The government Thursday approved a pact between India and France to enhance technical bilateral cooperation in new and renewable energy. The decision was taken by the Union Cabinet chaired by Prime Minister Narendra Modi here.
The Indian arm of CLP Holdings Ltd, Macquarie Infrastructure and Real Assets (MIRA) and Hero Future Energies are among the companies that are interested in acquiring PTC India Ltd’s wind power business that may be valued at around ₹2,000 crore, two people aware of the development said.
KPMG has been hired to manage the sale of PTC Energy’s 290 MW of wind power assets across Madhya Pradesh, Karnataka, and Andhra Pradesh. There has been considerable interest in the asset, given its size, the people said, requesting anonymity.
Andhra Pradesh government today signed an MoU with Adani Group to build data center parks up to 5 gigawatt (gw) capacities in and around Visakhapatnam using 100 percent renewable energy over the next 20 years. The move also marks the Adani Group's foray into the digital infrastructure sector.
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