW of wind power assets in Rajasthan and Karnataka from the Spanish company, Fersa Energia Renovables, for $ 33 million (Rs 210 crore).
These comprise the 20 MW Bhakrani project in Rajasthan, the 31.2 MW Gadag and the 50.4 MW Hanumanhati projects in Karnataka. The powers from these projects are sold at Rs 5.46, Rs 3.40 and Rs 3.70, respectively under three different power purchase agreements.
Meanwhile, SunEdison has also just completed the acquisition of 51 per cent stake in a 23.9 MW solar project in Rajasthan from Chinese owner, Chint Solar (Zhejiang) Co.
SunEdison was in news recently when it announced the takeover of wind assets from Continuum Wind Energy, which has 242 MW of operational assets and another 1,000 MW under construction.
Comments
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.