Indowind Energy Limited Eyes Growth with Proposed 5.1 MW Operational Wind Project Acquisition

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Chennai (Tamil Nadu) [India], December 23: Indowind Energy Limited (BSE: 532894 | INE227G01018 | NSE: INDOWIND) is engaged in the generation and distribution of power through windmills, has entered into an in-principle agreement for the acquisition of about 5.1 MW operational wind power project.

The proposed acquisition is expected to be undertaken at an approximate consideration in the range of INR 200-250 million. The project is currently operational and is expected to add stable generating capacity to the Company’s renewable…



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Indowind Energy Limited Eyes Growth with Proposed 5.1 MW Operational Wind Project Acquisition


Chennai (Tamil Nadu) [India], December 23: Indowind Energy Limited (BSE: 532894 | INE227G01018 | NSE: INDOWIND) is engaged in the generation and distribution of power through windmills, has entered into an in-principle agreement for the acquisition of about 5.1 MW operational wind power project.

The proposed acquisition is expected to be undertaken at an approximate consideration in the range of INR 200-250 million. The project is currently operational and is expected to add stable generating capacity to the Company’s renewable…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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