ReNew Power sells 300MW solar project in Rajasthan to India Grid Trust

Type: Sale · Technology: Solar · Country: India · Capacity: 300 MW · Announced: 2024-01-09

Indian independent power producer ReNew Power sold a 300MW commissioned solar project in Jaisalmer, Rajasthan to India Grid Trust for US$199 million, subject to PPA conditions and with an additional earn-out of about US$8 million for change-in-law proceeds.

Counterparties

• ReNew Power Private Limited (Seller)
• Solar Energy Corporation of India (SECI) (Offtaker)
• India Grid Trust (Buyer)

Source article

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