Adani Group likely to acquire Essel Infra’s 310 MW capacity of solar assets

Adani group is likely to acquire about 310 MW capacity of solar energy assets of Essel Infra Projects Limited. The value of the transaction is expected to be about Rs 20 billion.

Essel Group has a total solar portfolio of 685 MW capacity that it won under the National Solar Mission and state government auctions; of which about 310 MW capacity is operational. The projects for developing the remaining 375 MW are currently under construction.

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