In India’s green economy deal activity is gradually gaining pace, and this comes after country lifted many of the curbs on businesses following a strict two-month lockdown.
Power demand is also slowly returning to pre-lockdown levels after having nosedived as factories, malls and offices were shut for the past two months.
According to Live Mint, JM Financial will find a buyer for Aflanar’s 300 MW wind energy assets. As of now the estimated size of the deal is not known.
Currently the firm hold a wind project portfolio of around 600MW that it bagged in auctions conducted by Solar Energy Corp. of India (SECI). It the then in February 2018 quoted Rs. 2.45 per per kilowatt-hour (kWh) and in October 2018 Rs. 2.77 per kWh, to win the bids for developing 300MW each of wind projects.