JSW Group, an Indian multinational conglomerate, has agreed to buy renewable energy company Mytrah Energy India Private Limited in a $2 billion deal. Mytrah has one of the largest wind databases in the country and a 2.3 gigawatt operating portfolio. This includes 1.7 gigawatts of wind power and 535 megawatts of solar electricity. There are also 700MW of projects in the works. The deal is being managed by Barclays Bank.
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Note: The above-mentioned project news is taken from ProjectX India | 1st June 2022 edition. Click here to buy this issue. Access Power news, projects, tenders, and contract award information in each fortnightly issue of ProjectX India PDF version. Go for an annual subscription and get access to 24 issues in a year.