CLP India Pvt. Ltd, one of the largest foreign investors in India’s power sector, on Monday said it has bought a 49% stake in SE Solar, a solar power unit of wind turbine maker Suzlon Energy Ltd, for Rs.73.5 crore. The special purpose vehicle (SPV) of Suzlon Energy is building a 100 megawatts (MW) solar energy plant at Veltoor in Telangana.
End the Year with a Deal You Can’t Miss!
Subscribe now and save 40% on our premium subscription.
Enjoy unlimited access for a full year at just $199 (usual price $339).
Premium coverage on private equity, venture capital, and startups in Asia.
Exclusive scoops from our reporters in nine key markets.
In-depth interviews with industry leaders shaping the ecosystem.
Offer valid for a limited time – don’t wait to unlock the insights that drive deal-making in Asia!
Subscribe nowAlready a Subscriber? Log in
Contact us for corporate subscriptions at subs@dealstreetasia.com