UPSToday. - This is one of information to you about the solar power with the article titled with Macquarie Plans Entry Into India Solar Power Market that written by Saurabh Mahapatra and published in Clean Technica site.
After investments in India’s thermal power market, Macquarie Asia Infrastructure Fund (MAIF) is now planning entry into India’s rapidly growing solar power market.
According to media reports, Hindustan Powerprojects Limited is planning to sell off some of its solar power assets to MAIF as the former looks to expand its solar base globally. Hindustan Powerprojects confirmed the development to an Indian business daily.
Hindustan Powerprojects has less than 300 megawatts of operational solar power capacity in India with an additional 150-200 megawatts under construction. The company is reportedly looking to sell off around half of the operational capacity to MAIF.
This is yet another instance of Indian developers looking to sell equity stake or entire assets to interested buyers to raise funds for further capacity expansion. In this case, Hindustan Powerprojects already has a substantial footprint in developed markets like the United Kingdom, Germany, Italy, and Japan. These international markets will now be the focus of the country as competition in the Indian market has increased substantially. The company has set a target for 2 gigawatts of operational capacity in overseas markets by 2022.
Through this acquisition Macquarie will make an entry into the Indian solar power market. The advantage that Macquarie would get from Hindustan Powerprojects is that the company was among the first entrants in the Indian solar power market.
And now you can read more about the article of Macquarie Plans Entry Into India Solar Power Market by Saurabh Mahapatra , from original source using link HERE.
 |
| Image Courtesy of https://www.pvsolarreport.com |
According to media reports, Hindustan Powerprojects Limited is planning to sell off some of its solar power assets to MAIF as the former looks to expand its solar base globally. Hindustan Powerprojects confirmed the development to an Indian business daily.
Hindustan Powerprojects has less than 300 megawatts of operational solar power capacity in India with an additional 150-200 megawatts under construction. The company is reportedly looking to sell off around half of the operational capacity to MAIF.
This is yet another instance of Indian developers looking to sell equity stake or entire assets to interested buyers to raise funds for further capacity expansion. In this case, Hindustan Powerprojects already has a substantial footprint in developed markets like the United Kingdom, Germany, Italy, and Japan. These international markets will now be the focus of the country as competition in the Indian market has increased substantially. The company has set a target for 2 gigawatts of operational capacity in overseas markets by 2022.
Through this acquisition Macquarie will make an entry into the Indian solar power market. The advantage that Macquarie would get from Hindustan Powerprojects is that the company was among the first entrants in the Indian solar power market.
And now you can read more about the article of Macquarie Plans Entry Into India Solar Power Market by Saurabh Mahapatra , from original source using link HERE.
Thank you for your coming here in UPS Today blog, we hope the article above will help you to know more about your interruptable Power Supply and other. Please comment here when you want to share and other. Thank you.
0 comments:
Post a Comment