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Saudi Wind Power Plants For India

BY Realty Plus

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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.

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