ReNew Power Acquires 103 MW of Wind Projects for over $155 Million

December 13, 2017

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Indian renewable energy project developer ReNew Power has acquired a 100 percent stake in KCT Renewable Energy Private Limited (KCTREPL) from the Karm Chand Thapar (KCT) Group for over ₹10 billion (~$155 million). Under the deal, ReNew Power will take ownership of KCTREPL’s three fully-operational wind power projects that generate a combined 103 MW in Andhra Pradesh.

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