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RattanIndia Group became the latest Indian developer to have sold operational solar assets. Global Infrastructure Partners (GIP) have acquired 306 megawatts of solar PV power projects from RattanIndia Group. The transactions is valued at close to $230 million. The portfolio includes utility-scale projects totalling 297 megawatts and 9 megawatts ofContinue Reading

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Now defunct, Infrastructure Leasing & Financial Services Ltd’s (IL&FS) which has a 26% stake in ONGC Tripura Power Co. Ltd (OTPC), which runs the Palatana power project in Tripura. If sources are to be believed ONGC, Global Infrastructure Partners (GIP) and the Tripura government are seeking to buy this stake.Continue Reading