The RattanIndia Group has sold 306 MW of solar assets to Global Infrastructure Partners (GIP) for an amount of Rs 16.7 billion. The portfolio of assets included ground-mounted solar projects with a cumulative capacity of 297 MW spread across Pavagada in Karnataka, Katol in Maharashtra, Bhadla in Rajasthan, Allahabad and Bareilly in Uttar Pradesh as well as 9 MW of rooftop solar projects spread across 10 cities. The average tariff of these solar power projects is Rs 4.50 per unit.
