Saudi Wind Power Plants For India

Saudi Arabia’s Alfanar Group is looking to sell half of its 600 megawatt (MW) wind power projects in India. With India lifting many of the curbs on businesses following a strict two-month lockdown, deal activity is gaining pace in the country’s green economy. Power demand is also slowly returning to

BY Realty Plus
Published - Tuesday, 26 May, 2020

Saudi Arabia’s Alfanar Group is looking to sell half of its 600 megawatt (MW) wind power projects in India. With India lifting many of the curbs on businesses following a strict two-month lockdown, deal activity is gaining pace in the country’s green economy. Power demand is also slowly returning to pre-lockdown levels after having nosedived as factories, malls and offices were shut for the past two months. Alfanar has tasked JM Financial to find a buyer, said sources.