Shapoorji Pallonji divests its solar energy portfolio

Last Modified: Tue Apr 28 2020 18:42:31 GMT+0530 (India Standard Time)
  • Rs 2,341 crore
    Amount owed by Shapoorji Pallonji infrastructure division to internal groups company and EPC arm Sterling and Wilson Solar as of Sep 2019.
  • 14
    Solar energy projects with Shapoorji Pallonji as developer - 10 of which are operational (272 MW) and 4 under development (220 MW). (Click/Tap here for details).
  • $200 million
    Actis through Sprng Energy, its renewable energy platform in India, acquires 194 MW of solar projects have been operational for more than a year. Out of the 194 MW, projects totaling 144 MW are located in Telangana and a 50 MW project in Rajasthan. (Click/Tap for details).
  • $200 million
    Amount KKR agrees to pay to acquire 5 solar projects of 317 MW, ending months of negotiations.