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Market Insight

Tata Power vies for India solar leadership

June 29, 2016  | Subscribers Only

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On 13 June 2016, Tata Power (part of Tata Group) signed an agreement with Welspun Group to acquire the subsidiary Welspun Renewables Energy Pvt Ltd  including a 1.1 GW of wind and solar power projects in operation and under development. This deal has been estimated to be of $1.4 billion (INR 10,000 crore). IHS considers this to be one of the largest solar deals in India.

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