A spokesperson for Suzlon’s renewable energy platform Skeiron Renewable Energy has denied that the firm is selling the wind power assets in question. Photo: BloombergMumbai: Suzlon Energy Ltd, which is exploring the sale of 300 megawatts (MW) of wind power assets, has hired an investment bank to manage the process, said two people aware of the development. Ltd, the company that holds the 1.1GW of renewable energy assets of buyout firm Actis Capital, in a Rs10,000-crore deal. The interest from the Indian power producer and the UK-based private equity fund makes it a four-horse race for Essel’s solar power assets, which are spread across Uttar Pradesh, Odisha and Karnataka. In India, Equis Energy owned 974 MW of wind and solar power assets, developed and under development.

Source: Mint May 23, 2018 03:45 UTC