CLP India to buy a stake in Suzlon Energy’s Telangana solar park project

CLP India is in advanced negotiations to buy a stake in Suzlon Energy’s 100 MW solar park project in Telangana. The former’s diversification of its clean energy portfolio comes after the company established itself as a leading wind power generator in the country with almost 1 GW of operating assets. A formal announcement is expected to refinalised soon. According to industry experts and news reports, an estimated 10,000 MW of solar and wind projects are believed to be on the anvil, seeking equity investments to the tune of Rs 200 billion.

 

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