Corporate filings made by Tata Power earlier this month have confirmed media reports that the company will undertake India’s largest ever renewable energy buyout. Tata Power, part of the Tata industrial conglomerate, has announced that it entered an agreement to acquire renewable energy assets of Welspun Renewables Energy, part of the Welspun Group. As per the agreement, Tata Power will acquire 1,152 MW of wind and solar power capacity. This includes 685 MW of operational…
Tata Power confirms $1.45 billion deal for India’s largest renewable energy buyout
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