ReNew Power Ventures Pvt. Ltd, in which Goldman Sachs Group Inc. has a majority stake, is in advanced talks with Switzerland-based private equity (PE) firm Partners Group AG to raise $150-200 million to generate 400 MW of solar power.
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Japan ODA for five projects
Japan has announced a Rs 15,000-crore official development assistance (ODA) loan for five projects in India including expansion of Delhi Metro and works related to wind and solar energy. The loan agreement will include three energy sector projects - new and renewable energy, micro, small and medium enterprises energy saving, and Haryana Distribution System Upgradation.
GAIL’s wind power plans
GAIL (India) is planning to set up wind power projects with an aggregate capacity of 100 MW in Gujarat, Madhya Pradesh, Maharashtra, Rajasthan, Karnataka and Andhra Pradesh.