ReNew Wind plans to invest around Rs 6,000 crore on development of 15 projects aggregating 1,000 MW of wind power in the next couple of years in States like Rajasthan, Karnataka, Tamil Nadu and Maharashtra.
It commissioned its first wind farm project of 25.2 megawatt (MW) at Jasdan in Rajkot district of Gujarat recently. Goldman Sachs had infused Rs1,000 crore as equity in September last year into the company, which invested Rs140 crore on the Jasdan project. Further, PTC India Financial Services Ltd (PFC), financed the Jasdan project in a 70:30 debt-equity ratio.
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It commissioned its first wind farm project of 25.2 megawatt (MW) at Jasdan in Rajkot district of Gujarat recently. Goldman Sachs had infused Rs1,000 crore as equity in September last year into the company, which invested Rs140 crore on the Jasdan project. Further, PTC India Financial Services Ltd (PFC), financed the Jasdan project in a 70:30 debt-equity ratio.
....more info